25th March, 1902. continuation of the cortespontence which passed between the Council ani yourselves last year in regard to the acquisition by the Council of Cadastral Lots 1140, 1141 "ud 1142, Northern District, and in confirmation of the verbal arrange: ments recently made with you by the Municipal E.gincer, Lam now directed to convey to you the Council's formal offer for purchase of this property for the sum of Tls. 18,464. This sum represents payment at the rate of Tis, 3,890 per mow on the total cadastral arca of the three lots, in accordance with the terms of your letter dated 22nd May last.
Upon your formal acceptance of this offer the Council will arrange for transfer of the property ani for payment of the sum above-named.
Tam, Gentlemen, Your obedient servant, J. 0.2. Bessy, Secretary.
Messrs. \'onntsos, Grattos and Scorr, Shangh:
7th March, 1902.
Sm,—In reply to your favour of the 25th ant respecting the acquisition by the une] of cadastral Lots 1140, 114%, and 1142, Northe n District, and conveying the Council's formal offer to purchase these lots for the sum of Ti, 18,$64.00, being at the 3,800 per mow calculated on the cadastral ares, we are now authorized by the beneficial owver to accept the offer.
With regard ta the tran for of the property, we shall be happy to. keep any appointment for this purpose after Monday We are, Sir.
Your oh -dient servants, Monnisox, Grarrox axp Scorn, J. 0, P. Buaxn, Esq, Shanghai Municipal Counci
Text read from the printed page and cleaned; old type leaves the occasional error.