Stuntbrand Mail Steamship Company Limited

Standard Chartered Bankand Trustee for the Banks as Defined.(The Agents as Defined) for Itself and as Agent

(Please see form 395 serial no M353 for full details). Fixed and floating charges over the undertaking and all property and assets present and future including goodwill bookdebts uncalled capital buildings fixtures fixed plant and machinery.

All moneys due or to become due from the company and/or stuntbrand limited and/or and or any of the other companies named therein to the chargee under the terms of the charge and the documents refered to therein

Midland Bank PLC

Motor ship "rothesay castle", & two new refrigerated cargo ships to be built by harland & wolff LTD in their yard at belfast to be numbered 1012 & 1013.

Not exceeding sterling pounds 617000 all moneys due to chargees under ter ms of an agreement dated 7 dec 1937.

Midland Bank PLC

Covenant by company to create a mortgage in favour of chargees of M.V. "rothesay castle" & to execute in favour of chargees a fixed mortgage on 2 new ship to be built by harland & wolff LTD & nod 992 & 993 when built.

Sterling pounds 450,000

Midland Bank PLC

Covenant by company to create a mortgage in favour of chargee on R.M.M.V.stirling castle" to execute in favour of chargee a first mortgage on a new shipo be built by harland & wolff LTD at belfast nod 986 when built.

Sterling pounds 2,012,000

Midland Bank PLC

Covenant by company to create mortgages in statutory form in favour of midland bank LTD upon 2 ships building for the company as soon as complete & also mortgages in statutory form on R.M.M.V.'warwick castle' & 'carnarfon castle'.

All sums of money becoming due to midland bank LTD in respect of a loan which midland bank LTD has agreed to make to the company in relation to cost of building 2 new ships.