CO129-143 - Sir MacDonnell - 1870 [1-2] — Page 334

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

Governor is prohibited from selling Crown lands otherwise than by

Qublix Auation at an Upeet Price, and that

it would be necessary to put the

Lots up to Auction,

instavitly.

begged to withdraw from the

arrangement, and signified their

intention of at once comm

Commencing to

build although in all probability they would have been the only.

bidders at the Auction:

They positively refused to-

t contrast

buy unless by private.

and as it appeared desirable to the Government that this

appartivity

of disposing of the Mint Lats

should not be last and as the --

332

Governor is instructed to sell by Publix Avation unless otherwise __ dinated through the Secretary of State, Iadvised that

a contrast

should be entered into with Megor

Wakee Smith & Co for the naval Crawn Leaser of 999

years.

to the stipulated

opprice but subject to the approval and ratification of the Searetary of State with the understanding that in the event of such ratification being refused, they should be allowed to occupy the premises. tenants at a rack rent of $5,000

These terms

a year for 5 years-

were

accepted and Mess: Wahee I mith had a formal con

formal contract_

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