Read the full judgment text of DCCJ 008139/1975 on BabelCite. This District Court judgment was delivered on 6 December 1997.
1. By a written agreement dated the 4th February 1950 the plaintiff agreed to purchase the lease of Section B, Lot 151 Cheung Chau New Territories, which is crown land, for a consideration of $400. An assignment of the lease was not however executed until the 2nd November, 1976. Under the assignment the plaintiff acquired the land for a term of five years from the 7th November, 1944 at a rent of $1.13 per annum renewable on the same terms until the termination of the crown lease. Receipts were p