THE HONGKONG GOVERNMENT GAZETTE, 29TH APRIL, 1876.
205
Particulars and Conditions of the letting by Public Auction Sale, to be held on Wednesday, the 10th day of May, 1876, by Order of His Excellency the Governor, of two Lots of Crown Land in the Colony of Hongkong, for a Term of 75 Years.
No.
of
Registry No.
Sale.
PARTICULARS OF THE LOTS.
Boundary Measurements.
LOCALITY.
Contents in
Annual Upset
Rent.
Price.
N.
¿ E.
w. Square ft.
feet.
feet.
124 | 1244
feet.
350 350
feet.
$
$
43,575 10.00
200.00
124 124 350 350 43,575 10.00 200.00
1 Hongkong Farm
Victoria Peak,
Lot No. 60. Hongkong Farm Lot No. 61.
Victoria Peak,
CONDITIONS OF SALE.
1. The highest bidder above the upset price shall be the Purchaser, and if any dispute arise the Lot shall be put up again at a former bidding.
2. No person shall at any bidding advance less than $5.
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 knocked down.
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 75 Years, to be computed from the 24th day of December, 1875, 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, Cove- nants, Clauses, and Conditions inserted in the Crown Leases of Farm 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 $5 upon the execution of the Crown Lease thereof.
6. 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.
7. Possession of the Lot sold shall be given to the Purchaser, and deemed to have been taken by him on the day of sale.
8. The Purchaser of the Lot shall within one week from the day of sale mark out the boundaries of his lot by fixing granite boundary posts, of not less than 9 inches square at each angle of the said Lot.
MEMORANDUM OF AGREEMENT BY THE PURCHASER.
Memorandum that 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 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 Lot.
and
Registry Number
|Description of Lot Purchased.
Amount of Annual Rental. Premium at which
Purchased.
Signature of Purchaser.
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