THE HONGKONG GOVERNMENT GAZETTE, 13тя MAY, 1893.
when made or varied, and published in the Gazette, shall have the same force and effect as if they were specially enacted herein.
10. The said Hongkong and Kowloon Wharf and Godown Company, Limited, their administrators or assigns shall, from time to time, cause to be painted on boards, or to be printed and attached in large and legible characters in English and Chinese, a statement of the rules and regulations in force, and shall cause such boards containing such statement and list to be fixed on some conspicuous part of their premises.
11. If at any time before the completion of the works, the said Hongkong and Kowloon Wharf and Godown Com- pany, Limited, their administrators or assigns shall fail to proceed therewith for a period of six months, or after the completion thereof, shall disuse the same or any part thereof for six months, without affording to the Governor in Council some satisfactory reason for the discontinuance or disuse of the said works (as the case may be), it shall be lawful for the Governor in Council to abate and remove the same, and restore the site thereof to its former condition at the costs of the said Hongkong and Kowloon Wharf and Godown Company, Limited, their administrators or assigns, and the amount of such costs shall be a debt due to the Government, and recoverable against the said Hongkong and Kowloon Wharf and Godown Company, Limited, their administrators or assigns accordingly.
12. Subject to the approval of the Governor in Council being first obtained (but not otherwise), the said Hongkong and Kowloon Wharf and Godown Company, Limited, their administrators or assigns may, at any time and from time to time, sell, assign, or absolutely dispose of the said Tramways or any part or parts thereof to such person or persons, Cor- poration or Company, by public auction, or private contract, or partly by public auction and partly by private contract, and with, under and subject to such terms and conditions in all respects as the said Hongkong and Kowloon Wharf and Godown Company, Limited, their administrators or assigns shall think fit, with power at any such sale to fix a reserve price for, or buy in the same, and when any such sale, assign- ment, or absolute disposal has been made, all the rights, powers, authorities, obligations and liabilities of the said Hongkong and Kowloon Wharf and Godown Company, Limited, their administrators or assigns in respect to the said Tramways or part or parts thereof sold, assigned, or abso- lutely disposed of, shall be transferred to, vested in, and may be exercised by, and shall attach to the person or persons, Corporation or Company to whom the same has been sold, assigned, or absolutely disposed of, in like manner as if the said Tramways or part or parts thereof sold, assigned, or absolutely disposed of was or were constructed by such person or persons, Corporation or Company under the powers conferred upon him or them by this Ordinance, and in refer- ence to the same he or they shall be deemed to be the said Hongkong and Kowloon Wharf and Godown Company, Limited, their administrators or assigns.
13. Subject to the approval of the Governor in Council being first obtained (but not otherwise) the said Hongkong and Kowloon Wharf and Godown Company, Limited, their administrators or assigns may, at any time and from time to time, demise the said Tramways together with the rights, powers and privileges conferred by this Ordinance or any part or parts thereof, to such person or persons, Corporation or Company, for such term or terms of years, or from year to year, or for any less period, and for such rent or rents, and upon such terms and conditions in all respects, as the said Hongkong and Kowloon Wharf and Godown Company, Limited, their administrators or assigns shall think fit to adopt, to take effect either in possession or reversion, and either with or without a premium or premiums, as a consi- deration or considerations for such demise or demises.
14. It shall be lawful for the said Hongkong and Kow- loon Wharf and Godown Company, Limited, their adminis- trators or assigns, from time to time and at any time, to borrow money on mortgage of all or any part of the said Tramways together with the rights, powers and privileges conferred by this Ordinance, and for that purpose to assign or demise, by way of mortgage, all or any portion of the said Tramways, to any person or persons, Corporation or Com- pany, and to enter into all such covenants, provisoes,
Rules and regulations
to be painted and exhibited.
Power to Governor in Council to abate and remove works in certain events.
Power to
Bell,
Power to demise,
Power to Mortgage.
365
No comments yet.
Private notes are available after approval.