CO129-285 - Acting Governor Major Gen Black - 1898 [9-10] — Page 342

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

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not be lost sight of by the owners who will not be ~ likely to sell property which

can be dealt with in this

manner more

profitably

than by purchasing fresh

lands.

The seller must

appear before there can be

다.

purchaser. Further, the

altitude of buildings is re gulated by law and it

will be found that in the

majority of

of

1

cases the

max.

imum authorised altitude

has

has been already attained.

8.

The third main re-

sult vir the hesitation of

capitalists to invest in in- dustries carried

held on

on on

land

only a 75 years'.

lease is not borne out by the facts, for quite recently

Messrs Thewan Tomes and

Company have started a large cement industry upon

land held

on such a tenure,

they,

although it is true tha

applied for an

have since

extension

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