CO129-520-12 Development of Kowloon Tong Estate 11-12-1929 - 16-6-1930 — Page 3

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8 105,000 of the debt owing

the Company in respect of one quarter of the premmine due on the area to be

by

developed for building

purposes.

Yesterday

it was

$300,000

clition

to dispose of a dispute between the Government and a Mr Kwik Djven Ing in connection M2

with the North Point reclamation

scheme; today it is $105,000 for The Kowloon Tong Development Company

all.

25000 odd in The H/K Goot. would apparently be well advised to avoid if possible these schemes requiring for their fulfilment a successful Combination of Governmental and private enterprise. As Sir W. Peel himself ponito out.

This particular obligative ought never to have been

плит undertaken without the sanction of the S. of S. in 1922 when the Original agreement between The Goot and the Company was executed. The first to be heard of is here was the Hansard report of the Leg: Co: proceedings already

I mentinued.

In that connection 7. Braga's

questions 7 and 8 seem