CO129-033 - General Stavely - Lieut. Governor - 1850 [5-8] — Page 415

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

409 25

of Land tax for that County, determind and collect by means of Assessors and Collectors, the proportions each landholder shall contribute.

Mik - regard to futura sales of land, lett be marked off the ground on paper as well on Assessor's Office, to be open to view at the ground itself. Let the lots be put up at a nominal price of one dollar an acre, and be Sold to the highest bidder, subject to the aforend assessed tae of seventeen per cent; the purchase money being paid at once, before delivery of the title; and let the lots so purchased be free from assessment for one year from the dates of purchase.

: prevent speculators from monopolizing land and from buying up the lots for resale, let aro transfer of ground be made by the first purchaser until the assessors, or a quorum of the Commissioners, shall havd viewed the lot for transfer, and shall have given their certificate that, in their estimation, the direct purchaser from Government to purchase his bona fide, for purpose of own site, and not for speculation, without due improvement of the ground; failing such certificate, let the ground Revert to Government.

Further, let the Commissioners have the power, at all times, after, say one year from purchase of unimproved lots, to view such lots, and determind, at the option of the proprietor, that the ground revert to Government, or be taxed on an arbitrary assessment, to be fixed by them. This, it is believed, would effectually stop the speculation for which many had to pay dearly!

The transfer of all lots should be registered in the Assessor's Office, the records of which should be open to the public without fee; and the Chinese should be permitted to lodge there for security, and native documents

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409 25 of Land tax for that County, determind and collect by means of Assessors and Collectors, the proportions each landholder shall contribute. Mik - regard to futura sales of land, lett be marked off the ground on paper as well on Assessor's Office, to be open to view at the ground itself. Let the lots be put up at a nominal price of one dollar an acre, and be Sold to the highest bidder, subject to the aforend assessed tae of seventeen per cent; the purchase money being paid at once, before delivery of the title; and let the lots so purchased be free from assessment for one year from the dates of purchase. : prevent speculators from monopolizing land and from buying up the lots for resale, let aro transfer of ground be made by the first purchaser until the assessors, or a quorum of the Commissioners, shall havd viewed the lot for transfer, and shall have given their certificate that, in their estimation, the direct purchaser from Government to purchase his bona fide, for purpose of own site, and not for speculation, without due improvement of the ground; failing such certificate, let the ground Revert to Government. Further, let the Commissioners have the power, at all times, after, say one year from purchase of unimproved lots, to view such lots, and determind, at the option of the proprietor, that the ground revert to Government, or be taxed on an arbitrary assessment, to be fixed by them. This, it is believed, would effectually stop the speculation for which many had to pay dearly! The transfer of all lots should be registered in the Assessor's Office, the records of which should be open to the public without fee; and the Chinese should be permitted to lodge there for security, and native documents
Baseline (Original)
24. 409 25 of Land tax for that Couns County, determind and collect by means of Assessors and follectors, the proportions each landholder shall contribute . Mik - regard to futura sales of land, lett be marked off the 68 ground paper as well on Assessor's Officd, to be As Ow the fland, iis convenient lots, open to view at the 5 ground itself. Let at a nominal price the lots be put up at a-dollar) of Lay an acre, and be Sold to the highest bidder, subject to the aferend assessed tae of seventeen per cont; the purchase money being paid at oned, before before delivery of the title; and let the lots to purchased be free from assessment for one year from the dates of purchase . É : prevent speculators frous monopolizing land and from buying, up the lots for resale, transfer of ground be made by the let aro first purchaser until the assessors, or a quarum of the Commissioners, shall havd viewed the lot for transfer, and shall have eginow their certificate that, in their extimation, the direct purchaser from Government to purchase &; his bona fide, for purpose of Merd own site, and not for the speculation, without due improvement of the ground; failing such certificate, let the ground Revesh to Assessors ar L Government Further, let the Commissioners have the power, at all times, has clapted from the aften, say one year purchase of unimproved lots, to view such lots, and determind, at the the option of the proprietor, that the · ground E revert to arbitrary ment, or be taxed on an ar Governme assessment, to be fixed by them. This, it is believed, would effectually, stop the speculation for which many had to pay dearly!" The transfer of all lots should be I records registered in the Afiesters Office, the scends of which should be open to the public without for; and the Chinese should be permitted to lodge there for security, anf native documents
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24.

409 25

of Land tax for that Couns

County,

determind and collect

by means of Assessors and follectors, the

proportions each landholder shall contribute .

Mik

- regard to futura sales of land, lett

be marked off

the

68 ground

paper

as well on

Assessor's Officd,

to be

As Ow

the

fland,

iis convenient lots,

open to view at the

5 ground itself. Let

at a nominal price

the lots be put up at a-dollar)

of Lay

an

acre,

and

be

Sold to

the highest bidder, subject to the aferend

assessed

tae of seventeen per cont; the purchase money being paid at

oned, before

before delivery of the title; and let the lots to purchased be free from assessment for one year from the dates of purchase .

É

: prevent speculators frous monopolizing land and from buying, up the lots for resale,

transfer of ground be made by the

let aro

first purchaser until the assessors, or a quarum of the Commissioners, shall havd viewed the lot for transfer, and shall have

eginow

their

certificate that, in their extimation, the direct

purchaser from Government to purchase &;

his

bona fide, for purpose of

Merd

own site,

and not for

the

speculation, without due

improvement of the ground; failing such

certificate, let the

ground Revesh to

Assessors

ar

L

Government Further, let the Commissioners have the power, at all times,

has clapted from the

aften, say one year

purchase of unimproved lots, to view such lots, and determind, at the

the option

of the proprietor, that the

· ground

E revert to

arbitrary

ment, or be taxed on an ar

Governme

assessment,

to be fixed by them. This, it is believed, would effectually, stop the speculation for which many had to pay dearly!"

The transfer of all lots should be

I

records

registered in the Afiesters Office, the scends of which should be open to the public without for; and the Chinese should be permitted to lodge there for security, anf

native documents

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