649273-1892-Land-Sale — Page 1

THE HONGKONG GOVERNMENT GAZETTE, 20TH FEBRUARY, 1892. 147

GOVERNMENT NOTIFICATION.--No. 89.

The following Particulars and Conditions of Sale of Crown Land together with erections and Buildings thereon by Public Auction, to be held on the spot, on Monday, the 7th day of March, 1892, at 4 P.M., are published.

By Command,

Colonial Secretary's Office, Hongkong, 20th February, 1892.

W. M. GOODMAN, Acting Colonial Secretary.

Particulars and Conditions of the letting by Public Auction Sale, to be held on Monday, the 7th day of March, 1892, at 4 P.M., by Order of His Excellency the Governor, of Five Lots of Crown Land together with erections and Buildings thereon, in the Colony of Hongkong, for a term of 999 Years.

CULARS

PARTICULARS OF THE LOTS.

No.

of

Registry No.

Sale.

*Inland Lots

14 LO

No. 1,129.

New Street,

1,130.

Do.,

1,131.

Do.,

19

""

1,132.

Do.,

1,133.

Do.,

"

Boundary Measurements.

LOCALITY.

Contents

in

Annual Upset

Rent.

N.

S.

E.

W.

Square ft.

Price.

feet. feet. feet. feet.

$

21' 1" 16′10′′ 37′ 0′′ 31′10′′ | 20′ 3′′ 15′11′′ 42′ 8′′ 37′ 0′′ 20'11" 16' 1" 45′ 8′′ 42′ 8′′. 20′ 4′′ 16′ 1′′ 46′ 6′′ 45′ 8′′. 21′ 5′′ 16′10′′ 47′10′′ 46′ 6′′

646

714

815

841

886

aadaa

20

3,620

20

3,600

24

4,130

26

4,440

26

5,180

CONDITIONS OF SALE.

i

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 $10.

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 pay to the Land Officer, on behalf of Her Majesty the QUEEN, a Fee of $15 upon the execution of the Crown Lease thereof.

5. The houses erected on Lots 1,129 and 1,133 are furnished with Balconies on West and East fronts respectively over Crown Land. The Purchaser of such Lots shall sign the usual guarantee in respect thereof immediately after he has signed the said Memorandum of Agreement, and the Purchasers shall be entitled to the use thereof under the conditions of the said guarantee when the conditions herein contained have been complied with.

6. When the conditions herein before contained have been complied with, 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 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 contained; and such Crown Lease shall be subject to and contain all Exceptions, Reservations, Covenants, Clauses, and Conditions inserted in the (rown Leases of Inland Lots in the Colony of Hongkong.

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 every year.

8. 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.

9. Possession of each Lot sold shall be given to the Purchaser, and deemed to have been taken by him, on the day of sale.

10. The Purchaser of each Lot will have the option of commuting one half of the purchase money at five per cent. interest, and paying such commuted premium as additional annual rental.