For that purpose, and particularly it shall be lawful for all or any of the following parties, so seized, possessed or entitled as aforesaid, so to sell assign or release (that is to say) all corporations, tenants in tail or for life, married women seized in their own right, guardians, committees of lunatics and idiots, trustees in trust for charitable or other purposes, executors and administrators, and all parties for the time being entitled to the receipt of the rents and profits of any such lands in possession, or subject to any lease for life or for lives and years or for years or any less interest; and the power so to sell and assign or release as aforesaid may lawfully be exercised by all such parties, other than lessees for life or for lives and years or for years or for any less interest, not only on behalf of themselves and their respective heirs, executors, administrators and successors, but also for and on behalf of every person entitled in reversion, remainder or expectancy after them, or in defeasance of the estates of such parties, and as to such married women, whether they be of full age or not, as if they were sole and of full age, and as to such guardians on behalf of their wards, and as to such committees on behalf of the lunatics and idiots of whom they are the committees respectively, and that to the same extent as such wives, wards, lunatics, and idiots respectively could have exercised the same power under the authority of this Ordinance if they had respectively been under no disability, and as to such trustees, executors and administrators, on behalf of their cestuis que trustent, whether infants, issue unborn, lunatics, femes covert, or other persons, and that to the same extent as such cestuis que trustent respectively could have exercised the same powers under the authority of this Ordinance if they had respectively been under no disability.
65. The power to release lands from any rent-charge or incumbrance and to agree for the apportionment of any such rent-charge or incumbrance shall extend to and may lawfully be exercised by every party hereinbefore enabled to sell and assign or release lands to the Company.
66. The purchase money or compensation to be paid for any lands to be purchased or taken from any party under disability or incapacity and not having power to sell or assign such lands except under the provisions of this Ordinance, and the compensation (if any) to be paid for any permanent damage or injury to any such lands shall not be less than such a sum as shall be approved of by a Judge upon a special case, and all purchase money and compensation recovered under or by virtue of this section shall be paid into Court for the benefit of the parties interested.
Deposit of Money or Security.
67. Notwithstanding anything in this Ordinance contained the Company shall not exercise the powers hereby conferred unless and until they shall have paid as a deposit the sum of ten thousand dollars into the Treasury of the Colony of Hongkong, which said sum shall be invested by the Governor in Council upon such stocks funds and securities and in such mode, manner or way as the Company shall desire and the Governor in Council shall approve of. The Company may transfer to the Government in lieu wholly or in part of the said sum of ten thousand dollars any lands, stocks, funds, shares or securities of an equivalent value.
68. The said sum of ten thousand dollars and the investments for the time being representing the same and any lands, stocks, funds, shares or securities so as aforesaid transferred to the Government (all hereinafter called "the deposited security") shall not be paid or transferred to the Company unless the Company shall within the period mentioned in section 26 of this Ordinance complete and open for public traffic the whole of the tramway hereby authorized, and if the Company shall make default in so completing and opening the whole of the tramway the deposited security shall be applied as provided by the immediately following section.
69. If within the period mentioned in section 26 of this Ordinance the Company shall not complete and open for public traffic the whole of the tramway hereby authorized then and in such case the deposited security shall be realized and applied towards compensating the Government for the expense incurred by the Government in taking up any uncompleted and unopened portion of tramway or the materials connected therewith placed by the Company in or upon any
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