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" ... of stock in the canal, on the issue of stock; the state to receive, for the first twenty years, twenty per cent, annually out of the net profits of the canal, after deducting the interest on the capital actually invested, at the rate of seven per... "
History of Central America: 1801-1887 - Page 713
by Hubert Howe Bancroft - 1887
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TRAVELS IN CENTRAL AMERICA, PARTICULARLY IN NICARAGUA:

E. G. SQUIER - 1853 - 462 pages
...the State to have the privilege of taking five hundred thousand dollars of stock in the enterprise ; to receive, for the first twenty years, twenty per...actually invested, at the rate of seven per cent.; and also to receive twenty-five per cent, thereafter, until the expiration of the grant. 5th. The Company...
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Central America: Message from the President of the United States ...

United States. Department of State - 1856 - 184 pages
...proportion of the income of said canal, after the same shall be put in use, the following interests, viz : for the first twenty years, twenty per cent. annually out of the net profits, after deducting therefrom the interest of the capital employed in its construction, at the rate of...
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Walker's Expedition to Nicaragua: A History of the Central American War; and ...

William Vincent Wells - 1856 - 354 pages
...proportion of the income of said Canal, after the same shall be put in use,' the following interests, viz.: For the first twenty years, twenty per cent, annually out of the net profits, after deducting therefrom the interest of the capital employed in its construction, at the rate of...
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Senate Documents, Otherwise Publ. as Public Documents and ..., Volume 13

United States. Congress. Senate - 1856 - 848 pages
...proportion of the income of said canal, after the same shall be put in use, the following interests, viz : for the first twenty years, twenty per cent, annually out of the net profits, after deducting therefrom the interest of the capital employed in its construction, at the rate of...
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THE STATES OF CENTRAL AMERICA

E. G. SQUIER - 1858 - 800 pages
...the state, during the period assigned for the construction of the work, the annual sum of $10,000; to give to the state $200,000 of stock in the canal,...invested, at the rate of seven per cent. ; and for the re» maining sixty-five years twenty-five per cent. of the profits. The company, on the other hand,...
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Nicaragua: Past, Present and Future: A Description of Its Inhabitants ...

Peter F. Stout - 1859 - 394 pages
...the State to have the privilege of taking five hundred thousand dollars of stock in the enterprise ; to receive for the first twenty years, twenty per...actually invested, at the rate of seven per cent. ; and also to receive twenty-five per cent, thereafter, until the expiration of the Qraut. 5th. The Company...
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House Documents, Otherwise Publ. as Executive Documents: 13th ..., Volume 10

United States. Congress. House - 714 pages
...proportion of the income of said canal, after the same shall be put in use, the following interests, viz: For the first twenty years, twenty per cent, annually out of the net profits, after deducting therefrom the interest of the capital employed in its construction, at the rate of...
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History of the Pacific States of North America: Central America. 1882-87

Hubert Howe Bancroft - 1887 - 802 pages
...assigned for the construction of the work, the annual sum of §10,000; to give to tho state §200,000 of stock in the canal, on the issue of stock; the...the rate of seven per cent; and for the remaining sixty-five years, twenty-five per cent of the profits. The company, on the other hand, were to receive...
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The Works of Hubert Howe Bancroft: History of Central America. 1882-87

Hubert Howe Bancroft - 1887 - 804 pages
...the state, during the period assigned for the construction of the work, the annual sum of $10,000; to give to the state $200,000 of stock in the canal,...out of the net profits of the canal, after deducting tho interest on the capital actually invested, at tho rate of seven per cent; and for the remaining...
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The Works of Hubert Howe Bancroft ...: History of Central America. 1882-87

Hubert Howe Bancroft - 1887 - 806 pages
...the state, daring the period assigned for the construction of the work, the annual sum of $10,000; to give to the state $200,000 of stock in the canal,...for the first twenty years, twenty per cent annually oat of the net profits of the canal, after deducting the interest on the capital actually invested,...
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