864
THE HONGKONG GOVERNMENT GAZETTE, 24TH SEPTEMBER, 1881.
GOVERNMENT NOTIFICATION.-No. 338.
The following Particulars and Conditions of Sale of Crown Land by Public Auction, to be held on the spot, on Thursday, the 13th day of October, 1881, at 4 P.M., are published for general information. By His Excellency's Command,
Colonial Secretary's Office, Hongkong, 24th September, 1881.
W. M. DEANE, Acting Colonial Secretary.
Particulars and Conditions of the letting by Public Auction Sale, to be held on Thursday, the 13th day of October, 1881, at 4 P.M., by Order of His Excellency the Administrator, of Two Lots of Crown Land, at Kau-lung, for a term of 999 years.
No. of Sale.
Registry No.
1
Kau-lung Marine Lot No. 9
Kau-lung,
11
Do.,
PARTICULARS OF THE LOTS.
Boundary Measurements.
LOCALITY.
Contents in
N.
S.
E. w. Square ft.
Annual Upset Rent. Price.
feet.
feet. feet. feet.
S.W.
300
538 350
90,200 1,192.72 14,000
9
300
300
145 145
43,500 575.20 7,000
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 $25.
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 a deposit of one half of the amount of Premium at which the Lot shall have been knocked down, and within one Calendar Month from the day of sale, at the aforesaid Treasury, pay the remaining half of the said Premium.
4. The Purchaser of each Lot shall be entitled to ani̇l shall execute on demand a Lease from the Crown of the Piece or Parcel 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 inserted in the Crown Leases of Marine Lots in the Colony of Hongkong.
5. The Purchaser of each Lot shall pay to the Surveyor General, on behalf of Her Majesty the QUEEN, a Fee of $15 upon the execution of the Crown Lease thereof.
6. The Purchaser of each Lot shall build and finish 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 expend thereon a sum of not less than $1,000 (one thousand dollars).
7. The Purchaser of each Lot shall also pay to the Surveyor General, on behalf of Her Majesty the QUEEN, the sum of $10 upon the execution of the Crown Lease thereof, 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.
8. Should the Purchaser neglect or fail to comply with these Conditions, his Premium or any por- tion 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.
9. Possession of the Lot sold shall be given to the Purchaser, and deemed to have been taken by him on the day of sale.