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PROPOSED TERMS OF THE GRANT OF THE EXTENSION.
1. In consideration of payment of the premium and upon completion of the reclama- tion of the above lot to the satisfaction of the Director of Public Works, it is proposed to grant a Crown Lease of the whole area coloured red on the said plan and having a total area of 1,810 square feet for a term of 75 years, commencing from the 16th August, 1940, renewable for a further term of 75 years at a re-assessed Crown Rent. The amounts of the premium and Crown Rent are subject to re-adjustment when the reclamation has been completed in accordance with the area actually occupied.
2. The Crown Lease of the area coloured red on the said plan will be subject to and contain all Exceptions, Reservations, 'ovenants, Clauses, and Conditions usually inserted in the Crown Lease of Aberdeen Inland Lot No. 119 in the Colony of Hong Kong; the Lease will also specify the purpose for which the land is leased (i.e., whether for the pur- pose of reclamation, building dwelling houses, factories, or godowns for the storing of coal or other goods, or whether for any other purpose) and shall contain a proviso that in the event of the lessee, his executors, administrators, and assigns, or successors and assigus (as the case may be) failing, at any time during the continuance of the term of the said Lease to use the demised land for the purpose so specified as aforesaid, without the previous licence or consent of His Majesty, His Heirs, Successors or Assigns, signified in writing by the Governor, then it shall be lawful for His Majesty, His Heirs, Successors or Assigns, by the Governor or by any officer authorized by him in writing, to re-enter on the land, foreshores and sea beds included in and demised by such Lease or any portion thereof in the name of the whole, and thereupon the same shall be forfeited to and vest in the Crown; the Lease will also contain in particular a reservation to the Crown of all mines and minerals under the demised land. The Lease will also contain a proviso that the Lessee is to have the option of renewing the Lease for a further term of 75 years at a re-assessed Crown Rent to be fixed by the Surveyor of His Majesty the King.
3. The Lessee of the lot will also have to pay the sum of $8 for each boundary stone required to define the lot, and the prescribed fee for the Crown Lease.
25th October, 1910.
H. J. PEARCE, Director of Public Works.
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PUBLIC WORKS DEPARTMENT.
No. S. 513.-Notice is hereby given under Section 3 of The Foreshores and Sea Bed Ordinance, 1901, that all persons having any objections to the granting of the lease as above d scribed must send in particulars of their objections in writing to the Colonial Secretary before the expiration of a period of three months from the 25th October, 1940, and all such objections will be considered by the Governor in Council.
And notice is also given that if after the expiration of such period of three months the Governor in Council shall declare it to be expedient to grant a lease of the said lot, the said proposed sale will be proceeded with, a d that the Crown Lease of the lot shali be deemed to demise to the lessee the Foreshores or Sea Beds included in such lease free and discharged from all rights, privileg s, profits-a-prendre, and easements, whether public or private, which may have existed or may be claimed in or over such foreshore and sea bed, so far as is necessary for carrying out the purpose for which the land is leased.
II. J. PEARCE, Director of Public Works.
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25th October, 1940.
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