808
THE HONGKONG GOVERNMENT GAZETTE, 28TH AUGUST, 1886.
CONDITIONS OF SALE.
1. The highest bidder above the upset price shall be the Purchaser, and if any dispute aris 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 sha! within Three Days of the day of sale, pay into the Colonial Treasury the full amount of Premiumą 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 th QUEEN, the sum of $10 within three days of the day of Sale, for and in consideration of the Boundar Stones, properly cut, fixed, and marked with the Registry Number, which shall be placed by Surveyor General, for the Purchaser, at each angle of the Lot.
5. The Purchaser of each Lot shall also pay to the Land Officer, on behalf of Her Majesty Thị 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 twelve calendar months from the day of sale, in a good, substantial and workmanlike manner, one goo and permanent messuage, or tenement upon some part of his Lot, and shall expend thereon a sum o not less than $5,000 (Five thousand Dollars). The Purchaser of each Lot shall also construct all th necessary covered drains to carry off the waste and refuse water from the main building or ma buildings, cook-house, and out-offices, and conduct the said waste and refuse water into o one or mo air and water-tight cess-pits, or tanks, to be constructed on some portion of the Lot in a good, substan tial, and workmanlike manner to the entire satisfaction of the Surveyor General; no sewage or refus water will be allowed to flow on, to, or through any of the adjoining lands, whether belonging to th Crown or to private persons, or into the Pokfulam drainage area, nor shall the contents of such cess-pit be emptied on Crown Land or any Government road or drain, neither shall any decaying, noisom noxious, excrementitious, or other refuse matter be deposited on any portion of the Lots. The Crow Lessees shall see that all refuse matters are removed daily from off the premises.
7. The Purchaser of each Lot shall pay into the Treasury a proportionate part of the annua rental specified in the particulars hereinbefore contained on the 25th day of December next, and there after shall pay such annual rental by equal half yearly payments on the 24th day of June and th 25th day of December in every Year.
8. When the conditions herein contained have been complied with to the satisfaction of th Surveyor General the Purchaser of cach Lot shall be entitled to, and shall execute on demand, Lease from the Crown of the Piece of Ground comprised in such Lot for 75 Years, to be compute from the day of Sale, at such Annual Rental, payable half-yearly on the 24th day of June, and th 25th day of December in every Year, as is specified in the Particulars of such Lot hereinbefo contained; and such Crown Lease shall be subject to, and contain, all Exceptions, Reservatio Covenants, Clauses, and Conditions inserted in the Crown Leases of Rural Building Lots in 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 ful liberty either to enforce the Sale, or to re-sell the Property at such time and place, and in such inanne as to Her Majesty shall seem fit, and in case of a re-sale the increase, if any, of the Premium o 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 the Lots sold shall be given to the Purchasers, and deemed to have been takei by them, on the day of sale.
MEMORANDUM OF AGREEMENT.
Memorandum that the persons whose names are hereunder written have. been declared the highes bidders for the Lots described in the foregoing Particulars of Sale and hereunder specified opposit to their said names and signatures respectively, and do hereby agree with Her Majesty The QUEE to become the Lessees thereof under and subject to the foregoing Conditions of Sale, and on thei parts to perform and abide by the said Conditions.
Number
Registry Number
and Description of Lot Purchased.
Amount of
Annual Rental. Premium at which
Purchased.
Signatures of Purchasers.
of Sale
Lot.
1
Rural Building Lot No. 45
$40
46
>>
"2
$34
No comments yet.
Private notes are available after approval.