paid down, but for an January amount ou lo leases for such term as may be fixed & the govercon ob for the time being speed of for building purposes within law of lands.
beelding gears. in the case 75 In the present uncertainty of the permanent value of Land in Hong Kong The determination of the upset price must be left to the discretion of the Governor. In cases however, of renewal of leases, which should be periodically allowed the principle of auction would, of course, be inapplicable; but regulations must be drawn up, which
be done with great accuracy from published tables, fixing the rate at which any improved rent agreed on for the renewed lease may be converted into an improved ... but to take effect at once, the ... Lust one that of the Müneté A I think writs censouls to love machen +It should however be declared w although the Goodwill poppuild 117 road to take effect once I should not be disposed to offices on ad Ma reuewat be pose fuel of a correction of deaners Power should dows & to grant ennennt likewere be reserved to the periodically an author times as he shall since Expedient nor Governor in meetion with the Lumadeoquerat E make stipulations title will be learns to the character of the ademitted into Devant Educand bucke encival as of any
buildings to be erected on signing any particular lot let for building purposes, as they might considerably affect the value of adjunt lots. The nature the . Jany. such stipulations must be decided by the local authorities. As & Lands designated Marine, Town. Suburban Lots should. also be disposed of out & Auction, and it must be left to the Governor to decide on the length of