A—No. 10

ARTICLE 11. It is agreed that the stipulations of the preceding Article shall apply as well to Companies aud Associations constituted and authorized previously to the signature of the present Convention, as to those which may subsequently be so constituted and authorized. ARTICLE 111. The present Convention is concluded without limit as to duration. Either of the High Powers shall, however, be at liberty to terminate it by giving to the other a year's previous notice. The two High Powers, moreover, reserve to themselves the power to introduce into the Convention, by common consent, any modifications which experience may show to be desirable. ARTICLE IV. The present Convention shall be ratified, and the ratifications shall be exchanged at Paris in fifteen days, or sooner if possible. In witness whereof the respective Plenipotentiaries have signed the same, and have affixed thereto the seals of their arms. Done im duplicate at Paris, the 30th of April, 1862.

AKTICLE 11. II est entendu que la disposition gui precede s'applique aussi bien aux Compagnies et Associations constitute* et autorisees auterieurement :i la signature de la presente Convention, qua celles gui le seraient ulterieurement. ARTICLE 111. La presente Convention est faite sans limitation de duree. Toutefois, il sera loisible h. l'une dcs deux Hautes Puissances Contractantes de la faire cesser en la denoncant un an a l'avance. Les deux Hautes Puissances Contractantes se reservent d'ailleurs la faculte d'introduire, d'tin commun accord, dans cette Convention les modifications dont l'utilite' serait demontree par l'experience. ARTICLE IV. La presente Convention sera ratifiee, et les ratifications en seront £chang£es a, Paris dans le delai de quinze jours, ou plus tot si faire se oeut. En foi de quoi, les Plenipotentiaires respectifs l'ont signe, et y ont appose le sceau de leurs armes. Fait en double original a Paris, le 30 Avril. 1862. (L S.) COWLEY. (L.S.) THOUVENEL.

4 CONVENTION RELATIVE TO JOINT STOCK COMPANIES