CO129-244 - Governor Des Voeus Acting Governor Fleming - 1890 [1-4] — Page 526

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

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this establishment.

I have the honour to be,

My Lord, Your Lordship's Most Obedient

Humble Servant,

2. Shining Fleming

P.S. I have addressed a Confidential despatch of this date to Your Lordship on the above subject.

Enclosure 2.

523

Acting Chief Manager, Hongkong & Shanghai Bank to Acting Col: Secretary

Copy.

Hongkong & Shanghai Banking Corporation

Hongkong, 18th April, 1890.

To the Honourable W. M. Deane,

Acting Colonial Secretary,

&c. &c. &c.

Sir,

Having been notified that it is the intention of the Government to withdraw a considerable amount of the Praya Reclamation money now deposited in this Bank, I would ask you kindly to bring the following facts before His Excellency the Administrator.

The total cost of the Reclamation works is estimated at about $21,500,000, of which 25 per cent has been called up - $537,500; but of this, $136,500 is still in the hands of the Supreme Court belonging to Estates &c., leaving only $401,000 at the present time in the hands of the Bank. Of this sum $140,000 (or 25 per cent preliminary deposit) is now being used for sections two and seven, which being the case, will leave only a balance of $261,000.

This $261,000, I may mention will be still further reduced by the payment of salaries, general expenses in connection with the scheme and remuneration to wharf owners.

And

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10 this establishment. I have the honour to be, My Lord, Your Lordship's Most Obedient Humble Servant, 2. Shining Fleming P.S. I have addressed a Confidential despatch of this date to Your Lordship on the above subject. Enclosure 2. 523 Acting Chief Manager, Hongkong & Shanghai Bank to Acting Col: Secretary Copy. Hongkong & Shanghai Banking Corporation Hongkong, 18th April, 1890. To the Honourable W. M. Deane, Acting Colonial Secretary, &c. &c. &c. Sir, Having been notified that it is the intention of the Government to withdraw a considerable amount of the Praya Reclamation money now deposited in this Bank, I would ask you kindly to bring the following facts before His Excellency the Administrator. The total cost of the Reclamation works is estimated at about $21,500,000, of which 25 per cent has been called up - $537,500; but of this, $136,500 is still in the hands of the Supreme Court belonging to Estates &c., leaving only $401,000 at the present time in the hands of the Bank. Of this sum $140,000 (or 25 per cent preliminary deposit) is now being used for sections two and seven, which being the case, will leave only a balance of $261,000. This $261,000, I may mention will be still further reduced by the payment of salaries, general expenses in connection with the scheme and remuneration to wharf owners. And

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10 this establishment. I have the honour to be, My Lord, Your Lordship's Most Ordient Humble Servant, 2. Shining Fleming ل P.S. I have addressed on the above Your Lordship in a Confidential Mr subject despatch of this date. م جمع Enclosure 2. 523 Acting Chief Manager,Hongkong & Shanghai Bank to Acting Col: Secretary Copy. Hongkong & Shanghai Banking Corporation Hongkong, 18th. April, 1890. To the Honourable W. M. Deane, Acting Colonial Secretary, &C. &C. &c. Sir, Having been notified that it is the intentio of the Government to withdraw a considerable amount of the Praya Reclamation money now deposited in this Bank, I would ask you kindly to bring the following facts before His Excellency the Administrator. 9924 The total cost of the Reclamation works is esti- mated at about $21,500,000, of which 25 per cent has been called up- $537,500; but of this. $136,500 is still in the hands of the Supreme Court belonging to Estates &c. leaving only $401,000 at the present time in the hands of the Bank. Of this sum $140,000 (or 25 per cent preliminary deposit) is now being used for sections two and seven, which being the case, will leave only a balance of $261,000 This $261,000, I may mention will be still further reduced by the payment of salaries, general expenses in connection with the scheme and remuneration to wharf owners And

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this establishment.

I have the honour to be,

My Lord, Your Lordship's Most Ordient

Humble Servant,

2. Shining Fleming

P.S. I have addressed

on the above

Your Lordship

in a

Confidential Mr

subject despatch of this date.

م جمع

Enclosure 2.

523

Acting Chief Manager,Hongkong & Shanghai Bank to Acting Col: Secretary

Copy.

Hongkong & Shanghai Banking Corporation

Hongkong, 18th. April, 1890.

To the Honourable W. M. Deane,

Acting Colonial Secretary,

&C.

&c.

Sir,

Having been notified that it is the intentio

of the Government to withdraw a considerable amount of the

Praya Reclamation money now deposited in this Bank, I would

ask you kindly to bring the following facts before His

Excellency the Administrator.

9924

The total cost of the Reclamation works is esti-

mated at about $21,500,000, of which 25 per cent has been

called up- $537,500; but of this. $136,500 is still in the

hands of the Supreme Court belonging to Estates &c. leaving

only

$401,000

at the present time in the hands of the Bank. Of

this sum

$140,000

(or 25 per cent preliminary deposit) is now being

used for sections two and seven, which being the

case, will leave only a balance of

$261,000

This $261,000, I may mention will be still further

reduced by the payment of salaries, general expenses in

connection with the scheme and remuneration to wharf owners

And

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