THE HONGKONG GOVERNMENT GAZETTE, 27TH SEPTEMBER, 1890. 983
l'articulars and Conditions of the letting by Public Auction Sale, to be held on Monday, the 13th day of October, 1890, at 4 P.M., by Order of His Excellency the Officer Administering the Govern- ment of one Lot of Crown Land, in the Colony of Hongkong, for a term of 999 Years.
PARTICULARS OF THE LOT.
No.
of
Registry No.
Sale.
LOCALITY.
1
Quarry Bay Inland Lot No. 2.
Shaukiwán Road,
Boundary Measurements.
Contents in
N.
S.
E.
W.
Square ft.
Annual
Upset Rent. Price.
feet.
feet. feet. feet.
104 104'
1176" 109'6" 11,804 28
354
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 in dispute shall be put up again at a former bidding.
2. No person shall at any bidding advance less than $10.
3. Immediately after the fall of the hammer, the Purchaser shall sign the Memorandum of Agree- ment, 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 or Purchasers of the Lot shall pay to the Land Officer on behalf of Her Ma- jesty the Queen, the sum of $15 for and in consideration of the Boundary stones, properly cut and marked with the Registry number which shall be placed and fixed by the Surveyor General for the Purchaser or Purchasers 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 to the Taikoo Sugar Refining Company within three days of the day of sale the sum of Two thousand Dollars ($2,000) for the Buildings belonging to the Company now standing upon the said Lot.
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 every year.
8. When the conditions herein contained have been complied with, 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 25th day of December, and the 24th day of June in every Year, as is speci- fied 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.
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.
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.
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 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
of Sale Lot.
Registry Number and Description of Lot Purchased.
Amount of Annual Rental. Premium at which
Purchased.
Quarry Bay Inland Lot No. 2.
$28
Signature of Purchaser.