CO129-257 - Public Offices & Others - 1892 — Page 402

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

;

399

9

Bevinder?

unlimited time is for all practical purposes as valuable as the freehold. This would be recognised in the case of any very long lease.

6. Moreover in all this discussion it must be clearly borne in mind that the recorded value of military lands remains in the possession of the Colony until its expenditure on the defences of the Colony becomes necessary.

When that necessity arises, the value of the ceded property can only be expended on land or buildings essential to its defence within the Colony. In the meantime the Colony has the use of the property or of the unexpended funds resulting from its sale, but it has no claim to make what would really be an addition to its general funds by permanently diverting to ordinary uses any portion of what the memorandum refers to above.

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; 399 9 Bevinder? unlimited time is for all practical purposes as valuable as the freehold. This would be recognised in the case of any very long lease. 6. Moreover in all this discussion it must be clearly borne in mind that the recorded value of military lands remains in the possession of the Colony until its expenditure on the defences of the Colony becomes necessary. When that necessity arises, the value of the ceded property can only be expended on land or buildings essential to its defence within the Colony. In the meantime the Colony has the use of the property or of the unexpended funds resulting from its sale, but it has no claim to make what would really be an addition to its general funds by permanently diverting to ordinary uses any portion of what the memorandum refers to above.
Baseline (Original)
; 399 9 Bevinder? unlimited time is for all practical purposes as valuable as the freehold. This would be recognised in the case of any very long lease. 6. Moreover in all this discussion it must be clearly borne in mind that the recorded value of military lands remains in the possession of the Colony until its expenditure on the defences of the Colony becomes necessary. when that necessity arises, the value of the ceded property. Can only be expended and on land or its defence · has the use of within the Colony, buildings essential to In the meantime the Colony the property or of the unexpended funds resulting from its sale, but it has no claim to make what would really be an addition to its addition to its general funds, by permanently diverting to ordinary uses any portion of what the memorandum above
2026-05-26 20:24:29 · Baseline
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;

399

9

Bevinder?

unlimited time is for all practical purposes as valuable as the freehold. This would be recognised in the case of any very long lease.

6. Moreover in all this discussion it must be clearly borne in mind that the recorded value of military lands remains in the possession of the Colony until its expenditure on the defences of the Colony becomes necessary.

when that necessity

arises, the value of the ceded property.

Can

only

be expended

and on land or

its defence ·

has the use of

within the

Colony,

buildings essential to In the meantime the Colony

the

property

or of the

unexpended funds resulting from its sale,

but it has no claim to make what would really be an addition to its

addition to its general funds,

by permanently diverting to ordinary uses

any portion of what the memorandum

above

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