6263-1907-Description-and-terms-of-Proposed-Lease-of-Crown-Land-at-Lai-Chi-Kok-comprising-portions-of-the-Foreshore-and-Sea-Bed — Page 2

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THE HONGKONG GOVERNMENT GAZETTE, MARCH 8, 1907.

9. When the Conditions herein contained have been complied with to the satisfactio of the Director of Public Works, the Purchaser of the Lot shall be entitled to, and shahı execute, on demand, a Lease from the Crown of the land comprised in the Lot for 75 years, to be computed from the day of sale, as such Annual Rental payable half-yearly on the 24th day of June and the 25th day of December in every year as is specified in the Particulars of such Lot hereinbefore contained; and the Crown Lease shall be subject to, and contain, all Exceptions, Reservations, Covenants, Clauses and Conditions usually inserted in the Crown Leases of Marine Lots in the New Territory of Hongkong; the Lease shall also specify the purposes for which the land is leased (ie., whether for the purpose of re- clamation, 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, assigns, or successors (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 purposes 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, foreshore, and sea bed included in and demised by such Lease or on any portion thereof in the name of the whole, and thereupon the same shall be forfeited to and vest in the Crown; the Lease shall also contain in particular a reservation to the Crown of all mines and minerals under the demised lands. The Lease shall also contain a proviso that the lessee is to have the option of renewing the Lease for the rest of the term of Lease from China or for another term of 75 years if competent to the Colonial Government so to make it at a Crown Rent to be fixed by the Surveyor of His Majesty the KING.

10. Should the Purchaser of the Lot neglect, or fail to comply with these Conditions, his Premium, or any portion thereof which may be paid, shall be thereupon forfeite 1 to lis 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 mule gool 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 hal 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, an l 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 all powers and remedies shall be enforceable against him to the same extent as if such assignee were the original Purchaser.

SPECIAL CONDITIONS.

1. The Purchaser of the Lot to form that portion of the lot lying above High Water Mark (including a strip of 25 feet in width along the Eastern boundary for a Public Road) to such levels as may be approved by the Director of Public Works within 2 years of the

date of sale.

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2. The Purchaser of the Lot to fill in and reclaim that portion of the Lot lying below High Water Mark (including a strip of 25 feet in width along the Eastern boundary for a Public Road) within 2 years of the date of a notice signed by the Director of Public Works requiring him to do so. The reclamation to be made to such levels as the Director of Public Works may approve and to be protected by substantial sea-walls or otherwise as that Officer may require.

3. The Purchaser of the Lot to form a Public Road 75 feet wide along the Northern boundary of the Lot to a level of 15 feet above Ordnance Datum and to the satisfaction of the Director of Public Works.

4. The boundaries of the Lot to be determined by the Director of Public Works and in the case of the Northern and Southern boundaries to be subject to such modification as he may require for the purpose of alignment with the corresponding boundaries of the adjacent lots.