278
end bus geljus edd nevos of Ilo, yeq of evad IIIw ik gatau ed Join so 11 tad oa di no mutzeng & ss Jug IIIw ditemizevOU at noitseimos aids L .o*wdibingxe evitsuborgu sa no befool yaulimā noort setq e to molatvong end Jard duo fatog of (low at yavila od mlw hoitoemtoo ni al gnixwx sit doldw of bas bus l VTTel ent to ends a guintalo ni Bános ignetta aðaði[lost IIIw .ol?and yawihad of ylelos aub dienað
(b) bus ba fyndaila⠀ qu eduo noqo beesge won anɔanglis efT yaible eff of benda a 'insocom to Jour de gatoh to two sid 1.00 wit moiuivot (19 of beilqqa ed sofqtoning quenibo lt buk
eed biton good twobow bus tud add add redeem od dia ase vivigila a si girge olucw grible ale to eecoŋka ent
akaraA
Tensta adit od gede. ld bee bedquba enew 1.0/ odel 11 aeongeb .wolley ai moda # obter ad hodiniere a'quodm00 mwobow
ed of bach gunstlad no buf- off to
BOD $41
srid dad batc adol Jnepotba ed to bed art of eulev ni Laupe e.id not nenupos volt (aup .Jeet e'woup. 000,R2 de ek en bir akib
000,002 BăX.........dirin od blog band 40 1900 aft
.000,a
..............[Isk smiï et de paittuo ni dnowidzed
000.00 00,004
Ta denart, bet gniew booll anfoxer be golyed
Ilg.di
junewd duode patricio ad blwow orend wibin sidð revo
anoj buguro è ovit faltoane al ti oldiw sniglent Bacio dyti to
alimaw oria o* vueo of dality and oa dokaw no antoio der erit 凛
ed blow onurit sahdek .000,004 zu lle et blow,engle doidoed 、ovore benojong aset Eat nobis adotoud › geru end mort annived orth od beosIn ad jox biyolla gafd 3900 antas eviouat bloow af: no aud vymibia este to t:bamo add
erit Jeem Jon bludo qilaymDJ (wobo) bus tour. odd eapo mi
040,0$ aniyed at yelwolił on ovat hiuoris veda svode se 3000 to Juos neg & Ja duenasni al dol†w
quibia etj to tuvo end jars wite it eriod od hluoría Ji
BA
as regards land is a book transaction as far as the Colony is concerned and if the Wharf and Godown Company pay the rent the
Salisbury Road becomes a directly position is bettered in that
renumerative asset.
(e)
As regards the disposal of the lots supposing we are
The Honourable The Director of committed to their resumption. Public Works has gone into the matter and has pointed out that a return of seven and half per cent on the outlay may be expected on leasing when the lots begin to let I need only point out that if Scheme No.1 is to be adopted the lots to the west of Nathan
As regards leasing Road will suffer from the same disabilities.
龔
out for the first ten years during which they will not be required for Railway purposes as they would if they had to lie until till such a time as an offffer came forward under the proposal for Schemes 3 and 4. However that they can lie unlet long is not easy to reconcile with the price that the owners claim for them, so that we can reasonably hope that the time will not
be long.
The actual Revenue to be derived is about $55,000 and this is indeed a profitable investment which should not be lightly put aside for. Suppose that we occupied the land by putting a Railway Station on it, it would have to be shown that the petition of site would be responsible for a return of twice that amount for $55,000 would represent the loss on working expenses and however sanguine a view may be taken of the profit earning capacity of the line $110,000 is a very big addition to gross receipts to ask for. In this connection It is well to point out as a caution to over capitalizing that when the transfer to Taim Tea Tsui was advocated it was proposed to make use of the saving of Dollars two hundred and seventy thousand which re- presented the difference of the permanent and temporary station
That such a buildings towards the acquisition of the lots. reappropriation cannot be considered as a saving is evident,
because
No comments yet.
Private notes are available after approval.