THE HONGKONG GOVERNMENT GAZETTE, 7TH DECEMBER, 1895. 1241
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 Piece 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 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.
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 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 Lot.
Registry Number
and
Description of Lot Purchased.
Annual Rental.
Amount of Pre- mium at which
Purchased.
Signature of Purchaser.
Wongneichong Inland Lot No. 128.
$4.
Witness to Signature of Purchaser.
Director of Public Works.
Witness to Signature of Director of Public Works.
GOVERNMENT NOTIFICATION.-No. 520.
The following Returns of the Average amount of BANK NOTES in Circulation and of Specie in Reserve in Hongkong, during the Month ended 30th November, 1895, as certified by the Managers of the respective Banks, are published.
By Command,
Colonial Secretary's Office, Hongkong, 7th December, 1895.
J. H. STEWART LOCKHART, Colonial Secretary.
BANKS.
AVERAGE AMOUNT.
SPECIE IN RESERVE.
$5
$
Chartered Bank of India, Australia and China,
1,757,062
1,000,000
Hongkong and Shanghai Banking Corporation,..
National Bank of China, Limited,.......
4,684,170
2,500,000
406,987
212,000
TOTAL,...
6,848,219
3,712,000
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