252
THE HONGKONG GOVERNMENT GAZETTE, 17TH APRIL, 1897.
7. The Purchaser of each 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 999 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 each Lot shall be entitled to, and shall execute, on demand, a Lease from the Crown of the Picce of Ground comprised in such Lot for 999 Years, to be computed from the day of sale, at 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 herein before con- tained; and such Crown Lease shall be subject to, and contain, all Exceptions, Reservations, Covenants, Clauses, and Conditions inserted in the Crown Leases of Inland 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 each Lot sold shall be given to the Purchaser, 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
of Sale
Registry Number and
Lot. Description of Lot Purchased.
Amount of Annual Rental. Premium at which
Purchased.
Signature of Purchaser.
10
11
12
18
16
18
19
20
21
24
27
— 02:00 HID CO 2∞∞ BOULDER caadaas
1
Inland Lot No. 1420
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50
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1422
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1423
50
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1424
50
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19
1425
50
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23
55
1426
50
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27
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1427
50
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1428
50
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1429
50
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1480
60
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1431
50
93
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13
1432
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1434
50
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35
1435
50
27
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17
1436
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1437
50
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1438
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1439
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1440
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57
1441
50
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1442
50
19
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1448
50
27
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1444
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45
1445
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35
1446
13
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50
50
50
Witness to Signature of Purchaser.
Win ́ss to Signature of Director of Public Works.
Director of Public Works.
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Private notes are available after approval.