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the proposed amount of renewed ground rent, it can scarcely be what should determine. Deliv the dispute. If indeed the Town of Victoria in Hong Kong were divided among a great number of Proprietors, there might be Lone the property of the Crown alone.
All the eligible Lots in it will soon, if they are not already, be very disposed of so that after the lapse of 75 years the renewals will take place in large quantities, and at simultaneous periods.
actions current value of Land ascertained by frequent trans: and provision might the for these reasons we should much prefer at once terms of be made the Lease for deciding any increase of ground Rent by proper Appraisers. But in rout of fact the whole Town intended to remain
The extending the duration of the Leases for a reasonable period with conditions which we do not peer to encumbering then the means of carrying out without dispute and discontent. And while therefore attaching its