CO129-177 - Sir Kennedy Acting Governor Austin Lieut Governor Hennessy - 1877 [1-5] — Page 122

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

121

value of property, notwithstanding all that has been often said to the contrary

The history of the small portion of the Central School site sold for $49,550 is peculiar, £10399.18.0 now sold be of some and interest as showing how great have been the changes in this Colony. In its early days Crown lots were not sold for a premium but were knocked down to the bidder of the highest Crown Rental; and the Bamboo Garden lot one acre in extent having been resumed afterward purchased by Sir George Bonham for the year's Crown Rent of £4.9 paid to the holder.

The intention with which the purchase was made not, however, carried out as the cost of levelling the site for a playground for the School estimated at $25,000. This the present purchasers propose to proceed at once with an additional outlay of $250,000 for a retaining wall, and this with its purchase money the rocky lot of one acre, which was sold in 1853 for an annual rental of £4.9, will before any building has been commenced,

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121 value of property, notwithstanding all that has been often said to the contrary The history of the small portion of the Central School site sold for $49,550 is peculiar, £10399.18.0 now sold be of some and interest as showing how great have been the changes in this Colony. In its early days Crown lots were not sold for a premium but were knocked down to the bidder of the highest Crown Rental; and the Bamboo Garden lot one acre in extent having been resumed afterward purchased by Sir George Bonham for the year's Crown Rent of £4.9 paid to the holder. The intention with which the purchase was made not, however, carried out as the cost of levelling the site for a playground for the School estimated at $25,000. This the present purchasers propose to proceed at once with an additional outlay of $250,000 for a retaining wall, and this with its purchase money the rocky lot of one acre, which was sold in 1853 for an annual rental of £4.9, will before any building has been commenced,

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121 value of property, notwithstanding all that has been ofte said to the entrany The history of the small portion of the Central School site sold for $49, 550 is peculiar, £10399.18.0 now sold be of sane and interest as chaving how great at have been the changer in this Polary. In its early days Ormon fat were not sold for a premium but were Knocked down to the bidder of the highest Crown Routal; and the Bamben Garden of one are in extent having been this afterward. resumed purchased ar Avao by Sir George Bonham for me year's brun Aent of £4.9 paid to the holder. The intention with which the purchase e was made) not, havener, carried out as w wo the ent of levelling the site for a play ground for the Schul £$208.6.8 estimated at $2 5, 0 0 0. This the present fer- chavers propose to a proud at muce 4 1908. 6.8 with an additional outlay of $250,000 for a retaining wall, and this with its purchase money rocky lot of sold in 1853 me aere, which the -an annual for-a AV a rental of £4.9, will before any building he been commenced, {

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121

value of property, notwithstanding all that has been ofte said to the entrany

The history of the small

portion of the Central School site

sold for $49, 550 is peculiar, £10399.18.0

now sold

be of sane

and

interest as

chaving

how

great

at have been

the changer

in this Polary. In its early days Ormon fat were not sold for a premium but were Knocked down to the bidder of the highest Crown Routal; and the Bamben Garden of one are in extent having been this

afterward. resumed

purchased

Avao

by Sir George Bonham for me

year's brun Aent of £4.9 paid

to the holder.

The intention with which

the purchase

e was made)

not, havener, carried out as

w wo

the

ent of levelling the site for a play ground for the Schul

£$208.6.8 estimated at $2 5, 0 0 0.

This

the present fer-

chavers propose to a proud at muce

4 1908. 6.8 with an additional outlay of $250,000

for a retaining wall, and this with its purchase money

rocky

lot of

sold in 1853

me aere, which

the

-an annual

for-a

AV a

rental of £4.9, will before any building he been commenced,

{

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