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-116-<br />

information thus obtained. <strong>The</strong>se rights of inspection and of<br />

access were applicable both inside and outside the republic. <strong>The</strong><br />

.facts that the WAAC is financed from a variety of sources, and<br />

that the major shareholders (not the majority) are Liberians<br />

reduces the actual significance of this stipulation as far as<br />

related to access to facilities outside Liberia. However, in case<br />

the financial structure of the company were to change drastically,<br />

or if it were to be bought by a foreign investor, it would become<br />

more important.<br />

<strong>The</strong> Government also included Its right to make use of the<br />

company's facilities, particularly transportation and<br />

communication services. From the detailed description of this<br />

right it can be concluded that at the time the Government hoped<br />

that a railroad would be built in this neglected part of the<br />

country. In that year, 1967, Robertsport, the county's capital,<br />

was still not linked by road to Monrovia or any other place in the<br />

republic. <strong>The</strong> railroad, however, never materialized (and not until<br />

the Administration of President Tolbert did the Government<br />

complete a road linking Robertsport with Monrovia (58).<br />

<strong>The</strong> WAAC was in the concession agreement given the right to<br />

provide transportation services within its Exploration Area for<br />

the general public though this right was not exclusive and could<br />

only be exercised after obtaining approval of the Government. <strong>The</strong><br />

right to cut timber within the concession area was restricted to<br />

construction purposes but using timber as fuel was allowed<br />

provided the Government's consent had been obtained. Harvesting of<br />

timber within the concession area on a commercial basis was also<br />

allowed though these operations would be governed by the laws of<br />

general application concerning timber concessions.<br />

<strong>The</strong> free use of water, stones, rocks, and other materials found in<br />

a radius of 3 miles from the concessionaire's exploitation lots or<br />

from the Accessory Works established by it, the right to construct<br />

communication, transportation, power, and other facilities, and<br />

the right of occupation of the surface and easement, are all of<br />

them rights similar to those to previous investors and warrant the<br />

same comments. However, there is no reason to repeat what was said<br />

before. <strong>The</strong> WAAC, however, agreed to pay the rate of 8 cents per<br />

acre per annum for the use of public lands outside the Exploration<br />

Area and the exploitation lots.<br />

Contrary to the agreement with the LIBINC, for instance, the<br />

Government would become entitled to the WAAC's assets which the<br />

company would not have sold at the time of expiration of the<br />

agreement in case no renewal would have been made (there is an<br />

option of extension of the concession after its expiration In<br />

2017). <strong>The</strong> violation of a provision of the agreement and the<br />

failure to correct this violation within 6 months after the<br />

Government had pointed out the violation in writing would give the<br />

latter the right to cancel the agreement though in some specified<br />

cases this right could be applied without notice (59).<br />

<strong>The</strong> transfer of the concession to other companies or investors was<br />

in general allowed but, contrary to the agreements with LIBINC and<br />

other concessionaires, it was expressly stipulated that foreign<br />

governments could not be admitted or accepted as partners in, or

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