THE HONGKONG GOVERNMENT GAZETTE, 8TH DECEMBER, 1905.
1795
9. 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 mauner 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.
10. Possession of the Lot sold shall be given to the Purchaser, and deemed to have been taken by him, on the day of sale.
11. 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 all powers and remedies shall be enforceable against him to the same extent as if such assignee were the original Purchaser.
12. No verandah shall be constructed so as to project over Crown Land.
13. No house shall be more than two stories in height.
14. The Crown Lease of the Lot to contain a proviso that the Purchaser or his assignee shall have no claim to any access to the Sea nor any compensation, in the event of any reclamation being made on the seaward side of the Lot, and a clause reserving to the Government the power to reclaim the foreshore whenever it thinks fit without consulting the Purchaser or his assignee.
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.
Number of Sale.
Registry Number.
Amount of Annual Rental. Premium at which
Purchased.
Ping Chau Inland Lot
12.
No. 249.
Witness to Signature of Purchaser,
Witness to Signature of Director of Public Works.
Signature of Purchaser.
Director of Public Works.
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