1144
THE HONGKONG GOVERNMENT GAZETTE, 15TH JULY, 1899.
GOVERNMENT NOTIFICATION.--No. 405.
The following Particulars and Conditions of Sale of Crown Land by Public Auction, to be held on the spot, ou Monday, the 31st day of July, 1899, at 3 p.m., are published for general information. By Command,
Colonial Secretary's Office, Hongkong, 15th July, 1899. -
J. H. STEWART LOCKHART, Colonial Secretary.
l'articulars and Conditions of the letting by Public Auction Sale, to be held on Monday, the 31st day of July, 1899, at 3 p.m., on the spot, by Order of His Excellency the Governor, of One Lot of Crown Land, in the Colony of Hongkong, for a term of 75 Years, with the option of renewal at a Crown Rent to be fixed by the Surveyor of Her Majesty the QUEES, for one further term of 75 years.
PARTICULARS OF THE LOT.
No.
of Sale.
Registry No.
LOCALITY.
Boundary Measurements. Contents
in
N.
8.
E.
W.
Square ft.
Annual Upset Rent. Price.
1
Inland Lot No. 1,558.
Queen's Road East, (back of I. L. 54),
feet. feet. fect. feet.
87.6 87.6 12
12
1,050 14
530
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 $20.
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 Con-litions, 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 an I in consideration of the Boun lary Stones, properly cut, fixed, and marked with the Registry Number, 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 pay into the Treasury a proportionate part of the annual rental specified in the particulars hereinbefore contained on the 25th day of December next, and there- after shall pay such annual rental by equal half-yearly payments on the 24th day of June and the 25th day of December in each and every year during the term of 75 years hereinbefore mentioned.
7. When the conditions herein contained 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 75 Years, to be computed from the day of sale, at such Annual 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 herein before contained ; and such Crown Lease shall be subject to, and contain, all Exceptions, Reservations, Covenants, Clauses, and Conditions inserted in the Crown Leases of Inland Lots in the Colony of Hongkong.
8. 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 Pre nium or Purchase Money shall be retained by Her Majesty, an] 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-sale 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.
9. Possession of the Lot sold shall be given to the Purchaser, anl deemed to have been taken by him, on the day of sale.
Director of Public Works.