THE HONGKONG GOVERNMENT GAZETTE, 21ST OCTOBER, 1899. 1667
6. The Purchaser of the Lot shall build and finish, fit for occupation, before the expiration of twenty-four calendar months from the day of sale, in a good, substantial and workmanlike manner, one or more good and permanent messuage or tenement upon some part of the Lot, with walls of stone or brick and lime-mortar and roof of tiles or such other materials as may be approved by the Director of Public Works, and in other respects in accordance with the conditions of the Building (Amendment) Ordinances, No. 25 of 1891 and No. 7 of 1895, and shall expend thereon a sum of not less than $30,000 in rateable improvements.
7. 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.
8. 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 hereinbefore containe 1 ; 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.
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 Purchase 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-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.
10. Possession of the Lot sold shall be given to the Purchaser, and deemed to have been taken by him, on the day of sale.
SPECIAL CONDITIONS.
1. Only European residences, and of designs approved by the Director of Public Works, to be erected on the land.
2. The purchaser shall, within three days of the day of sale, pay into the Colonial Treasury the sum of $100 (one hundred dollars) to defray the cost of removing and re-erecting the Government latrine now adjoining the lot.
3. The purchaser shall build and finish, on a site selected by the Director of Public Works, a matshed similar to the matshed now occupying part of the Lot, and shall hand over the same to the Director of Public Works before in any way interfering with the existing matshed.
Director of Public Works.
MEMORANDUM OF AGREEMENT BY THE PURCHASER.
Memorandum that
of
the person whose name is hereunder written has been declared the highest bidder for the Lot described in the foregoing Particulars of Sale an1 hereunder specified opposite to his said name and signature, and does hereby agree to become the Lessee thereof under and subject to the fore- going Conditions of Sale, and on his part to perform and abide by the said Conditions.
Fale.
No. of Registry Number.
Annual Rental.
Amount of Pre- inium at which Purchased.
Inland Lot No. 1,569.
$296
Witness to Signature of Purchaser.
Signature of Purchaser.
Witness to Signature of Director of Public Works.
Director of Public Works.