THE HONGKONG. GOVERNMENT GAZETTE, 24TH JUNE, 1893.
665
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 Nunber, 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, before the expiration of twenty-four calendar months from the day of sale, expend thereon a sum of not less than $50,000 in rateable improvements, and all works carried out thereon shall be subject to the provisions of the Buildings Ordinances, Nos. 15 of 1889, and 25 of 1891.
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 999 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 999 Years, to be computed from the day of Sale, at such Annual Rental, payable half-yearly on the 24th day of June, and the 25th day of December in every Year, as is specified in the Particulars of such Lot hereinbefore 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 Inland Lots in the Colony of Hongkong.
9. Should the Purchaser of the Lot desire to construct a reservoir upon such Lot in such a manner as to in any way interfere with, or which may, in the opinion of the Director of Public Works, interfere with the present natural flow of water from the hill sides to, near to, or upon Inland Lot No. 897, or should the Purchaser of the Lot in any other manner desire to divert or obstruct such natural flow as aforesaid, the Purchaser shall be at liberty to do so upon first entering into an agreement in writing with the Owners and Occupiers for the time being of the said Inland Lot No. 897 to allow them a daily supply of 50,000 gallons of water. Such agreement to be signed by the Purchaser and approved and signed by the Owners and Occupiers of the said Inland Lot No. 897, and then to be produced to the Director of Public Works before any such construction or obstruction works as afore- said are commenced.
10. 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.
11. Possession of the Lot sold shall be given to the Purchaser, and deemed to have been taken by him, on the day of sale.
Director of Public Works.
MEMORANDUM OF AGREEMENT BY THE PURCHASER.
Memorandum that
the
of
person whose name is hereunder written has been declared the highest bidder for the Lot described in the foregoing Particulars of Sale and hereunder specified opposite to his said name and signature, and does hereby agree to become the Lessee thereof under and subject to the foregoing Conditions of Sale, and on his part to perform and abide by the said Conditions.
Number
Registry Number of Sale
and Lot. Description of Lot Purchased.
Amount of Annual Rental. Premium at which
Purchased.
Signature of Purchaser.
1
Inland Lot No. 1,336.
$1,000
Witness to Signature of Purchuser.
Witness to Signature of Director of Public Works.
Director of Public Works.