.No. 65.
THE HONGKONG GOVERNMENT GAZETTE, 16TH MAY, 1868.
GOVERNMENT NOTIFICATION.
191
The Purchasers of Lots 1 and 2 having bought them under a misapprehension, it has become necessary again to resell them by Public Auction to be held on the 25th Instant, at Noon.
By Command,
J. GARDINER AUSTIN, Colonial Secretary.
Colonial Secretary's Office, Hongkong, 16th May, 1868.
Particulars and Conditions of the Letting by Public Auction Sale to be held on Monday, the 25th day of May, 1868, by Order of His Excellency The GOVERNOR, of certain Lots of Crown Lands in the Colony of Hongkong for a Term of 999 Years.
PARTICULARS OF THE LOTS.
No. of
Sale.
Registry
No.
Boundary Measurements.
Locality.
Contents in
Square ft.
Annual Rental.
Upset Price.
Whether Crown Lease. to be subject to any of the Special Covenants of Schedule B.
N.
S.
E.*
W.
1
2
229 Central Market East, Praya Side,.. 230 Central Market West, Praya Side,.
14 & 41
55.6
35.6
24.3 & 11.6
13.9 & 30.6
14.9
42.3
28 & 13.6
981 1,009
$17.29 $1,000 Covenant A.&B. $17.78 $1,000 Covenant A. &B.
CONDITIONS OF SALE.
1. The highest bidder above the upset price shall be the Purchaser, and if any dispute arise the Lot shall be put up again at a former bidding.
2. No person shall at any bidding advance less than $100.
3.-Immediately after the fall of the hammer the Purchaser shall sign the Memorandum of Agreement 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 fifth 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 Two of the remaining Four fifths of such Premium, and at the end of Five Calendar Months from the Day of Sale pay the remaining Two fifths of the said Premium.
4.-The Purchaser of the 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 999 Years, to be computed from the 24th day of June, 1868, at such Annual Rental payable half yearly on the 24th Day of December and the 24th Day of June 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 the exceptions, reservations, covenants, clauses, and conditions usually inserted in the Crown Leases of Inland Lots in the Colony of Hongkong and contained in the Printed Form of Crown Lease in Schedule A annexed hereto.
5.-The Purchaser of every 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.-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.
7.-Possession of every Lot sold shall be given to the Purchaser and deemed to have been taken by him on the Day of sale.
Schedule A.
The Printed Form of Crown Lease referred to in the foregoing conditions of sale can be inspected on application at the Surveyor General's Office previously to the sale.
Schedule B.
Special Covenants referred to in the foregoing Conditions of Sale.
A. The Crown Leases of sale Lots Nos. 1 and 2 shall contain a covenant that the Lessees their executors, administrators, or assigns will allow free passage and right of way as heretofore over the same 14 feet in width and not less than 11 feet in height.
B. The said Leases shall also contain a covenant that no retail business shall be carried on in build- ings to be erected thereon, nor unless the height width and purposes for which such buildings shall be used, shall be sanctioned by the Governor.