356
THE HONGKONG GOVERNMENT GAZETTE, 1TH APRIL, 1882.
Particulars and Conditions of the letting by Public Auction Sale, to be held on Thursday, the 13th day of April, 1882, at 4 P.M., by Order of His Excellency the Administrator, of Two Lots of Crown Land, in the City of Victoria, for a term of 999 years.
No.
of Sale.
Registry No.
PARTICULARS OF THE LOT.
LOCALITY.
Boundary Measurements.
Contents Annual Upset
Rent. Price.
Inlaud Lot No. 802
Saiyingp'ún,
803
Do.,
in
N.
S.
E.
w. Square ft.
feet.
feet. feet.
feet.
200
200 250
435
58,700 129.86 2,300
S. and E.
235
300
250 35,000 77.12 1,400
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 shall within Three Days of the day of sale pay into the Colonial Treasury a deposit of one half of the amount of Premium at which the Lot shall have been knocked down and within one calendar month from the day of sale at the aforesaid Treasury pay the remaining half of the said Premium.
4. The Purchaser of each Lot shall be entitled to and shall execute on demand a Lease from the Crown of the Piece or Parcel 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 hereinbefore contained; and such Crown Lease shall be subject to and contain all Exceptions, Reservations, Convenants Clauses, and Conditions inserted in the Crown Leases of Inland Lots in the Colony of Hongkong.
5. The Purchaser of each Lot shall pay to the Surveyor General 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 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 expend thereon a sum of not less than $1,000 (one thousand dollars).
7. The Purchaser of each Lot shall also pay to the Surveyor General, on behalf of Her Majesty The QUEEN, the sum of $10 upon the execution of the Crown Lease thereof, 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.
8. Should the Purchaser neglect or fail to comply with these Conditions, his Premium or any por- tion 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 the Lot sold shall be given to the Purchaser, and deemed to have been taken by him on the day of sale.
SPECIAL CONDITION.
1. The Purchaser of each Lot will have to arrange with any squatters holding the ground for the resumption of the portion situated within the boundaries of the Lot, and pay to them all legal claims, compensation for disturbance and for any loss that they may sustain by the resumption of such portion. The compensation for disturbance to be approved by His Excellency the Administrator.
MEMORANDUM OF AGREEMENT BY THE PURCHASER.
Memorandum that the person whose name is hereunder written has been delared the highest bidder for the Lot described in the foregoing Particulars of Sale and hereunder specified opposite to his said name and signature and does hereby agree to become the Lessce 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
Registry Number
and
Lot. Description of Lot Purchased.
Amount of Annual Rental. Premium at which
Purchased.
Signature of Purchaser.
Inland Lot No. 802
Do.
No. 803
$129.36 77.12
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