8
9°
AS
them had become either insolvent, or abandonment of their purchases, many of so that to press the Government claims would have led to their absconding or becoming insolvent, in which case the money already expended on the Sea Wall would have been wholly lost, and it must have been continued entirely at the cost of the Government, itself almost insolvent at the time.
12. These were the leading points in the case when on the 14th February last I received a petition from the tenants of the Marine Lots praying for a reduction of their rent to one fourth of its present scale, and if that request could not be complied with that the Government should accept the surrender of all the Lots both Inland and Marine, and should then proceed to reclaim and fill them in, constructing the Sea Wall at the expense of the colony. When all this was done the petitioners suggested that the lots should be resold and the proceeds of the sale devoted to repaying the present tenants the value of all buildings then erected and of all outlay incurred on the sea wall, and to reimburse the Government for its outlay, to repay the tenants all rents previously paid with eight percent interest on their outlay.
13. I doubt if it be possible to imagine a more extraordinary request preferred to
dol
8
9°
AS
them had become either insolvent, or
abandonment of their purchases,
abo
many
of
so
that to prefs the Government
nearly so, that to
claims would have led to their absconding becoming insolvent, in which case wither
e
the
money already expended
on the Sea.
Wall would have been wholly lost,
var
it
must have been continued entirely at the cast of the Government. itself almost
insolvent at the time.
12.
These were the leading paints
the case when
om
in
the 14th February last
C
I received a petition from the tenants of
the Moarine Loto praying for
reduction of their rent to one
aw
absolute
fourth of
ito present scale, aut if that request could not be complied with that the Government
1/4
ཚང་མིན་ན་ས་ ་
*
should
accept
the surrender of all the
Lots both Inland and Marine, aud
should then proceed to reclaim and fill them in, constructing
was
constructing the Sea. Wall at the expense of the balony. When all this done the petitioners suggested that the loto should be resold and the proceeds of
the sale devoted to repaying the present tinants the value of all buildings then
erected and of all outlay incurred
sea wall.
Indly to reimburse the
Government for its outlay to repay
on the
C#
the
tenants all rents previously paid! with
eight per
rento yo yo
13.
cent interest
om
their outlay and
I doubt if it be pofsible to imagine
a more
extraordinary request preferred to
а
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