500 THE HONGKONG GOVERNMENT GAZETTE, 18TH NOVEMBER, 1876.
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 24th day of June, 1876, 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, Ceve- nants, Clauses, and Conditions inserted in the Crown Leases of Marine and Inland Lots respectively in the Colony of Hongkong, and also to the Special Conditions hereinafter contained and specified.
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.
be
6. Should the Purchaser neglect or fail to comply with these Conditions, or with the Special Conditions hereinafter contained, or fail to complete the whole of the work or works referred to herein, in the time specified, or neglect or fail to carry out and execute the work according to the instructions, and to the satisfaction of the Surveyor General, his Premium-or any portion thereof which may paid shall be thereupon forfeited to Her Majesty, who shall be at full liberty either to enforce the Šale, 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.
SPECIAL CONDITIONS.
1. The Purchaser of each Lot shall reclaim and raise the level of the present ground line, of the whole area of his Lot, and also that of half the width of the streets adjourning or abutting into the said Lot, to a height of one foot nine inches above the level of High Water Mark, Spring Tides, or to such other level, or levels, as shall be given him from time to time by the Surveyor General. He will also have to maintain and keep the saine at the abovementioned level or levels during the whole term
of his Lease.
2. The Purchaser of each Marine Lot shall also (in addition to the above mentioned reclamation) build a strong and substantial granite Sea Wall, along the North or sea side of his Lot, the said Wall to be fifty feet from, and parallel to the North Boundary of the said Lot. The top of the Wall to be one foot nine inches above High Water Mark, Spring Tides. The Purchasers of Marine Lots 245 and 249 will likewise have to construct the Sea Wall for a distance of 25 feet on the West sides respective- ly of the said Lots, or to the centre of the cross streets forming their Western Boundaries; and the Purchasers of Marine Lots 243 and 246 will likewise have to construct the Sea Wall for a similar dis- tance of 25 feet on the East side of their respective Lots.
3. The Purchaser of each Marine Lot shall build and construct the before mentioned Sea Wall, and the Purchaser of each Lot shall carry out the reclamation of each of their respective Lots, in strict accordance with the Plan and Specifications drawn up by the Surveyor General for this work, and attached hereto, and which Plan and Specifications shall be signed by the Purchaser of each Lot at the time of sale.
*
4. The Purchasers of the whole of the Lots shall, conjointly, place the execution and carrying out of the whole of the work or works referred to herein, in the hands of one Contractor only, who shall be a well known and properly qualified man, who has had experience in works of this kind, and who will be responsible to the Surveyor General, for the proper and faithful execution of the same:
5. The whole of the work or works referred to herein, shall be carried out, executed, and com- pleted by the respective Purchasers, on or before the First day of September, 1877.
MEMORANDUM OF AGREEMENT BY THE PURCHASER. Memorandum that the person whose name 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 Lessee 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.
NOTE. The Sale Plan showing the position of the respective Lots, together with the Conditions of Sale, and the Specifications and Plan of the Praya Wall, referred to herein, can be seen by intending Purchasers on application at the Surveyor General's Office, between the hours of 11 A.M. and 3 P.M., any day, (Sundays excepted) on or before the day of sale.
No comments yet.
Private notes are available after approval.