In case the Company should consider it necessary to connect the Nile by
a navigable cut with the direct passage of the Isthmus, and in case the
Maritime Canal should follow an indirect course, the Egyptian Government
will give up to the Company the uncultivated lands belonging to the
public domain, which shall be irrigated and cultivated at the expense of
the Company, or by its instrumentality.
The Company shall enjoy the said lands for ten years free of taxes,
commencing from the day of the opening of the canal; during the remaining
eighty-nine years of the grant, the Company shall pay tithes to the
Egyptian Government, after which period it cannot continue in possession
of the lands above mentioned without paying to the said Government an
impost equal to that appointed for lands of the same description.
ARTICLE VIII.
To avoid all difficulty on the subject of the lands which are to be
given up to the Company, a plan drawn by M. Linant _Bey_, our Engineer
Commissioner attached to the Company, shall indicate the lands granted
both for the line and the establishments of the maritime Canal and
for the alimentary Canal from the Nile, as well as for the purpose of
cultivation, conformably to the stipulations of Article VII.
It is moreover understood, that all speculation is forbidden from the
present time, upon the lands to be granted from the public domain, and
that the lands previously belonging to private persons and which the
proprietors may hereafter wish to have irrigated by the waters of the
alimentary Canal, made at the cost of the Company, shall pay a rent
of.... per _feddan_ cultivated (or a rent amicably settled between the
Government and the Company).
ARTICLE IX.
The Company is farther allowed to extract from the mines and quarries
belonging to the public domain, any materials necessary for the works of
the canal and the erections connected therewith, without paying dues; it
shall also enjoy the right of free entry for all machines and materials
which it shall import from abroad for the purposes of carrying out this
grant.
ARTICLE X.
At the expiration of the grant the Egyptian Government will take the
place of the Company, and enjoy all its rights without reservation, the
said Government will enter into full possession of the Canal of the two
Seas, and of all the establishments connected therewith. The indemnity to
be allowed the Company for the relinquishment of its plant and moveables,
shall be arranged by amicable agreement or by arbitration.
ARTICLE XI.
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