844
THE HONGKONG GOVERNMENT GAZETTE, 18TH AUGUST, 1888.
Particulars and Conditions of the letting by Public Auction Sale, to be held on Monday, the 27th day of August, 1888, at 5 P.M., by Order of His Excellency the Governor of One Lot of Crown Land, in the Colony of Hongkong, for a term of 999 Years.
No.
of Sale.
Registry No.
PARTICULARS OF THE LOT.
Boundary Measurements. Contents
LOCALITY.
in
N.
S.
E.
W.
Square ft.
Annual Upset Rent. Price.
Inland Lot No. 1149.
Causeway Bay,
feet. feet. feet. feet.
370 310 60
84′10′′ 20,400
234 5,100
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 $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 of the Lot shall also pay to the Land Officer, on behalf of Her Majesty the QUEEN, the sum of $10 within three days of the day of Sale, for and in consideration of the Boundary Stones, properly cut, fixed, and marked with the Registry Number, which shall be placed by the Surveyor General, for the Purchaser, at each angle of the Lot.
5. The Purchaser of the Lot shall also 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 build and finish, fit for occupation, before the expiration of twelve calendar months from the day of sale, in a good, substantial and workmanlike manner, one good and permanent messuage, or tenement upon some part of his Lot, and shall expend thereon a sum of not less than $4,000 (Four thousand Dollars).
7. The Purchaser of the Lot shall pay into the Treasury a proportionate part of the annual rental specified in the particulars hercinbefore contained on the 25th day of December next, and thereafter 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 to the satisfaction of the Surveyor General 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 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 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 respectively, and does hereby agree with Her Majesty The QUEEN 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.
Registry Number and Description of Lot Purchased.
Amount of Annual Rental. Premiun at which
Purchased.
Signature of Purchaser.
1
Inland Lot No. 1149.
$234