$50,000 while the premium that
the land would fetch
In this
estimated at $10,000
case the aurouunt which it is
proposed to expend.
on the
the
building is $5,000 and
stimated premium $1,000.
I consider that the
proposed Justitution at Kowloon,
A L
equally deserving object for the assistance of Government the Sailor's Home, of which
is will practically be a branch,
I have therefore
to
recommend
147
for Your Lordships
favourable consideration that a
leave
of
the
ground.
Forma marked
the plan herein, for 75 years
at the nominal rent of per
be
amuum,
rauted to a
granted
duty
constituted body of Truster on
similar terms (mutatis
mutandis) as those enumerated
and approved of in the despater
referred to above.
I have the honour to be
My lord,
Your Lordship's most obedient
humble servant,
Byty Barker
Mager Fu