680176-1882-Bill-read-a-first-time--Tramways-Ordinance- — Page 20

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THE HONGKONG GOVERNMENT GAZETTE, 16TH DECEMBER, 1882.

been paid, or affecting other lands settled there- with to the same or the like uses, trusts, or pur- poses; or,

In the purchase of other lands to be assigned, limited, and settled upon the like uses, trusts, and purposes, and in the same manner as the lands in respect of which such money shall have been paid stood settled; or,

If such money shall be paid in respect of any buildings taken under the authority of this Ordi- nance, or injured by the proximity of the works, in removing or re-placing such buildings, or sub- stituting others in their stead, in such manner as the Court shall direct; or,

In payment to any party becoming absolutely entitled

to such money.

88. Such money may be so applied as aforesaid upon an order of the said Chief Justice made on the petition of the party who would have been entitled to the rents and profits of the lands in respect of which such money shall have been deposited; and until the money can be so applied it may, upon the like order, be invested by the Registrar of the Court in or upon any securities or invest- ments in or upon which trustees are, by section 17 of Ordinance No. 7 of 1873, authorized to invest trust money, and the interest, dividends and annual proceeds thereof paid to the party who would, for the time being, have been entitled to the rents and profits of the lands.

89. If the purchase-money or compensation shall not exceed the sum of one thousand dollars, and shall exceed the sum of one hundred dollars, the same shall either be paid into the Bank, and applied in the manner hereinbefore directed with respect to sums exceeding one thousand dollars, such application to be made upon an order of a Judge in Summary Jurisdiction obtained on the petition of the party aforesaid, or the same may lawfully be paid to two trustees, to be nominated by the parties entitled to the rents or profits of the lands in respect whereof the same shall be payable, such nomination to be signified by writing under the hand of the parties so entitled; and in case of the coverture, infancy, lunacy, or other incapacity of the parties entitled to such monies, such nomination may lawfully be made by their respective husbands, guardians, committees, or trustees; but such last-men- tioned application of the monies shall not be made unless the Company approve thereof, and of the trustees named for the purpose; and the money so paid to such trustees, and the produce arising therefrom, shall be by such trustees applied in the manner hereinbefore directed with respect to money paid into the Bank, but it shall not be necessary to obtain any order of the Court for that purpose.

90. If such money shall not exceed the sum of one hundred dollars, the same shall be paid to the parties entitled to the rents and profits of the lands in respect whereof the same shall be payable, for their own use and benefit, or in case of the coverture, infancy, idiotcy, lunacy, or other incapacity of any such parties, then such money shall be paid, for their use, to the respective husbands, guardians, committees, or trustees of such persons.

91. All sums of money which may be payable by the Company in respect of the taking, using, or interfering with, any lands under a contract or agreement with any person who shall not be entitled to dispose of such lands, or of the interest therein contracted to be sold by him, absolutely for his own benefit, shall be paid into the Bank, or to trustees, or to the parties entitled to the rents and profits of the lands in respect where of the same shall be payable, in all respects in mauner aforesaid, having regard to the amount thereof respectively.

92. Upon deposit in the Bank, in manner hereinbefore provided, of the purchase-money or compensation agreed or adjudge or decreed to be paid in respect of any of the said lands mentioned in the said Schedule D., and purchased or taken by the Company under the provisions of this Ordinance, the owner of such lands including in such term all parties by this Ordinance enabled to sell or assign lands, shall, when required so to do by the Company, duly assign such lands to the Company, or as they shall direct; and in default thereof, or if he fail to adduce a good title to such lands to their satisfaction, it shall be lawful for the Company, if they think fit, to execute a deed poll under their common seal, containing a description of the lands in respect of which such default shall be made, and reciting

Order for application and invest- ment meanwhile.

Sums from $100 to $1000 to be deposited or pain to trustees.

Sums not exceeding $100 to be paid to parties.

Application of compensation

to parties not absolutely entitled.

Upon deposit

being made, the owners of the lands to assign, or in default tho lands to vest in the Company by deed poll.

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