528
THE HONGKONG GOVERNMENT GAZETTE, 14TH MAY, 1887.
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 Lots 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 PURCHASERS. Memorandum that the persons whose names are hereunder written have been declared the highest bidders for the Lots described in the foregoing Particulars of Sale and hereunder specified opposite to their said names and signatures respectively, and do hereby agree with Her Majesty The QUEEN to become the Lessees thereof under and subject to the foregoing Conditions of Sale, and on their parts to perform and abide by the said Conditions.
Number of Sale
Lot.
Registry Number and
Amount of
Description of Lot Purchased.
Annual Rental. Premium at which
Purchased.
Signatures of Purchasers.
102.00
Inland Lot No. 963.
$434
931.
25
$156
932.
>>
$224
GOVERNMENT NOTIFICATION.—No. 202.
The following Particulars and Conditions of Sale of Crown Land by Public Auction, to be held on the spot, on Tuesday, the 7th day of June, 1887, at 5 P.M., are published for general information.
By Command,
Colonial Secretary's Office, Hongkong, 14th May, 1887.
FREDERICK STewart,
Acting Colonial Secretary.
Particulars and Conditions of the letting by Public Auction Sale, to be held on Tuesday, the 7th day of June, 1887, at 5 P.M., by Order of His Excellency the Officer Administering the Government, of Six Lots of Crown Land, at Mongkok, Kowloon, in the Colony of Hongkong, for a term of 75 Years.
PARTICULARS OF THE LOTS.
No.
Boundary Measurements.
of
Registry No.
LOCALITY.
Contents in
Annual
Sale.
N.
S.
E.
W,
Square ft.
Rent.
Upset
Price.
Inland Lots
IQ BELO CO
No. 394.
395.
Mongkok, Kowloon, Do.,
""
396.
Do.,
"
397.
Do.,
100
398.
Do.,
100 50
feet. feet. feet. feet.
100 100 50 100 100 50 100 100 100 100
>>
"
1
399.
Do.,
888888
50
50
50 5,000 50 5,000 70 50 5,000 50 5,000
70
70
70
50 5,000 70
100 100 50 50 5,000 70
* RRRRRR
500
500
500
500
500
500
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 of each Lot shall also pay, to the Land Officer, on behalf of Her Majesty the QUEEN, a Fee of $5 upon the execution of the Crown Lease thereof.
5. The Purchaser of each Lot shall reclaim the same from the sea to the levels required by the Goverment, and 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 or more good and permanent tenement or tenements upon some part of his Lot, with stone and lime mortar walls, and tile roofs, and in other respects in accordance with the conditions of the Buildings Ordinance No. 8 of 1856, and shall lay out and expend thereon the sum of $2,000 (Two thousand Dollars) at the least.