CO129-004 - Public Offices & Admiralty - 1843 — Page 213

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All AI Reviewed

Coit

210

there should be a right of renewal " on such terms as the state of the Colony may render expedient » To reserve the discretionary power implied in these last words appears quite necessary under the circumstances of Hong Kong; and yet with such a discretion there could hardly be any real renewal of a lease, but rather the granting of a new Lease. And the allusions to a right of renewal would only convey an indefinite pledge, likely to result in disputes. We would therefore recommend the omission of that stipulation altogether - prefer, if Sir Henry Pottinger thought justice required it, some moderate extension of the term to be originally assigned to the leases.

II. Captain Elliot's notice fixed for Marine lots the rate of £1 per 129 Ann feet which he appears to have taken to be the average rate realized at the previous sales and he named (according to the copy of the circular sent to us) a fixed rate of £30 per acre annually for Town Lots and £2 per acre annually for Suburban Lots. But in the list of actual appropriations of Town Lots, we observe that they were made at the rate of £20 per 1025 feet which amounts to about £80 per acre.

With respect to the Marine lots assigned alienated

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Coit 210 there should be a right of renewal " on such terms as the state of the Colony may render expedient » To reserve the discretionary power implied in these last words appears quite necessary under the circumstances of Hong Kong; and yet with such a discretion there could hardly be any real renewal of a lease, but rather the granting of a new Lease. And the allusions to a right of renewal would only convey an indefinite pledge, likely to result in disputes. We would therefore recommend the omission of that stipulation altogether - prefer, if Sir Henry Pottinger thought justice required it, some moderate extension of the term to be originally assigned to the leases. II. Captain Elliot's notice fixed for Marine lots the rate of £1 per 129 Ann feet which he appears to have taken to be the average rate realized at the previous sales and he named (according to the copy of the circular sent to us) a fixed rate of £30 per acre annually for Town Lots and £2 per acre annually for Suburban Lots. But in the list of actual appropriations of Town Lots, we observe that they were made at the rate of £20 per 1025 feet which amounts to about £80 per acre. With respect to the Marine lots assigned alienated

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Coit 210 there should be a right of renewal " on such terms as the state of the "Colony may render expedient » To reserve the discretionary power implied in these last words reppears quite necesary under the circimistances of Hong Kong; and yet with sich a discretion there could hartig It any real renewal of a leak, int cather the granting of a new Lease. And the allusions to a right of renewal would only convey an indefinite pledge, likely to result in disputes. We would therefore recomin the mission of that stipulation altogether - prefer, if Sir Steury Pottinger and would thought justice required it, some moderate extension of the term to be originally infigned to the leases. II. Captain polinston's notice freed for Marine lots the rate of 21 per 129 Ame feet which he appears to have takon to be the average rate realized at the previous sales and be named (ccording to the copy of the enticin sint to us) a fixed rate of #30 per pore anmunity for Town. Lots and £2 per acre anually for Suburban Lots. But in the list of actual appropriations of Town Lots, we obverse that they were made at the rate of $20 per 11025 feet which amounts to about $80 per acre. -- nese Zecha to the Linds K With respect to the Marine hots DE Arigned alienated

2026-05-16 11:10:28 · Baseline

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Coit

210

there should be a right of renewal " on such terms as the state of the "Colony may render expedient » To reserve the discretionary power implied in these last words reppears quite necesary under the circimistances of Hong Kong; and yet with sich a discretion there could hartig It any real renewal of a leak, int cather the granting of a new Lease. And the allusions to a right of renewal would only convey an indefinite pledge, likely to result in disputes. We would therefore recomin the mission of that stipulation altogether

- prefer, if Sir Steury Pottinger

and would

thought justice required it, some moderate

extension of the term to be originally

infigned to the leases.

II. Captain polinston's notice freed for Marine lots the rate of 21 per 129 Ame feet which he appears to have takon to be the average rate realized at the previous sales and be named

(ccording to the copy of the enticin sint to us) a fixed rate of #30 per pore anmunity for Town. Lots and £2 per acre anually for Suburban Lots. But in the list of actual appropriations of Town Lots, we obverse that they were made at the rate of $20 per 11025 feet which amounts to about $80 per acre.

nese Zecha to the Linds

With respect to the Marine hots

Arigned

alienated

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