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1
HONGKONG.
DETAILS OF FINANCIAL MINUTE No. 25.
No.
8
1912
Laid before the Legislative Council by Command of His Excellency the Officer Administering the Government, June 6th, 1912.
I.-WHARF AND GODOWN COMPANY'S PROPERTY.
A. The Government to take over the following proper-
ties at the values stated :-
(i.) K.M.L. 3,-107,781 sq. ft. at $4,...$ 431,124.00 (iz.) K.M.L. 9, total area 78,521 sq. ft.
Less Praya,
23,275 sq. ft.
55,246 sq. ft.
at $4,
220,984.00
(iii.) Old Praya forming part of K.M.L. 9,
23,275 sq. ft. at $0.15,
(iv.) Existing Star Ferry Pier,
3,491.25 22,000.00
(v.) Compensation for removal of buildings
on K.M.L.'s 3 and 9, the removal to be carried out by the Wharf and Godown Company and the mate- rials to remain their property,
70,000.00
(vi) Payment by Government in lieu of filling in the Police Basin and com- pleting the sea wall across its en- trance,
6,000.00
$ 753,599.25
B.-Wharf and Godown Company to take over from
Government:-
******
(1) Police Basin 71,725 sq. ft. at $4, (i) Praya in front of same 12,240 sq. ft.
at $0.15,
Balance in favour of Wharf and Go-
down Company.
H.—THE LAND RECLAMATION COMPANY'S PROPERTY.
The Government to take over the following properties at
the values stated :—
286,900.00
1,836.00
288,736.00
$ 464,863.25
(2.) K.M.L. 74,-125,795 sq. ft. at $4, (i.) K.M.L. 75,-126,459 sq. ft. at $4,
503,180.00 505,836.00
1,009,016.00
Total payable by Government to the
two Companies,
$1,473,879.25