4.
417
I
the next Hongkong resident applied for a building site in the mountains.
merely touch
on
this point
think the cases
of
as 9
Messrs Overbeck
and Vaucher can scarcely be
scarcely be
advanced as a reason to upset
subsequently carefully considered
0
way of consideration for the improved holding; and I apprehend therefore. that no consideration is contemplated by the Memorialists. In such case, it would be for the Government to
consider whether having sold 75
the
year
lease holds
for
certain
prices,
it would not be entitled to something.
plan of leak tenures.
/more/
The memorialists
pray
the
Governor to transfer their 75 year
leaseholds to the category of
town
but In
: leaseholds for 999 years, cannot find anywhere
anywhere in the paragraphs of the memorial any offer to pay the Colonial Treasury [ increased premia or rentals, by
way
for 999 year leaseholds.
The principal ground
on
which the extention is solicited is,
that large
sums have been
each lot and otherwise
on
-expended in building a house
improving the land, but as the chief stipulation
at the sale when each lot was
put
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