CO129-454 - Acting Governor Claud Severn - 1919 [4-6] — Page 548

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stating that the area is at the disposal of

the Lessee.

(c). Areas surrendered in exchange to be grated

areas equal in extent free of cost.

(d). Crown Rent at the rate of $150.00 per nore

to be paid for additional area granted. Crom Rent for areas granted in exchange to be

equal in amount to that paid for area 30 87-

-changed, subject to re-adjustment so as to make the sum a round one, where possible.

(a). Payment varying from 2 to a cents per cubic

foot according to relative value to be granted

for any structures on an existing area which

may have to be pulled down to comply with

requiraments. Such payment to be permitted to

form a portion of the consideration to be paid

for any additional area granted.

(f). A sum of not less than $35.00 per foot lineal

of frontage to be spent on buildings within

24 months of the date mentioned in (b).

(g). The Lessees to be granted new Leases for the

readjusted or extended lots as under:-

(i). Lots re-adjustod at the

request of Government

for the purpose of

pushing forward with new

scheme.

(ii).Lots granted an extended

area where the applica-

-tion is primarily, for

such extension, from the

owner, though the area

Free of cost.

At a cost of

$50.00 payable

to the Land

Officer on

may also be re-adjusted.) demand.

The new leases to be for the same term as the

existing