4
THE HONGKONG GOVERNMENT GAZETTE, 4TH JANUARY, 1896.
6. The Purchaser of the Lot shall build and finish, fit for occupation, before the expiration of eighteen calendar months from the day of sale, in a good, substantial and workmanlike manner, one good and permanent messuage or tenement upon some part of his Lot, with stone and lime-mortar walls, and tile roofs, and in other respects in accordance with the conditions of the Building (Amendment) Ordinance, No. 25 of 1891, and shall expend thereon a sum of not less than $1,500.
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 there- after 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 75 years hereinbefore mentioned.
SPECIAL CONDITIONS.
8. The Government reserves to itself the right to the whole flow of water of the stream which runs through the Lot, and all water-rights therein, together with the right to enter and draw and take away the water, and to divert the same.
9. The Government also reserves to itself the right to remove the shrine now standing on the Lot and a right of re-entry for such purpose, if and when its existence together with the right of way thereto be objected to by the purchaser. In the meantime and until objection be made, the right to the shrine with the use thereof and a right of way thereto is reserved.
10. In the event of Chinese houses being erected on this Lot, the Government reserves the right to resume, free of cost, the land required for the construction of a lane 15 feet wide through the Lot, such lane to be parallel with the main street in front of the Lot and distant therefrom at least 45 feet. 11. 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 Piece of Ground.comprised in such Lot for 75 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 herein before contained ; 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.
12. 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.
13. Possession of the 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 foregoing 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.
1
Shaukiwan Lot No. 10.
$80.
Witness to Signature of Purchaser.
Witness to Signature of Director of Public Works.
Director of Public Works.
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