THE HONGKONG GOVERNMENT GAZETTE, 22ND SEPTEMBER, 1905.
[75.]
[76.]
[77]
[78.]
[79.]
[79.] If the purchase-money or compensation shall not Sums from exceed the sum of one thousand dollars, and shall exceed $100 to the sum of one hundred dollars, the same shall either be $1,000 to be paid into Court, and applied in the manner hereinbefore paid into
Court, or to directed with respect to sums exceeding one thousand trustees. dollars, or the same may lawfully be paid to two trustees, to be nominated by the parties entitled to the rents or profits of the lands in respect whereof the same shall be payable, such nomination to be signified by writing under the hand of the parties so cutitled ; and in case of the coverture, infancy, idiotey, lunacy, or other incapacity of the parties entitled to such monies, such nomination may lawfully be made by their respective husbands, guardians, committees, or trustees; bat such last-mentioned application of the monies shall not be made unless the Promoter approves thereof, and of the trustees named for the purpose; and the money so paid to such trustees, and the produce arising therefrom, shall be by such trustees applied in the manner hereinbefore directed with respect to money paid into Court, but it shall not be necessary to obtain any order of the Court for that purpose.
[80.] If such money shall not exceed the sum of one Sum not hundred dollars, the same shall be paid to the parties entitled cxceeding to the rents and profits of the lands in respect whereof the $100 to be same shall be payable, for their own use and benefit, or in paid to parties. case of the coverture, infancy, idiotey, lunacy, or other incapacity of any such parties, then such money shall be paid, for their use, to the respective husbands, guardians, committees, or trustees of such persons,
sation to
[81.] All sums of money exceeding one hundred dollars Application which may be payable by the Promoter in respect of the of compen- raking, using, or interfering with, any lands under a con- tract or agreement with any person who shall not be entitled parties not absolutely to dispose of such lands, or of the interest therein contracted entitled, to be sold by him, absolutely for his own benefit, shall be paid into Court or to trustees in manner aforesaid.
[82.] Where any purchase-money or compensation paid Court to iuto Court under the provisions of this Ordinance shall have direct been so paid in respect of any lease for a life or lives or application
of
money in years, or for a life or lives and years, or any interest less
respect of than the whole interest granted by any Crown lease, it life interest. shall be lawful for the Court or a Judge, upon petition to &c., in lands, the Court in a summary way of any party interested therein, to order that the same shall be laid out, invested, accumu- lated, and paid in such manner as the Court or such Judge may consider will give to the parties interested in such money the same benefit therefrom as they might lawfully have bad from the interest in respect of which such money shall have been paid, or as near thereto as may be.
the lands to
Promoter by deed.
[33.] Upou payment in manner hereinbefore provided, of Upon pay- the purchase-money or compensation agreed or determined ment being to be paid in respect of any of such lauds purchased or made, the taken by the Promoter under the provisions of this Or- owners of dinance, the owner of such lands, including in such term assign, or in all parties by this Ordinance enabled to sell or assign default the lands, shall, when required so to do by the Promoter, lands to vest duly assign such lands to the Promoter, or as he shall in the direct; and in default thereof, or if such owner fails to adduce a good title to such lands to his satisfac- tion, it shall be lawful for the Promoter, if he thinks fit, to prepare a deed of conveyance, assignment, or assurance of such lands to himself, containing a descrip- tion of the lands in respect of which such defanit shall be made, and reciting the purchase or taking thereof by the Promoter, and names of the parties from whom the same were purchased or taken, and the payment made in respect thereof and declaring the fact of such default having been made, and to tender such deed after the same shall have been stamped with the stamp duty which would have been payable upon an assignment to the Promoter of the lands described therein, to the Registrar for execution on behalf of the owner and other (if any) the conveying, assigning, or assuring parties, and thereupon the Registrar shall, upon an order of the Court to be obtained upon petition in a summary way, execute the same, and all the estate and interest in such lands of or capable of being sold and as- signed by the party between whom and the Promoter such agreement shall have been come to, or as between whom and the Promoter such purchase-money or compensation shall have been determined as herein provided, and shall have been paid as aforesaid, shall vest absolutely in the
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