ملف 10/5 I المملكة العربية السعودية: امتياز نفط الأحساء؛ زيارة المُقدم هولمز إلى المملكة العربية السعودية؛ حصار الكويت. [و‎‎٦‎٠] (٤٩٦/١٤٨)

fix in writing. itflie GrOTernment hare the right to change
this bank from time to time proTided that they inform the
company of such action in writing, so as to enable the
company to hare sufficient time to arrange for subsequent
payment to the new bank# It is agreed that the Government
should fix this bank whether in fc^udi Arabia or in the
U.S./. or in England or in Holland, provided that no bank
be fixed in fc*. 1 udi Arabia unless it has a correspondent in
the U.S.A., England or Holland through whom the money can be
remitted to SaSudi Arabia and in case the company pays
in the proper way to the Gorernment any payment through the b
bank or through the correspondent of the bank for the
purpose of its transmission to ba 1 udi Arabia the company
will be then free of any risk in respect of such payment.
It has been agreed that the first payment agreed upon (which
is the preliminary loan and the rent of the first year)
should be paid within a period of tk 15 days as from the
date on which this agreement comes into force (to the
correspondents of the Netherlands Trading Society of Jedda
Sa'udi Arabia) at Hew York or London for its transmission
and handing over to the Gorernment against proper and
correct receipt, the expenses incurred in this connection
will be charged to the company, if this first payment
is not paid in gold it may be paid in pounds sterling at
the rate of exchange at the time the company pays the said
payment to the correspondent of the bank.
/rticle 16. After discorerihg oil in commercial
quantities within a reasonable period, the company may
choose a place in Sa 'udi /rabia for the purpose of
establishing a factory for manufacturing a sufficient
quantity of petrol and kerosene to suffice the needs of
the CJoTernment. It is understood that the requirements
or needs of the Oovernment will not include the sale of the
same on their part inside and outside the country.
> [ ''
the company should proceed to establish this
factory