160
DAFYDD EMRYS EVANS
23 A writ of fieri facias (abbreviated to fi. fa.) is the means whereby a judgment is executed against the property of a person found liable to another in damages in a civil suit. It enables his property to be sold to meet the sums awarded against him. The writ was frequently employed at this time in suits for arrears of Crown Rent.
24 Memorial 359.
25 When property is mortgaged to secure sums advanced by the mortgagee to the mortgagor, the latter is said to have an 'equity of redemption'. The purpose of this is to make certain that his interest in relation to that of the lender is kept in balance, so that the lender can always be forced to release the security when the reasons for giving it are no longer present, i.e., when the sums advanced are repaid. The equity of redemption is treated as an item of property which the mortgagor is free to dispose of—it is the right to reconveyance when the security is discharged or repayment of the loan.
26 Under the Ordinance No. 3 of 1844, all transactions in and concerning land, as well as judgments, wills and so on which involve land, must be registered in the Land Office. A transaction is quite effective even if the Ordinance is not complied with but subsequent purchasers or persons having dealings with property automatically have notice of any registered transaction which will therefore take precedence even over prior unregistered transactions.
27 Ong Chok may in fact have been Ong Lok. The latter frequently dealt in property and is described in Memorials as a 'compradore'. He had extensive property interests in the Taipingshan district.
28 Memorial 384.
29 Memorial 385.
30 Memorial 418.
31 The Chinese used then and still do use to a certain limited extent a lunar calendar.
32 Friend of China, 23 June 1849.
33 Memorial 541.
34 Lease Register Vol. C, f. 219.
35 Lease Register Vol. F, ff. 38 and 47.
36 It was suggested that Chinese merchants were not averse to bribery because they were accustomed to bribing Chinese Government officials.
37 But it should be noted that there are a good many lots in the Taipingshan area in which there were no recorded dealings for a good many years. It is unlikely that there were no dealings at all. It is more likely that the dealings were simply not recorded.
38 Towards the end of the 1840's and in the early 1850's the number of non-residents investing in property in the colony rose markedly, most of them coming from those districts of Kwantung Province adjoining Hong Kong and Macao. The Taiping rebellion may have caused some part of the flow of capital.
160
DAFYDD EMRYS EVANS
23 A writ of fieri facias (abbreviated to fi, fa.) is the means whereby a judgment is executed against the property of a person found liable to another in damages in a civil suit. It enables his property to be sold to meet the sums awarded against him. The writ was frequently employed at this time in suits for arrears of Crown Rent.
24 Memorial 359.
35 When property is mortgaged to secure sums advanced by the mortgagee to the mortgagor, the latter is said to have an 'equity of redemption. The pose of this is make certain that his interest in relation to that of the is kept in balance, so that the lender can always be forced to release the security when the reasons for giving it are no longer present, i.e., when the sums advanced are repaid. The equity of redemption is treated as an item of property which the mortgagor is free to dispose of—it is the right to reconveyance when the security is discharged or repayment of the loan.
26 Under the Ordinance No. 3 of 1844, all transactions in and concern- ing land, as well as judgments, wills and so on which involve land, must be registered in the Land Office. A transaction is quite effective even if the Ordinance is not complied with but subsequent purchasers or persons having dealings with property automatically have notice of any registered transaction which will therefore take precedence even over prior unregistered transactions.
27 Ong Chok may in fact have been Ong Lok. The latter frequently dealt in property and is described in Memorials as a 'compradore'. He had extensive property interests in the Taipingshan district.
28 Memorial 384.
29 Memorial 385.
30 Memorial 418.
31 The Chinese used then and still do use to a certain limited extent
a lunar calendar.
32 Friend of China, 23 June 1849.
33 Memorial 541,
34 Lease Register Vol. C, f. 219.
35 Lease Register Vol. F, ff. 38 and 47.
36 It was suggested that Chinese merchants were not averse to bribery because they were accustomed to bribing Chinese Government officials.
37 But it should be noted that there are a good many lots in the Taipingshan area in which there were no recorded dealings for a good many years. It is unlikely that there were no dealings at all. It is more likely that the dealings were simply not recorded,
38 Towards the end of the 1840's and in the early 1850's the number of non-residents investing in property in the colony rose markedly, most of them coming from those districts of Kwantung Province adjoining Hong Kong and Macao. The Taiping rebellion may have caused some part of the flow of capital.
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