'Oil Concessions' [‎298r] (605/734)

General byndioate called to see Sir John 3tuick.burgti on
Wednesday, ^ist July» Mr. Williams, ) Mr. Bushe and Mr.
Hall were present at the interview.
.'Xo An ^Shn tekbur ^h explained that as a result^
the discussion held on the 19th July with representatives
of the Syndicate, a letter was prepared in the Oolonial
Office communicating the conditions upon which His
Majesty 's Government would he prepared to advise the
Siaeikh of Bahrein to agree to the extension of the
exploration licence granted to the Syndicate and to the
Assignment of their Ooncession. This letter was on the
point of 'being despatched to the Syndicate when Mr. Jans or
telephoned to ask that the despatch of the letter tShould
tie postponed pending a further discussion. It was in
accordance with this request that the present Meeting had
■been called.
Mr. Janso n explained that since the Keeting of
the 19th July he and Major Solmes had had an opportunity
to discuss with Major Davis, the representative or tcie
American group holding the option on the Syndicate's
Concession, the conditions which His I£ajesty* s Government
wished to ijipose as disclosed at that Meeting. Ea
had ascertained from Major Davis that his principals took
the following view in regard to the four proposed
conditions:-
(a) They x^ere not prepared to agree to the
registration in Great Britain of the Company formed to
operate the Concession. They had already formed a
Company for that purpose in Canada which, as "being
within easy reach of their headquarters in tue United
States, could he controlled therefrom. They
contemplated that the Directorships of the new Company
should, for the most part, he filled hy the ax)pointme.nt
of Directors of their own group, who., for the purpose
of Board Meetings, could^without undue inconvenience,
travel to Canada. They had no organisation in this
country which would enable them to operate a Company