Historic Examples
The British famously had a 99-year lease, or concession, to Hong Kong New Territories from China from 9 June 1898 to 1 July 1997.
The Guantanamo Bay Naval Base started as a 99-year lease in 1903 from the first president of Cuba to the United States.
The Lend-Lease program of the 1940 was enabled by 99-year lease of British bases on several islands (Gander International Airport in Newfoundland) by the Destroyers for Bases Agreement.
All land in Canberra and The Australian Capital Territory in Australia is held by tenure under 99 year lease provisions.
The land under the city of Salamanca, New York has been held under 99-year leases.
Read more about this topic: 99-year Lease
Famous quotes containing the words historic and/or examples:
“If there is any period one would desire to be born in, is it not the age of Revolution; when the old and the new stand side by side, and admit of being compared; when the energies of all men are searched by fear and by hope; when the historic glories of the old can be compensated by the rich possibilities of the new era?”
—Ralph Waldo Emerson (1803–1882)
“There are many examples of women that have excelled in learning, and even in war, but this is no reason we should bring ‘em all up to Latin and Greek or else military discipline, instead of needle-work and housewifry.”
—Bernard Mandeville (1670–1733)