هم
THE HONGKONG GOVERNMENT GAZETTE, MAY 11, 1906.
785
Conditions inserted in the Crown Leases of Rural Building Lots in the Colony of Hong- kong. The Lease shall also contain a proviso that the lessee is to have the option of renewing the Lease for one further term of 75 years at a Crown Rent to be fixed by the Surveyor of His Majesty the KING.
10. Should the Purchaser neglect, or fail to comply with these Conditions, his Premium, or any portion thereof which may be paid, shall be thereupon forfeited to His Majesty, who shall be at full liberty either to enforce the sale, or to re-sell the Property at such time and place, and in such manner as to His Majesty shall seem fit, and in case of a re-sale the increase, if any, of the Premium or Purchase Money shall be retained by His Majesty, and the deficiency, if any, and all costs and expenses shall be made good by the defaulter and be recoverable as liquidated damages, or at the option and pleasure of His Majesty to re-enter and resume the property as if no sale had ever taken place, in which case also the premium paid by the Purchaser shall be thereupon wholly forfeited to His Majesty. But such re-entry shall not exonerate the present Purchaser upon a subsequent re-sale of the property to make good the deficiency, if any, upon such re-sale, and all costs and expenses as ascertained to be recoverable as aforesaid.
11. Possession of the Lot sold shall be given to the Purchaser, and deemed to have been taken by him, on the day of sale.
12. In the event of the Purchaser assigning the benefit of the underwritten agreement, the assignee shall be bound by the foregoing and following conditions of sale, and ali powers and remedies shall be enforceable against him to the same extent as if such assignee were the original Purchaser.
SPECIAL CONDITIONS.
1. The nominal sum of $1 per quarter to be paid into the Treasury for permission to obtain water from the channel on Crown Land adjoining the Lot.
2. No obstruction to be formed in the channel, in order to obtain the water, in such a manner as to cause any pool whatever.
3. The permission referred to in special condition No. 1 to be subject to cancellation at any time by one month's notice in writing signed by the Director of Public Works.
Director of Public Works.
MEMORANDUM OF AGREEMENT BY THE PURCHASER.
Memorandum that
of
the person whose name is hereunder written has been declared the highest bidder for the Lot described in the foregoing Particulars of Sale and hereunder specified opposite to his said name and signature, and does hereby agree to become the Lessee thereof, under and subject to the foregoing Conditions of Sale, and on his part to perform and abide by the said Conditions.
No. of
Sale.
Registry Number,
Rural Building Lot
No. 124.
Annual Rental.
Amount of Pre- mium at which Purchased,
Signature of Purchaser.
Witness to Signature of Purchaser,
Director of Public Works.
Witness to Signature of Director of Public Works.
10th May, 1906.
W. CHATHAM, Director of Public Works.
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