f
10 OP Y.
I.
Honekone, 20th. nale?
Sir,
Kr 922 APR 12
}
Proposed Site for Railway Terminus
I have the monour to acknowledge the receipt of
your letter No. 1 in 6981/07, dated lobu. March, 1912.
Un we.alf of the Wharf & Codom Company and the Land Reclamation Company I beg to accept the terms set forth therein subject however to the following amendments:-
Para. 2, II, B (ix).
This is an altogether new proposal which was not discussed in the negotiations which have taken place. In event of the transacion being completed by a transfer of lead, I beg to inform you that the Reclamation Company is not prepared to accept this additional area, even at $2,75 per square foot. On the other
hand if Government completes the transaction by a further cash
payment, as detailed in para_raph 6 of your above letter, the
straightening of Salisbury Road is a matter which will not then
concern us.
In view of what is above written, I would
point out that the balance stated in your letter as in favour of
the Reclamation Company on a "transfer of land basis" will require
amendment,
Para. 3.
The existing Pontoon when removed from the
present Ferry Pier to be handed over to the Wharf Company.
Para. 5. vii.
It is understood that "in a good state of
repair" means that the Wharf Company will maintain the Pier in as
good a state of repair as if it was not about to be relinquished.
Para. b. xii.
"Six months" instead of "three", it being
understood that the Wharf Company will hand over such portions
of the land as may be urgently required, within three months or
earlier