300
THE HONGKONG GOVERNMENT GAZETTE, 25TH FEBRUARY, 1899.
GOVERNMENT NOTIFICATION.-No. 125.
The following Particulars and Conditions of Sale of Crown Land by Public Auction, to be held on the spot, on Thursday, the 23rd day of March, 1899, at 3 p.m., are published for general information.
By Command,
J. H. STEWART LOCKHART,
Colonial Secretary.
Colonial Secretary's Office, Hongkong, 25th February, 1899.
l'articulars and Conditions of the letting by Public Auction Sale, to be held on Thursday, the 23rd day of March, 1899, at 3 p.m., by Order of His Excellency the Governor, of One Lot of Crown Land, in Victoria, in the Colony of Hongkong, for a term of 21 Years.
No.
of
Registry No.
Sale.
1
Garden Lot 3. Peak Road,..
PARTICULARS OF THE LOT.
Boundary Measurements.
LOCALITY.
Contents in
Annual Rent.
N.
S.
E.
W.
Square ft.
Upset Price.
feet. feet. feet. feet.
120.0" 168'.0" 25' 111'
166′.0" 159′.0" 10' 20/
10,518 50
526
CONDITIONS OF SALE.
1. The highest bidder above the upset price shall be the Purchaser, and if any dispute arise between two or more bidders, the Lot shall be put up again at a former bidding.
2. No person shall at any bidding advance less than $25.
3. Immediately after the fall of the hammer, the Purchaser shall sign the Memorandum of Agreement, hereinafter contained, for completing the purchase according to these Conditions, and shall, within Three Days of the day of sale, pay into the Colonial Treasury the full amount of Premium at which the Lot shall have been purchased.
4. The Purchaser of the Lot shall also pay to the Land Officer, on behalf of Her Majesty the QUEEN, the sum of $15 within three days of the day of sale, for and in consideration of the Boundary Stones, properly cut, fixed, and marked with the Registry Nuraber, which shall be placed by the Director of Public Works, for the Purchaser, at each angle of the Lot.
5. The Purchaser of the Lot shall pay to the Land Officer, on behalf of Her Majesty the QUEEN, a Fee of $15 upon the execution of the Crown Lease thereof.
6. The Purchaser of the Lot shall forthwith lay out the whole of the Lot as a Garden and for that purpose, at his own expense in all things, build, in a substantial and workmanlike manner, all boundary walls, and all retaining walls, necessary for effectively supporting the same; and the whole of the work to be done to the satisfaction of the Director of Public Works according to plans which shall first be submitted to and approved by him, and the Purchaser shall expend on the Lot a sum of not less than $500 (Five hundred Dollars) within twelve months from the day of sale. No building of any description other than retaining and boundary walls shall be executed upon the Lot, except such as may be required for the proper maintenance and care and enjoyment of the same as Gardens. 7. The Purchaser of the Lot shall pay into the Treasury a proportionate part of the aunual rental specified in the particulars hereinbefore contained on the 24th day of June next, and thereafter shall pay such annual rental by equal half-yearly payments on the 25th day of December and the 24th day of June in each and every year during the term of 21 years hereinbefore mentioned.
8. When the conditions herein containel have been complied with to the satisfaction of the Director of Public Works, the Purchaser of the Lot shall be entitled to, and shall execute, on demand, a Lease from the Crown of the Piece of Ground comprised in such Lot for 21 Years, to be computed from the day of sale, at such Aunual Rental, payable half-yearly on the 25th day of December and the 24th day of June in every Year, as is specified in the Particulars of such Lot hercinbefore contained; and such Crown Lease shall be subject to, and contain, all Exceptions, Reservations, Covenants, Clauses, and Conditions usually inserted in the Crown Leases of Garden Lots in the Colony of Hongkong. 9. Should the Purchaser neglect, or fail to comply with these Conditions, his Premium, or any portion thereof which may be paid, shall be thereupon forfeited to Her Majesty, who shall be at full liberty either to enforce the Sale, or to re-sell the Property at such time and place, and in such manner as to Her Majesty shall seem fit, and in case of a re-sale the increase, if any, of the Premium or l'urchase Money shall be retained by Her Majesty, and the deficiency, if any, and all Costs and Expenses shall be made good by the defaulter and be recoverable as liquidated damages, or at the option and pleasure of Her Majesty to re-enter and resume the property as if no sale had ever taken place, in which case also the premium paid by the Purchaser shall be thereupon wholly forfeited to Her Majesty. But such re-entry shall not exonerate the present Purchaser upon a subsequent re-salo of the property to make good the deficiency, if any, upon such re-sale and all costs and expenses as ascertained to be recoverable as aforesaid.