CO129-453 - Acting Governor Claud Severn - 1919 [1-3] — Page 142

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(n). The exact boundaries of the lot to be determined before

the issue of the Crown Lease. In the event of any

excess or deficiency in area being found to exist as

compared with the area stated in these conditions, the

amount to be paid by or to be refunded to the lessees

in respect of such excess or deficiency will be

calculated at the rate of 15 cents per square foot.

Crown rent will be adjusted at the rate of $350.00 per

acre per annum.

EXTENSION TO KOWLOON MARINE LOT 27 AND HUNGHOM INLAND

LOT 218.

(a). The lessees to surrender the existing Crown Leases of

K.M.L. 27 and H.H.I.L. 218 when required by the Land

Officer.

(b). The lessees to be granted a new Crown Lease to include

K.M.L. 27 and H.H.I.L. 218 and the area coloured red

on plan, which contains about 325, 430 square feet.

(o). Term of lease 999 years, commencing from 16th, November,

1884 (date of leases of K,M,L, 27 and H.H,I.L. 218).

(d). The lessees to pay into the Colonial Treasury within

14 days from the date of ¿ letter from the Director

of Public Works stating that the area is at their

disposal premium at the rate of 15 cents per square

foot for the area coloured red,

(*). In determining the Crown rent payable under the new

lease, Crown rent for the area coloured red to be

calculated at the rate of $350.00 per acre per annum.

The Crown rent for the entire area to be adjusted to

the nearest even dollar and to commence from the date

mentioned in (4).

(f). A sum of not less than $40,000 to be spent on buildings

on the lot within 3 years of the date of the letter

mentioned in (d).

(g).