lost sig

was not log

nightly.

but it was

• felt 53

that it would be inexpedient to exercise it.

the trammings, whilst

The removal of the

handicapping

the

Company,

would not do

with the inconvenience caused by

Cargo

conveyance of large quantities across the public roadway.

point which I consider

There is one

upon further examination of the terms

requires to be modified.

in clause (4) of "I.

It is contained

" II. exchanges with Hongkong

Land Reclamation Company

in the Heads

of Proposed exchanges. The Crown land

to be resumed at the expense

of the Company

as in clause (3)

does

set

# forth

will require to be remitted to the

diland Lot 442, 443 618 +

or nito

should

be taken into account in

therefore

dealing

with the Company.

The

Clause (4) should now read as follows:

Company

"at the rate

the excess

for the

after deducting

pay to the Government premium

85 cents for

+ per square foot

Kowloon

the

acquired;

area

the

stated in the

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