1858, Fenders were invited
the
privilege of the monopoly for one year from 12th April 1858.
was granted,
The said monopoly under and subject to the Regulations of Ordinance 12 of 1855 for one year from 14th April 1858, to Chun-tai-Kwong The as by the Governor in Council
ustified in the Government Gazette
on 27th March 1855 (notification #23)
March at a monthly sum of £589.11.8 payable
in advance.
A Bond to secure the fulfilment of the obligations of the said Chun-tai-Kwong was entered into by the said Chun-tai-Kwong and I. 2. Hrey and Yeung Achue as
sureties, on the 25th March 1858 in
the
penal sum of $10000.-
The monthly sum £589.11.8
was duly paid into the Colonial
Treasury
on account of the said Opium
monopoly at the end of March, April
and May, and on the 1st July..
and on the 14th
The Farmer of the
of the Monopoly
having failed in making the required payment for August, the Crown Solicitor was instructed by the acting Colonial Secretary in a letter dated 5th August 1855 to take action regarding the Bond
necessary
for $10000..
For further security a
Memorandum of the said Bond was
registered in the Land Office against