THE HONGKONG GOVERNMENT GAZETTE, 3RD MARCH, 1877.
109
Particulars and Conditions of the letting by Public Auction Sale, to be held on Tuesday, the 13th day of March, 1877, by Order of His Excellency the Administrator, of Three Lots of Crown Land, in British Kowloon, for a Term of 14 Years.
PARTICULARS OF THE LOT.
Boundary Measurements.
No.
of
Registry No.
LOCALITY.
N.
5.
E.
Sale.
Contents in w. Square ft.
Annual Upset Rent. Price.
fect. feet.
feet.
feet.
$
Garden Lots
255.01
137.01
1
No. 71
Tsim-sa-tsui,
367.0
328.0
35.62 77,602
100.00
204.0
142.0
No. 72
Do.,
243.0 50.0
180.01
358.0
186.01 200.0
49,624 22.78 100,00
s
3
No. 73
Tai-tso-pai,.......
286.9126.0 | 163.9 268.0
43,500
19.96 100.00
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 $5.
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 knocked down.
4. The Purchaser of each Lot shall be entitled to and shall execute on demand a Lease from the Crown of the Piece or Parcel of Ground comprised in such Lot for 14 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 Garden 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 $5 upon the execution of the Crown Lease thereof.
6. 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 the angle of each Lot.
7. 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.
8. Possession of the Lots sold shall be given to the Purchasers, and deemed to have been taken by them on the day of sale.
MEMORANDUM OF AGREEMENT BY THE PURCHASER. Mendum that 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.
Signature of Purchaser.