120
No. 55.
THE HONGKONG GOVERNMENT GAZETTE, 16TH MARCH, 1872.
GOVERNMENT NOTIFICATION.
The following Particulars and Conditions of Sale of Crown Land by Public Auction, to be held on the spot, on the 5th day of April, 1872, at 4.30 P.M., are published for general information.
By Command,
CECIL C. SMITH,
Acting Colonial Secretary.
Colonial Secretary's Office, Hongkong, 16th March, 1872.
Particulars and Conditions of the Letting by Public Auction Sale, to be held on Friday, the 5th day of April, 1872, by Order of His Excellency The Governor, of a certain Lot of Crown Land in the Colony of Hongkong for a Term of 999 years.
No. Regis. of try
Sale.
No.
Robinson Road,
PARTICULARS OF THE LOT.
LOCALITY.
Measurement of Boundaries. Contents
in
N.
E.
S.
W.
Square ft.
Annual Upset Rent. Price.
$
100 155 100 145
15,000
9.90
350
CONDITIONS OF SALE.
1. The highest bidder above the upset price shall be the Purchaser, and if any dispute arise the the Lot shall be put up again at the former bidding.
2. No person shall advance at any one bidding less than $50, or retract his or her bidding.
3. Immediately after the fall of the hammer, the Purchaser shall sign the Memorandum of Agreement 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 the Lot shall at his own expense 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 December, 1871, at such Annual Rental payable half yearly on the 24th day of December, and the 24th day of June 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 the excep- tions, reservations, covenants, clauses, and conditions usually inserted in the Crown Leases of Inland Lots in the Colony of Hongkong.
5. Should the Purchaser neglect or fail to comply with these Conditions, his Premium or any portion 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 Pur- chase Money shall be retained by Her Majesty, and the deficiency, if any, and all the costs and expenses shall be made good by the Defaulter and be recoverable as liquidated damages.
6. Possession of the Lot sold shall be given to the Purchaser, and deemed to have been taken by him on the day of sale.
MEMORANDUM OF AGREEMENT BY THE PURCHASERS.
Memorandum showing that the Person or Persons whose Name or Names are hereunder written have been declared the highest Bidder or Bidders for the Lot described in the foregoing Particulars of Sale and hereunder specified opposite to his or their Names and Signatures, and that, that Person or those Persons do hereby agree to become the Lessee or Lessees thereof under and subject to the foregoing Conditions of Sale, and on his or their part to perform and abide by them.
Number
Registry Number
of Sale
and
Annual Rent.
Lot. Description of Lot Purchased.
Amount of Premium at which Purchased.
Signature of Purchaser.
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