454
THE HONGKONG GOVERNMENT GAZETTE, 22ND MAY, 1886.
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 respectively, 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 Lot.
Registry Number
and
Description of Lot Purchased.
Amount of Annual Rental. Premium at which
Purchased.
Signature of Purchaser.
1
Rural Building Lot No. 43.
$50
GOVERNMENT NOTIFICATION. --No. 187.
The following Particulars and Conditions of Sale of Crown Land by Public Auction, to be held on the spot, on Monday, the 21st day of June, 1886, at 4 P.M., are published for general information,
By Command,
Colonial Secretary's Office, Hongkong, 22nd May, 1886.
FREDERICK STEWART,
Acting Colonial Secretary.
Particulars and Conditions of the letting by Public Auction Sale, to be held on Monday, the 21st day of June, 1886, at 4 P.M., by Order of His Excellency the Officer Administering the Govern- ment, of Two Lots of Crown Land, in the Colony of Hongkong, for a term of 999 Years.
PARTICULARS OF THE LOTS.
No.
Boundary Measurements.
of
Registry No.
LOCALITY,
Contents in
Sale.
N.
S.
E.
W.
Square ft.
Annual Rent.
Upset
Price.'
feet. feet. feet. feet.
Inland Lot No. 946.
$
947.
Richmond Road, Do.,
200 200 150 150 30,000 132 200
200 200 200 40,000 176
CONDITIONS OF SALE.
1,800
2,400
1. The highest bidder above the upset price shall be the Purchaser, and if any dispute arise between two or more bidders, the Lot în 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 also pay to the Registrar of the Supreme Court, on behalf of Her Majesty the QUEEN, the sum of $10 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 Registrar of the Supreme Court, 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 twelve 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, and shall expend thereon a sum of not less than $3,500 (Three thousand Five hundred dollars).
7. When the conditions herein contained shall 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 the Lot hereinbefore 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.
1
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