Enclosure 3,
22
To all to whom these presents shall come, I Sir William Robinson K.C.M.G. Governor and Commander-in-Chief of the Colony of Hong Kong and its Dependencies and Vice Admiral of the same in Executive Council send greeting. Whereas by the Prepared Opium Ordinance 1891 it is enacted amongst other things that the Governor in Council may grant to any person for such considerations and upon such conditions and for such periods and in such forms as from time to time be determined by the Governor in Council the sole privilege of preparing Opium and of selling within the said Colony Opium so prepared and either inclusive or exclusive of the privileges mentioned in Sections two and three of the said Ordinance.
And that such privilege may from time to time be offered for sale either by sealed tender or at public auction and that the Governor in Council may grant to any person the said privilege as aforesaid by private contract if it shall appear desirable in the interests of the Colony. And that the accepted highest bidder for or the grantee of such privilege before he shall become entitled to the benefit thereof shall give such security as the Governor in Council may require for the due performance of the conditions stipulations or Agreement in respect thereof.
And whereas the Governor in Council has entered into a private contract with Lum Sue Bang (whose name is ...) for the grant to him of the entire privileges known as the Opium Farm established under the Preparatory Opium Ordinances 1891 for the term of three years from the first day of March One thousand eight hundred and ninety-five for the yearly sum of Two hundred and eighty-six thousand Dollars and on the following conditions and stipulations:
(1) That the said yearly sum of Two hundred and eighty-six thousand Dollars shall during the said term be paid by equal monthly instalments in advance on the first day of each calendar month, the first of such payments being made on the first day of March One thousand eight hundred and ninety-five.
(2) That the holder of the said privileges shall deposit with the Treasurer money to the amount of three of such monthly instalments or give security to be approved of by him for that amount for the due performance of the conditions on which the said privileges and stipulations or Agreement in respect thereof are granted.
(3) That during the continuance of the said privilege the holder thereof shall be entitled to the exclusive use of a Trade Mark to be approved of by the ...