594

Valuation of Land proposed to be acquired by the War Department in the neighbourhood of Devil's Peak in the New Territory. cres. dec. 300.47 Description. Area suitable for Reclamations, and land round the foreshore on the East side of Devil's Peak and along the west shore of Junk Bay at 24 cents per square foot. $751,175.00 Crown rent on 300.47 acres at $100 per acre capitalized at 25 years purchase. $99.13 Area suitable for Reclamations and land round the foreshore on the West side of Devil's Peak and East shore of Kowloon Bay at 5 cents per sq. foot. $215,905.14 Crown rent on 99.13 acres at $200 per acre capitalized at 25 years purchase. $495,650.00 Land under cultivation, compensation assessed by Land Court, at 1 cent per square foot. $56.22 Houses, compensation assessed by Land Court at $130 each. $1,300.00 Quarries, compensation assessed by Land Court at ... $1,625.00 Remainder of Land within proposed War Department boundaries at $100 per acre. $131,952.00 Total $1,949,308.40

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