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'Historical Summary of Events in the Persian Gulf Shaikhdoms and the Sultanate of Muscat and Oman, 1928-1953: Appendices, Genealogical Tables' [157v] (101/142)
The record is made up of 1 volume (65 folios). It was created in c 1953. It was written in English. The original is part of the British Library: India Office The department of the British Government to which the Government of India reported between 1858 and 1947. The successor to the Court of Directors. Records and Private Papers Documents collected in a private capacity. .
Transcription
This transcription is created automatically. It may contain errors.
298
{b) If the Bank is requested to deal in other currencies, or in gold or silver,
the Bank shall be free to accept or refuse such business at its own discretion.
(c) The Bank may purchase and sell Maria Theresa silver dollars in the normal
course of business and undertakes to submit lortnightly to the Muscat Government
signed statements showing its total purchases and sales of Maria Theresa silver
dollars and the balance held by the Bank. 1 he Bank agrees to respect the wishes
of the Muscat Government regarding the extent of the Bank s dealings in Maria
Theresa silver dollars, but the Government shall not restrict the Banks dealings
in such a way as to place the Bank in a worse position than any merchant or
member of the general public.
Article 4. —The Manager of the Bank shall be British.
Article 5.—Subjects of the Sultanate will be employed by the Bank if available
and found suitable, otherwise foreign nationals, with preference for those of the
Arab countries, will be employed.
Article 6. —Guards required by the Bank will be provided by the Muscat
Government, their wages being paid for by the Bank to the Government, at
rates to be notified by the Government to the Bank.
Article 7.—The Bank will observe the Moslem general holidays in accordance
with the official Government list.
Article 8. —The Bank shall dismiss any employee found guilty of misconduct
or misbehaviour.
Article 9.—The Bank notices must be exhibited in Arabic as well as in English
on the premises of the Bank.
Article 10. —The Bank shall not be liable to taxes, duties, fines or other
obligations of any kind whatsoever other than those levied on and paid by nationals
of the Sultanate or foreign nationals of any country.
Article 11. —The Bank shall be located in the town of Muscat.
Article 12. —The Bank shall in due course build its own premises and shall
do so on land to be leased to it by the Government in a suitable position at a
reasonable rent.
Article 13. —The Bank may accept mortgages of movable property but not
of immovable property without approval of the Muscat Government.
Article 14. —No flag of any sort shall be flown from the Bank premises.
Article 75—When the Government requires for its own use drafts on India
to an extent not exceeding Rs. 100,000 (one
lakh
One lakh is equal to one hundred thousand rupees
) in any one month, the rate
of exchange shall be at par, that is, without Bank charges, but if it is necessary
to send currency notes to India for that purpose the actual cost of sending would
be payable by the Government without Bank charges.
Article 16. —The Bank will at all times do its best to help, advise, and
co-operate with the Government and undertake Government business at the most
favourable possible rates.
Article 17. — id) This Agreement holds good for a period of twenty years.
{b) No permission will be given by the Government of the Sultanate during
that period to any other Bank to open a Branch or Branches in the Sultanate.
(c) It is agreed that the Bank has the right to withdraw from Muscat at any
time during the period of this Agreement provided that it gives twelve clear months'
notice of its intention and satisfies all proven claims against it before withdrawal.
Article 18—The Bank shall ensure that all bills of exchange or other
commercial documents which may pass through its hands will be properly stamped
with appropriate Government Revenue stamps in accordance with all Government
regulations which may from time to time be published.
In Witness whereof the parties to the Agreement have set their hands this
day and year first written above.
On behalf of THE IMPERIAL BANK OF IRAN
(Signed) DONALD SCOTT,
Duly accredited Representative of
the Imperial Bank of Iran.
In the presence of
(Signed) P. D. STOBART,
His Britannic Majesty's Consul,
Muscat.
(Signature in Arabic)
SULTAN SAIYID SAID BIN
TAIMUR BIN FAISAL,
Sultan ot Muscat and Oman and
Dependencies.
In the presence of
(Signed) P. D. STOBART,
His Britannic Majesty's Consul,
Muscat.
About this item
- Content
Appendices to IOR/R/15/1/731(1). The appendices relate to the chapter on general matters, and to the chapters on Bahrain, Kuwait, Qatar, the Trucial States A name used by Britain from the nineteenth century to 1971 to refer to the present-day United Arab Emirates. , and Muscat. Also includes genealogical tables of Ruling Families in the Gulf at the end of the volume and (separately filed) further handwritten genealogical tables.
- Extent and format
- 1 volume (65 folios)
- Arrangement
There is a list of contents at the front of the volume.
- Physical characteristics
Foliation: the foliation sequence commences at 110 on the front cover and terminates at 176 on the last of the loose folios stored in polyester sheets. These numbers are written in pencil, are enclosed in a circle, and appear in the top right hand corner of the recto The front of a sheet of paper or leaf, often abbreviated to 'r'. page of each folio. The foliation sequence is a continuation of that in the main part of the document - IOR/R/15/1/731(1).
- Written in
- English in Latin script View the complete information for this record
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'Historical Summary of Events in the Persian Gulf Shaikhdoms and the Sultanate of Muscat and Oman, 1928-1953: Appendices, Genealogical Tables' [157v] (101/142), British Library: India Office Records and Private Papers, IOR/R/15/1/731(2), in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100023807432.0x000066> [accessed 25 April 2024]
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- Reference
- IOR/R/15/1/731(2)
- Title
- 'Historical Summary of Events in the Persian Gulf Shaikhdoms and the Sultanate of Muscat and Oman, 1928-1953: Appendices, Genealogical Tables'
- Pages
- 157r:157v
- Author
- Unknown
- Usage terms
- The copyright status is unknown. Please contact copyright@bl.uk with any information you have regarding this item.