Mexico: Mexico city.
143
everything relative to the construction and exploitation of the tracks, in conformity
with the general law and further dispositions relative to railroads ; and
to the treasury department in everything relative to the laws and regulations of
its -branch of the Government. When the construction is finished the Federal
Government shall have the right to name an inspector to approve said works, to
the end that the company may prove that they have been constructed in conformity
with the plans presented.
Art. 4. All tariffs which the company may use for storage and compensation
for other services in its warehouses, platforms, sheds, and patios shall be submitted
for approval to the treasury department The company is authorized
to lower the established tariffs within the fixed maximum, but they shall not be
again raised within a period of three months. Merchandise which enters under
a fixed tariff shall enjoy it until it leaves the warehouses. All increases in the
tariffs of charges must be announced at least two months in advance.
The company shall not have the i>ower to establish special charges in favor of
any person or company, and any reduction which it may make shall be applicable
to all its customers, except for the effects of the Government, which shall
enjoy special rebates, which shall in no case he less than 25 per cent nor more
than 50 per cent on the prices for the public.
The company, save in cases of superior force, which must be proved to the
satisfaction of the respective custom-house, shall make no concession favorable
to the entrance or departure of merchandise.
Art. 5. It is understood that the tariffs shall be fixed on a basis of gross
weight and indivisible fractions of 100 kilograms (220.46 pounds). The
treasury department may extend authority for using as a basis for the tariff of
charges volume, number of pieces, or superficial dimensions. The prices of the
tariffs shall not apply to indivisible masses of more than 3,000 kilograms weight,
which shall be subject to special tariffs. Storage shall be charged by fifteen-day
Periods, and merchandise which may leave before the completion of a fortnight
shall pay for the entire fortnight. Storage on lots of merchandise shall be
charged from the day of entrance of the first of the lot to the day of the departure
of the last of the lot. In order to effect the partial removal of merchandise
which may have been deposited at one time, it may be divided into various lots
hi accordance with the provisions of the respective regulations.
Art. 6. The maximum tariffs of charges for storage shall be as follows: For
foreign merchandise which has not paid the customs dues, per 100 kilograms,
Per month—first class, 30 cents; second class, 20 cents; third class, 10 cents;
fourth class, 6 cents ; for national merchandise or foreign merchandise on which
the customs and other duties have been paid, per 100 kilograms, per month—
first class, 15 cents; second class. 12 cents ; third class, 8 cents; fourth class, 5
cents. The classifications of merchandise shall be made with the approval of the
treasury department.
Art. 7. Storage and other charges of the warehouses shall be considered only
:i fter the customs dues have been covered, these being preferred credits against
the merchandise, but the merchandise shall not be delivered to the owner until
the storage and other charges of the warehouses shall have been covered or
guaranteed to the satisfaction of the company.
Art. 8. The company is authorized to issue hypothecary bonds or obligations
°f any other sort guaranteed by its buildings constructed on its own lands under
the following conditions :
I. Property equivalent in value to the capital stock fixed in this contract shall
he left free of all incumbrance.
II. The term of redemption of the bonds shall not exceed the duration of this
contract.
III. The incumbrance shall not exceed 50 per cent of the value of the property
incumbered, in the judgment of the Government.
IV. The express declaration must be made that the incumbrance does not
effect the right of the Government conceded by article 19 of the law of February
16, 1900.
Art. 9. The company shall he responsible to the treasury, in case of failure to
buy them by the owners or consignees, for the payment of all duties on merchandise
received in storage, and also for all fines and other pecuniary responsibilities
which the owners or consignees may have incurred on said merchandise.
For the purpose of this article merchandise shall not be admitted to the
Warehouses without previous determination by the respective custom house of
the amount due the treasury, and port dues for special services shall be coined
before the merchandise enters the warehouse.
