F
COPY.
Hon.Col.Sec.
Endome. II.
30867
296
S. I. L. 407
FS DECO
Immo pug
This lot was purchased by Mr. Li Ping on the 16th
September 1907. The whole of site was covered by water and the
purchaser was required under the conditions of sale to reclaim
the whole area of the lot and surrounding roads and spend a
sum of $3,000 in buildings on the lot within 2 years of date
of sale.
On the 11th April, 1908 Mesere. Denison, Ram & Gibbe
wrote in stating that on making soundings they found that the
sea wall in front of the lot would require to be over 50 feet
high, there being from 18 tỷ 20 rest of soft mud at the botton
also that the estimated cost of the sea wall was over $20,000
and that the lot when reclaimed would not worth half this sum.
They requested that the time for complying with the
reclaiming and building covenant might be extended until such
time as the Proposed Praya Wall across the Bay may be constructed
without payment of taxes.
correct.
I had soundings taken and found their statements to be
I see no prospect of any big scheme of reclamation
being carried out in the vicinity for some years and recommend
that Mr. Li Ping be given another site of equal area in the
position shown coloured red on plan attached on the following
terme viz.
(a)
(b)
Term of lease 76 years commencing from date of accept-
ance of terms, renewable for one further term of 75
years at a reassessed rental.
The lessee to reclaim the whole area of the lot
including the portion across hatched green on plan for
purpose