the-ordinances-of-the-legislative-counci-1890v2 — Page 83

HK Historical Laws 香港歷史法例 All

TRAMWAYS . [ 6 OF 1883. ] 673

bailiffs of the Court to deliver possession of the same to the
person appointed in such warrant to receive the same, and upon
the receipt of such warrant such bailiff shall deliver possession
of any such lauds accordingly, and the costs accruiny by reason
of the issuing and esecution of such warrant, to be settled by
the Registrar, shall be paid by the person refusing to and
possession , and the amount of such costs shall be deducted give
retained by the company from the compensation, if any, then
payable by them to such party, or if no such compensation be
payable to such party, or if the same be less than the amount
of such costs, then such costs, or the excess thereof beyond
such compensation, if not paid on demand, shall be recovered
in the same way as any other costs payable under an order of
the said Court .

105. No party shall at any time be required to sell or assign Parties not to
to the company
manufa
a part only of any house or other building or belleparteredof toa
, if such part
ctory y be willing and able to sell and house.
assign the whole thereof.
Lands in mortgage .
106. It shall be lawful for the company to purchase or Power to
redeem
redeem the interest of the mortgagee of any of the said lands mortgages.
mentioned in the said schedule D., which may be required for
the purposes of this ordinance, and that whether they shall
have previously purchased the equity of redemption of such
lands or not, and whether the mortgagee thereof be entitled
thereto in his own right, or in trust for any other party, and
whether be be in possession of such lands by virtue of such
mortgage or not, and whether such mortgage affect such lands
solely, or jointly with any other lands not required for the
purposes of this ordinance , and in order thereto the company
may pay or tender to such inortgagee the principal and interest
due on such mortgage, together with his costs and charges, if
any, and also one month's additional interest, and thereupon
such mortgagee shall immediately assign bis interest in the lands
comprised in such mortgage to the company, or as they shall
direct , or the company may give notice in writing to such
mortgagee that they will pay off the principal and interest duc
on such mortgage at the end of one month , computed from the
day of giving such notice ; and if they shall have given any
such notice, or if the party entitled to the equity of redemption
of any such lands shall have given notice of bis intention to
redeemn the same, then at the expiration of either of such notices,
or at any intermediate period, upon payment or tender by the
company to the mortgagee of the principal money due on such
mortgage, and the interest which would become due at the end

Comments

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

No comments yet.

Private Research Note

Private notes are available after approval.