II. Transfer of public properties

It is understood that public properties to be transferred to the Government of the Chinese Republic under Article 5 of the présent Treaty include (1) ali public works, such as roads, waterworks, parks, drainage and sanitary équipaient, and (2) ail public enterprises such as those relating to téléphone, electric light, stockyard and laundry.

The Government of the Chinese Republic déclares that in the management and maintenance of public works to be so transferred to te Government of the Chinese Republic, the foreign community in the former German Leased Territory of Kiaochow shall hâve fair représentation.

The Government of the Chinese Republic further déclares that, upon taking over the téléphone enterprise in the former German Leased Territory of Kiaochow, it will give due considération to the requests from the foreign community in the said Territory for such extensions and improvements in the téléphone enterprise as may be reasonably required by the gênerai interests of the public.

With respect to public enterprises relating to electric light, stockyard and laundry, the Government of the Chinese Republic, upon taking them over, shall re-transfer them to the Chinese municipal authorities of Tsingtao, which shall, in turn, cause commercial companies to be forraed under Chinese laws for the management and working of the said enterprises, subject to municipal régulation and supervision.