678
THE HONGKONG GOVERNMENT GAZETTE, 18TH JUNE, 1887.
GOVERNMENT NOTIFICATION.-No. 255.
The following Particulars and Conditions of Sale of Crown Land by Public Auction, to be held on the spot, on Monday, the 4th day of July, 1887, at 3 P.M., are published for general information.
By Command,
Colonial Secretary's Office, Hongkong, 18th June, 1887.
FREDERICK STEWART,
Acting Colonial Secretary,
Particulars and Conditions of the letting by Public Auction Sale, to be held on Monday, the 4th day of July, 1887, at 3 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.
Boundary Measurements.
No. of
Registry
LOCALITY.
Contents in
No.
Sale.
N.
S.
E.
W.
Square ft.
Annual Rent.
Upset
Price.
Inland Lots
12:00 < LO CO
No. 394.
Mongkok, Kowloon,..
395.
Do.,
feet. feet.
200 200 50 200 200 50
feet.
feet.
396.
Do.,
200 200 50
17
397.
"}
Do.,
200
200 50
398.
"
Do.,
399.
Do.,
200 200
200 50 50 200 50
888888
50
10,000 140
1,000
50
10,000 140
1,000
50
10,000
140
1,000
50
10,000 140
1,000
10,000 140
1,000
50 10,000 140
1,000
""
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 Government, 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.
6. The Purchaser of each 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.
7. When the conditions herein contained have been complied with to the satisfaction of the Surveyor General, the Purchaser of each 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 24th day of June, and the 25th day of December in every Year, as is specified in the Particulars of each Lot hereinbefore 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.
8. 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.