649024-1892-Land-Sale — Page 1

THE HONGKONG GOVERNMENT GAZETTE, 23RD JANUARY, 1892.

GOVERNMENT NOTIFICATION.-No. 39.

51

The following Particulars and Conditions of Sale of Crown Land by Public Auction, to be held on Monday, the 8th day of February, 1892, at 4 P.M., are published.

By Command,

Colonial Secretary's Office, Hongkong, 23rd January, 1892.

W. M. GOODMAN, Acting Colonial Secretary.

Particulars and Conditions of the letting by Public Auction Sale, to be held on Monday, the 8th day of February, 1892, at 4 P.M., by Order of His Excellency the Governor, of Two Lots of Crown Land, in the Colony of Hongkong, for a terin of 75 Years.

PARTICULARS OF THE LOT.

No.

Boundary Measurements.

of Sale.

Registry No.

LOCALITY.

Contents in

Annual Rent.

Upset

Price.

N.

S.

E.

w. Square ft.

12

Kowloon Marine Lot No. 34.

feet.

feet. feet.

Kowloon (East Point),.

35,

Do. ( Do.

76'

84' 300' 306'

feet.

122/ 165'

10,905 150 133' 72 30,750

424

$

21,905

36,750

""

CONDITIONS OF SALE.

1. The highest bidder above the upset price shall be the Purchaser, and if any dispute arise between two or more bidders, the Lot in dispute shall be put up again at a former bidding.

2. No person shall at any bidding advance less than $25.

3. Immediately after the fall of the hammer, the Purchaser shall sign the Memorandum of Agree- ment, hereinafter contained, for completing the purchase according to these Conditions, and shall, within Three Days of the day of sale, pay into the Colonial Treasury the full amount of Premium at which the Lot shall have been purchased.

4. The Purchaser of each 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 Surveyor General, for the Purchaser, at each angle of the Lot.

5. The Purchaser of each 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 each Lot shall build and finish, fit for occupation, before the expiration of two years from the day of sale, in a good, substantial and workmanlike manner, one good and per- manent messuage, or tenement upon some part of his Lot, and shall expend thereon a sum of not less than $2,000 in rateable value.

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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 75 years herein before mentioned.

8. When the conditions herein contained have been complied with to the satisfaction of the Surveyor General, the Purchaser of each 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 24th day of June, and the 25th day of December 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 usually inserted in Crown Leases of Marine 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.

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.

SPECIAL CONDITION.

The Government reserves to itself the right to construct a Public Roadway or Praya, 50 feet in width, in front of and on the Eastern Boundaries of the above Lots, and the Purchaser shall not have any claim to compensation either for disturbance of trade or demolition of any Wharf or Pier which may have been erected.