1923_TRAMWAY_ORDINANCE__1902 — Page 20

HK Historical Laws 香港歷史法例 All AI Reviewed
Series Prev Next Source

1422

No. 10 of 1902.

Power to lease.

Power to mortgage.

Rights of emergency, TRAMWAY.

be deemed to be the company and to be subject in all respects to the provisions of this Ordinance and to any order or rules made hereunder: Provided that the company may at any time sell or assign any land, machinery, property, chattel or effect which is not required for the efficient maintenance and working of its undertaking.

Power to lease.

40. Subject to the approval of the Governor-in-Council, the company may demise or let the whole of its undertaking to such person, for such term of years or from year to year or for any less period, and for such rent and upon such terms and conditions in all respects as the company shall think fit, to take effect either in possession or at some future date, and either with or without a premium as a consideration for such demise; and when any such demise or letting has been made the lessee shall be subject in all respects to the provisions of this Ordinance and to any order or rules made hereunder: Provided that the company may at any time demise or let any land, machinery, property, chattel or effect which is not required for the efficient maintenance and working of its undertaking.

Power to mortgage.

41. Subject to the approval of the Governor in Council, it shall be lawful for the company to borrow money on mortgage of the whole of its undertaking, and for that purpose to assign or demise by way of mortgage all its lands, messuages or tenements, erections, buildings, works, rolling stock, plant, machinery, chattels and effects, to any person, and to enter into all such covenants, provisos, declarations and agreements as the company shall think fit or proper, and any mortgagee in possession shall be subject in all respects to the provisions of this Ordinance and to any order or rules made hereunder.

Rights of Government.

42. The Governor in Council may by order direct that Government precedence over the company and all other persons in the military user of the tramway, or any part thereof, be taken for defensive or military purposes, or for the passage of troops and war material, on giving to the company before each occasion of such user three clear days notice, when practicable.

43

the c char come paid 4 mer ing mi si: th m I

Page 20

Page 21

Edit History

2026-05-03 12:28:16 · NVIDIA / meta/llama-4-maverick-17b-128e-instruct
Live
View comparison
AI Proofread
1422 No. 10 of 1902. Power to lease. Power to mortgage. Rights of emergency, TRAMWAY. be deemed to be the company and to be subject in all respects to the provisions of this Ordinance and to any order or rules made hereunder: Provided that the company may at any time sell or assign any land, machinery, property, chattel or effect which is not required for the efficient maintenance and working of its undertaking. Power to lease. 40. Subject to the approval of the Governor-in-Council, the company may demise or let the whole of its undertaking to such person, for such term of years or from year to year or for any less period, and for such rent and upon such terms and conditions in all respects as the company shall think fit, to take effect either in possession or at some future date, and either with or without a premium as a consideration for such demise; and when any such demise or letting has been made the lessee shall be subject in all respects to the provisions of this Ordinance and to any order or rules made hereunder: Provided that the company may at any time demise or let any land, machinery, property, chattel or effect which is not required for the efficient maintenance and working of its undertaking. Power to mortgage. 41. Subject to the approval of the Governor in Council, it shall be lawful for the company to borrow money on mortgage of the whole of its undertaking, and for that purpose to assign or demise by way of mortgage all its lands, messuages or tenements, erections, buildings, works, rolling stock, plant, machinery, chattels and effects, to any person, and to enter into all such covenants, provisos, declarations and agreements as the company shall think fit or proper, and any mortgagee in possession shall be subject in all respects to the provisions of this Ordinance and to any order or rules made hereunder. Rights of Government. 42. The Governor in Council may by order direct that Government precedence over the company and all other persons in the military user of the tramway, or any part thereof, be taken for defensive or military purposes, or for the passage of troops and war material, on giving to the company before each occasion of such user three clear days notice, when practicable. 43 the c char come paid 4 mer ing mi si: th m I Page 20 Page 21
Baseline (Original)
1422 No. 10 of 1902. Power to lease. Power to mortgage. Rights of emergency, TRAMWAY. be deemed to be the company and to be subject in all respects to the provisions of this Ordinance and to any order or rules. made hereunder: Provided that the company may at any time sell or assign any land, machinery, property, chattel or effect which is not required for the efficient maintenance and working of its undertaking. Power to lease. 40. Subject to the approval-of-the-Governor-in-Council, the company may demise or let the whole of its undertaking to such person, for such term of years or from year to year or for any less period, and for such rent and upon such terms and conditions in all respects as the company shall think fit, to take effect either in possession or at some future date, and either with or without a premium as a consideration for such demise; and when any such demise or letting has been made the lessee shall be subject in all respects to the provisions of this Ordinance and to any order or rules made hereunder : Provided that the company may at any time demise or let any land, machinery, property, chattel or effect which is not required for the efficient maintenance and working of its undertaking. Power to mortgage. 41. Subject to the approval of the Governor in Council, it shall be lawful for the company to borrow money on mortgage of the whole of its undertaking, and for that purpose to assign or demise by way of mortgage all its lands, messuages or tenements, erections, buildings, works, rolling stock, plant, machinery, chattels and effects, to any person, and to enter into all such covenants, provisos, declarations and agreements as the company shall think fit or proper, and any mortgagee in possession shall be subject in all respects to the provisions of this Ordinance and to any order or rules made hereunder. Rights of Government. 42. The Governor in Council may by order direct that Government precedence over the company and all other persons in the in military user of the tramway, or any part thereof, be taken for defensive or military purposes, or for the passage of troops and war material, on giving to the company before each occasion of such user three clear days notice, when practicable. 43 the c char come paid 4 mer ing mi si: th m I Page 20Page 21
2026-05-03 12:28:16 · Baseline
View content

1422

No. 10 of 1902.

Power to lease.

Power to mortgage.

Rights of

emergency,

TRAMWAY.

be deemed to be the company and to be subject in all respects to the provisions of this Ordinance and to any order or rules. made hereunder: Provided that the company may at any time sell or assign any land, machinery, property, chattel or effect which is not required for the efficient maintenance and working of its undertaking.

Power to lease.

40. Subject to the approval-of-the-Governor-in-Council, the company may demise or let the whole of its undertaking to such person, for such term of years or from year to year or for any less period, and for such rent and upon such terms and conditions in all respects as the company shall think fit, to take effect either in possession or at some future date, and either with or without a premium as a consideration for such demise; and when any such demise or letting has been made the lessee shall be subject in all respects to the provisions of this Ordinance and to any order or rules made hereunder : Provided that the company may at any time demise or let any land, machinery, property, chattel or effect which is not required for the efficient maintenance and working of its undertaking.

Power to mortgage.

41. Subject to the approval of the Governor in Council, it shall be lawful for the company to borrow money on mortgage of the whole of its undertaking, and for that purpose to assign or demise by way of mortgage all its lands, messuages or tenements, erections, buildings, works, rolling stock, plant, machinery, chattels and effects, to any person, and to enter into all such covenants, provisos, declarations and agreements as the company shall think fit or proper, and any mortgagee in possession shall be subject in all respects to the provisions of this Ordinance and to any order or rules made hereunder.

Rights of Government.

42. The Governor in Council may by order direct that Government precedence over the company and all other persons in the in military user of the tramway, or any part thereof, be taken for defensive or military purposes, or for the passage of troops and war material, on giving to the company before each occasion of such user three clear days notice, when practicable.

43

the c char

come

paid

4

mer

ing

mi

si:

th

m

I

Page 20Page 21

Comments

Approved members can add comments, bookmarks, and private notes.

No comments yet.

Private Research Note

Private notes are available after approval.