1828 ORDINANCE No. 19 OF 1884 .
Piers and Wharves ( Chater's).
CHATER his executors , administrators or assigns shall think fit to adopt,
to take effect either in possession or reversion , and either with or without
a premium or premiums, as a consideration or considerations for such
demise or demises .
Power to 21. It shall be lawful for the said CATCHICK PAUL CHATER his
mortgage.
executors, administrators or assigns , from time to time and at any time
to borrow money on mortgage of all or any part of his undertaking, and
for that purpose to assign or demise by way of mortgage, all or any
portion of the said wharves and piers , to any person or persons, corpora
tion or company , and to enter into all such covenants , provisoes , declara
tions and agreements as the said CATCHICK PAUL CHATER his executors ,
administrators or assigns shall think fit and proper.
Duration of
Ordinance.. 22. The rights, powers , and privileges granted by this Ordinance
to the said CATCHICK PAUL CHATER, his executors , administrators , and
assigns, shall continue in force for twenty years to be computed from the
date of the proclamation thereof. Provided always that the Governor in
Council may, from time to time, so often as the Governor in Council shall
think it expedient, by order, to be published in the Gazette, declare that
the duration of such rights , powers, and privileges shall be extended for
any further term or terms not exceeding ten years at a time, and there
upon such rights, powers, and privileges shall continue in force for such
extended period .
Cessation of
23. Upon the cessation of the rights , powers , and privileges granted
powers.
by this Ordinance, it shall be at the option of the Governor in Council to
purchase the wharves and piers and works by this Ordinance authorised
from the said CATCHICK PAUL CHATER, his executors , administrators , or
assigns for a price which shall be exclusive of any allowance for past or
future profits of the undertaking, or any compensation for compulsory
sale, to be determined in case of difference by two arbitrators to be nomi
nated one by the Governor in Council , and the other by the said CATCHICK
PAUL CHATER, his executors , administrators , or assigns ; and in case the
said arbitrators cannot agree, by an umpire to be agreed upon between
them. If the Governor in Council does not exercise the option to buy
within one month of such cessation as aforesaid, the said CATCHICK PAUL
CHATER, his executors, administrators , and assigns shall, at their own
expense, remove the said wharves and piers and works, and restore the
site thereof to its former condition , and in the event of their failure to do