ملف ١٩١٦//٢٩٠٢ "المعاهدات والاتفاقيات بين الحكومة البريطانية وحُكام الساحل العربي للخليج الفارسي" [ظ‎‎٥‎٦] (٤٤٨/١٢٣)

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Astrabad and Khorassan but on the express condition that the Persian Imperial
Government shall not grant to any other person the right of constructing a
pipe line to the southern rivers or on the south coast of Persia.
Article 7.
All lands ^ranted by these presents to the Concessionnaire or that may be
acquired by him in the manner provided for in Articles _3 and 4 of these
presents as also all products exported shall be free of all^ imposts and taxes
during the term of the present Concession. All material and apparatuses
necessary for the exploration, working and development of the deposits and for
the construction and development of the pipe lines shall enter Persia free of all
taxes and Custom House duties.
Article 8.
The Concessionnaire shall immediately send out to Persia and at his own
cost one or several experts with a view to their exploring the region in which
there exist as he believes the said products and in the event of the report of
the expert being in the opinion of the Concessionnaire of a satisfactory nature
the latter shall immediately send to Persia and at his own cost all the technical
staff necessary with the working plant and machinery required for boring and
sinking wells and ascertaining the value of the property.
Article 9.
The Imperial Persian Government authorises the Concessionnaire to found
one or several Companies for the working of the Concession.
The name, “ statuts ” and capital of the said companies shall be fixed by
the Concessionnaire and the Directors shall be chosen by him on the express
condition that on the formation of each Company the Concessionnaire shall
give official notice of such formation to the Imperial Government through the
medium of the Imperial Commissioner and shall forward the “ statuts ” with
information as to the places at which such Company is to operate. Such
Company or Companies shall enjoy all the rights and privileges granted to the
Concessionnaire but they must assume all his engagements and responsibilities.
Article 10.
It shall be stipulated in the contract between the Concessionnaire of the
one part and the Company of the other that the latter is within the term of ore
month as from the date of the formation of the first exploitation Company to
pay the Imperial Persian Government the sum of £20,000 sterling in cash and
an additional sum of £20,000 sterling in paid-up shares of the first Company
founded by virtue of the foreLming article. It shall also pay the said Govern
ment annually a sum equal to 16 per cent, of the annual net profits of every
Company or of all and any Company that may he formed in accordance with
the said Article.
Article 11.
The said Government shall be free to appoint an Imperial Commissioner
who shall be consulted by the Concessionnaire and the Directors of the Com
pany to be formed. He shall supply all and any useful information at his
disposal and he shall inform them of the best course to be adopted in the
interest of the undertaking. He shall establish by agreement with the Conces
sionnaire such supervision as he may deem expedient to safeguard the interests
of the Imperial Government.
The aforesaid powers of the Imperial Commissioner shall be set forth in
the “ statuts ” of the Companies to be created.
The Concessionnaire shall pay the Commissioner thus appointed an annual
sum of £1,000 sterling for his services as from the date of the formation of the
first Company.