THE HONGKONG GOVERNMENT GAZETTE, 4ru MARCH, 1899.
355
4. The Purchaser of the Lot shall also pay to the Land Officer, on behalf of Her Majesty the QUEEN, the sum of $15 within three days of the day of sale, for and in consideration of the Boundary Stones, properly cut, fixed, and marked with the Registry Number, which shall be placed by the Director of Public Works, for the Purchaser, at each angle of the Lot.
5. The Purchaser of the Lot shall pay to the Land Officer, on behalf of Her Majesty the QUEEN, a Fee of $15 upon the execution of the Crown Lease thereof.
6. The Purchaser of the Lot shall forthwith lay out the whole of the Lot as a Garden and for that purpose, at his own expense in all things, build in a substantial and workmanlike manner, all boundary walls, and all retaining walls, necessary for effectively supporting the same; and the whole of the work to be done to the satisfaction of the Director of Public Works according to plans which shall first be submitted to and approved by him, and the Purchaser shall expend on the Lot a sum of not less than $500 (Five hundred Dollars) within twelve months from the day of sale. No building of any description other than retaining and boundary walls shall be executed upon the Lot, except such as may be required for the proper maintenance and care and enjoyment of the same as Gardens. 7. The Purchaser of the Lot shall pay into the Treasury a proportionate part of the annual rental specified in the particulars hereinbefore contained on the 24th day of June next, and thereafter shall pay such annual rental by equal half-yearly payments on the 25th day of December and the 24th day of June in each and every year during the term of 21 years hereinbefore mentioned.
8. When the conditions herein contained have been complied with to the satisfaction of the Director of Public Works, the Purchaser of the Lot shall be entitled to, and shall execute, on demand, a Lease from the Crown of the Pieces of Ground comprised in such Lot for 21 Years, to be computed from the day of sale, at such Annual Rental, payable half-yearly on the 25th day of December and the 24th day of June in every Year, as is specified in the Particulars of such Lot hereinbefore contained; and such Crown Lease shall be subject to, and contain, all Exceptions, Reservations, Covenants, Clauses, and Conditions usually inserted in the Crown Leases of Garden Lots in the Colony of Hongkong. 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 Her 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 Her 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 Her 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 Her 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 Her 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 l'urchaser, and deemed to have been taken by him, on the day of sale.
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 fore- going Conditions of Sale, and on his part to perform and abide by the said Conditions.
Number
Registry Nun.ber
of Sale Lot.
and
Description of Lot Purchased.
Amount of Annual Rental. Premium at which
Purchased.
Garden Lot No. 3.
$50
Witness to Signature of Purchaser.
Witness to Signature of Director of Public Works.
Signature of Purchaser.
Director of Public Works.
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