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by des lenses built on sficonlation bit for live. Thus, for instance, Messrs. Dent & Co., property, paying an annual ground rent of £797.12.14, consists of large elements, three of which are occupied by Partners, and the Assistants in the Firm to the number of ten, and a sum of £112 is voluntarily paid by them for 14 Lots of land sold to them, simply to prevent buildings being erected thereon which would overlook their premises.
The second on the list is the property of Messrs. Jardine, Matheson & Co., which is described as containing a large Mansion for the partners of the house on the same hill, their former residence; a spacious edifice occupied by 12 Assistants, and a Boarding Home; and derived from a Patent Slip estimated to be worth £6000, with extensive warehouses, together with 26 Chinese Houses, each paying a rent to the Landholder of about £20 per Annum.
In another locality, the Firm has five large houses which are rented to Merchants and Storekeepers at about £250 each per annum.
Mr. Duddell, the next on the list, is simply a ground rent collector, and the manner in which he proceeds is explained in his letter to the Committee, and his mode of proceeding will be understood by reference to paragraph 9, showing the manner in which he purchases ground rents.
This is also particularly referred to in Mr. Ming's Report. He owns 21 Tenements, which pay Annually £5,747, of which that portion occupied by themselves and let to Foreigners pays £1,914, leaving...