C. O.
9155
206
Enclosure 3.
RECE (Red 27 MAY 96)
oil in
BongKong being sarily high.
unneces
For the reasons I have stated I consider that compe. tition should be encouraged instead of being discouraged as Mess? Samuels and Company
seem to desire.
If Your Lordship decides to grant the application of Mess." Meyer +C: I request th I may be informed of your decision by telegraph.
that
I have the honour to be,
My Lord Marquess,
Your Lordship's most obedient Bundle dewant,
Within Robinigy
Director of Public Works to Messrs. Meyer and Company.
No. 75.
Gentlemen,
Public Works Department,
Hong Kong 26th. February 1895,
In reply to your letter of the 13th, instant
and previous correspondence respecting the construction of
a depot for the storage of Petroleum in bulk at North
Point I am directed by His Excellency the Governor to in-
Kat
form you subject to the approval of the Secretary of
*
State and in the event of the Military Authorities raising
no objections to the sale or the sites referred to or to the
construction of such a depôt and other works in connection
therewith, His Excellency as is at present advised sees no
objection to permitting the storage of petroleum in
bulk in that locality subject to such rules and regulations
may be from time to time meae in respect thereo1
nor to putting up to sale at public auction the sites re
ferrea to subject to the following conditions.
as mú
(a) Term of lease 999 years.
(b) Premium 15 cents per sq.ft.
(c) Annual Crown Rent $350 per acre.
(d) That a sum of $100,000 be expended within a
period of two years from the date of sale on
permanent improvements and the erection of
buildings.
(e) Usual covenants.
I
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