669694-1885-Tramways-Order-in-Council- — Page 3

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THE HONGKONG GOVERNMENT GAZETTE, 7тя MARCH, 1825.

3rd November 1883 consequently the first year of the concession has nearly expired On the 29th July last a Company was duly formed and registere! for the purpose of acquiring and taking over with the assent and approval of the Governor in Council from the four Promoters named in the Ordinance the right to construct and maintain all or any of the Tramways numbered 1 2 3 4 and 5 in the Ordinance and all the privileges thereby conterred in so far as the Company might desire to excercise the same in respect of the said Tramways numbered 1 2 3 4 and 5 (but saving and excepting unto the said four Promoters the said privileges in so far as they might desire to exercise the same in respect of the Tramway Numbered Six in the said Ordinance) without paying any valuable consi- deration therefor and upon such terms and conditions as the said four Promoters should think fit The Capital of the Company was $500.000 divided into 10,000 Shares of $50 each The Company was duly advertised and subscriptions for shares invited up to the ✅end of the month of September last The amount of subscriptions however did not come up to the Company's expectations and was not sufficient to float the Company successfully The causes of this are not far to seek. They arise no doubt from the present state of affairs between France and China and the deplorable depression of trade which is now existing In fact there could probably be no worse time than the present for floating the undertaking Under these circumstances we are requested to apply on behalf of the Company for the consent of the Governor in Council to the extension for the period of 12 Calendar Months of the time allowed by the Ordinance for the substantial commencement of the construction of all the Tramways authorised by the Ordinance We have the honour to be Sir Your obedient Servants-BRERETON WOTTON & DEACON The Honourable FREDERICK STEWART LL.D., Acting Colonial Secretary

“And whereas to the said application a reply was received in the words and figures following that is to say - 1

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***No. 1434 Colonial Secretary's Office Hongkong 13th October 1884) Gentleinen I have the honour by direction of His Excellency the Officer Administering the Government to acknowledge the receipt of your letter of the 8th instant applying on behalf of the Tramways Company for permission to extend to 12 months the time for commencing the construction of all the Tramways authorised by Ordinance 6 of 1883 In reply I am to inform you that the Governor in Council has been pleased to grant your application I have the honour to be Gentlemen Your most obedient Servant-FREDERICK STEWART Acting Colonial Secretary Messrs. BRERETON WOTTON & DEACON

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And whereas the Purchasers lately applied to the Promoters to grant to them the right to construct and maintain the Tramway Numbered Six in the said Tramways Ordinance 1883 and thereby authorised to be made and all the privileges thereby conferred in so far as the Purchasers might desire to exercise the same in respect of or regard to the said Tramway Numbered Six (but saving and excepting unto the Promoters and the Survivors and Survivor of them and their and his Assignees or Assignee the privileges by the said Tramways Ordinance 1883 conferred in so far as the Promoters or the Survivors or Survivor of them or their or his Assignees or Assignee might desire to exercise the same in respect of or regard to the Tramways numbered 1 2 3 4 and 5 in the said Ordinance) at or for the sum of Two thousand Dollars which the Promoters (subject to the assent and approval of the Governor in Council being /obtained) agreed to do AND WHEREAS on the 26th January last an application on behalf of the Promoters and of the Purchasers was made to the Governor in Council in the words and gures following that is to say--

A

T., 35 Queen's Road Hongkong 26th January 1885 Sir We have the pleasure to inform His Excellency that the Promoters of the Tramways authorised to be made by the Tramways Ordinance 1883 propose forthwith to assign to the Honourable Puisras RYW'E and Mr. ALEXANDER FINDLAY Suru of this City the Peak Tramway and the privileges to it belonging to which assignment the assent and approval of the Governor in Council is by the Tramways Ordinance Amendment Ordinance 1883 required to be obtained before the assignment can be effectuated On behalf of the Promoters we have the honour now to apply (in the terms of the accompanying draft Order in Council) for such assent and approval and beg to state that it is framed on lines in all respects similar to those on" which the former draft Order in Council relating to the Low Level Tramways was framed and which draft Order was approved of by the Governor in Conneil As will no doubt be remembered on the 8th October 1884 we applied on behalf of the proposed Tramway Company for the consent of the Governor in Council to the extension of the time for /substantially commencing the construction of all the Tramways which consent was granted That consent having been granted to the Company Messrs. RYRIE and Suren _now_request us to apply on their behalf for the formal assent of the Governor in Council to the extension for the period of 12 Calendar Months of the time allowed by the Trutoway Ordinance 1883 for the substantial commencement of the construction of the Tramway Numbered Six in the

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