CO129-078 - Sir Robinson - 1860 [7-12] — Page 88

Water Rate to be imposed on certain

City of Victoria.

Water

IV. Upon the Completion of the said Water Works there shall be levied Half- Nubdistricts of the yearly on the Crown Lessees of all Lands in the Subdistricts comprised within the la

trict of Victoria, except Wong-nei-choong and Soo-koan-poo, a Rate to be called a Rate" estimated at Two per Cent per annum on the gross annual Value of Pr perty set forth in the Police Rate Assessment for the current Year; and all the P visions of the Ordinances No. 2 of 1845 and No. 3 of 1851, touching Valuation, and Appeal, shall extend and apply to the said Water Rate.

Application of such

Hate..

Meaning of the terin" Governor."

V. The said Rate shall be applied in Manner following; that is to say: in the first place, in maintaining the said Water Works and in defraying all Expenses connee ted therewith; in the second place, in securing and repaying any Monies which may have heen borrowed for the Purposes aforesaid under the Authority of this Ordinance and the Interest accruing thereon; and the Residue shall be carried to the Credit of the fi neral Revenue of the Colony.

VI. In the Construction of this Ordinance "The Governor" shall be taken to in clude the Officer for the Time being administering the Government of the Colony. HERCULES G. R. ROBINSON.

Passed the Legislative Council of Hongkong,

this 10th Day of July, 1860.

L. D'ALMADA E CASTRO,

Clerk of Councils.

SCHEDULE A.

FORM OF MORTGAGE.

By virtue of the Ordinance No. 12 of 1860 I [herein give the name of the Governor executing the Mortgage Governor and Commander-in-Chief of the Colony of Hongkong and its Dependencies, and Vice-Admiral of the same, in consideration of the Sum of

paid to the Colonial Treasurer of the said Colony by A.B. of

for the purposes of the said Ordinance, Do grant and assign unto the said A. B., his Executors, Administrators, and Assigns, such proportion of the Rates, Profits, and other Monies arising or accruing by virtue of the said Ordinance from the Water Rate thereby authorized to be imposed as the said Sum of

doth or shall bear to the whole Sum, which is or shall be borrowed upon the Credit of the said Rates To HOLD to the said A.B.. his Executors, Administrators Assigns from this Day until the said Sum of

Interest at the rate of

to be repaid at any Time

this

with

per cent per annum for the same shall be fully paid and satisfied (the principal Sum iration of Six Months' Notice.) Given under my Hand and the Seal of the said Colony

One thousand Eight hundred and

да

astrol

Ahmad Clerk of Councils.

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