Land
Board
fired rental, the biddings being on the premium for the lease. In suly
18824, 27 Marine and Inland lots
37
at Kowloon were sold at auction.
The-Inland lots not being in question Fuegy raed not further be rishiced- The rents of the masive lots(contain = -ing rack 30.000. inperficial geet) were with two sxeaptions fixed $529. per annend. The premiums
cdd ah
obtained in the majority of ca-
sequently little more
ivere
Concl
trav
rominal. The
about $82. each.
average
Lot 1
The preat expenditure
required for sea wall & reclaiming
the marine Loli which were
under water, - the heavy cents, -
and the depreped finansial state of the Colony have placed it out of the power of the Lefees to fulfil
their
Engagements. They petitioned the Governor therefore for relief, but the terms they proposed inadmisible. After
lev some
were
rego =
siation, however, Sir R.M. Donnell
concruted to the following
alang=
-mant, cubject to the approval of the secretary of State, my- that if
all arrears
sent and of
of senh
sunes due to the Contractor for
the construction.
of
the Lea wall
were at once paid- and the lolf
filled
the 7th July 1888 - thie
in
rent of such of the defes should sign
the
et
sub is
agreement
No comments yet.
Private notes are available after approval.