TNAG-1510-FCO40-2068-Hong-Kong-roads-and-traffic-legislation-1986 — Page 33

FCO40 Hong Kong Department Records 聯邦事務部香港部檔案 All

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of the title deed from the bank (because of a mortgage). However

on 23rd June, 1984 we suddenly received a notice from the buyer

for the cancellation of this transaction as the other party

learnt from the Government Gazette-that a footbridge would be

built in front of our shop at Percival Street. Since then, we

have not come across another buyer. This fact is 100 percent

true. As the transaction could not be finalized, nothing had

been signed officially. Nevertheless, this can be proved by

various witnesses and documents involved in this transaction,

including the document for the borrowing of the title deed

from the United Chinese Bank Ltd. and the instruction papers

given to Messrs. Ford, Kwan & Co. in respect of this matter.

(2)

It will bring a long-term damage to the business of our trade :

According to the gazetted plan, the proposed footbridge will

start at grade in the immediate vicinity of our shop and extend

upwards to a considerable height along Percival Street and

across Eressy Road, thereby forming 2 barrier-like cover

along the road. The long-term adverse effects on the future

business of our shop are apparent.

(3) During the construction period, the above-mentioned two items

will be affected even more seriously. As it will cause congestion

to vehicular access and disturbances and nuisances like noise and

environmental pollution, our business will be affected and drop.

(4) When the footbridge is complete, our existing signboard will be

blocked, thus losing its own effect as a signboard. If we try to

display this signboard again, we have to alter its position

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