Section 36. East India Company to have right of pre-emption

36. East India Company to have right of pre-emption .—[1] * * * If the said Association shall be desirous to dispose of any premises purchased by the said Association from the East India Company, 1. The words "And it is hereby enacted, that" omitted by Act 12 of 1891, s. 2 and Sch. I. 2. The words "that" omitted by Act 12 of 1891, s. 2 and Sch. I. the said East India Company shall the right of pre-emption, and the price shall be fixed by two appraisers, the one named on the part of the said East India Company, and the other by the Directors of the said Association; and if the said appraisers shall not agree on a price, the price shall be fixed by an umpire named by the said appraisers.