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Coll 1/55 'Aden. Water and drainage schemes: loan by the Aden Port Trust to the Aden Settlement' [26r] (51/60)
The record is made up of 1 file (30 folios). It was created in 17 Dec 1934-7 Jul 1936. 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.
Letter No.1079 dated the 17th April 1S34
i’rom the Chairman, Aden Port Trust to the Civil
Secretary, Aden.
Loan of Rs. 3
lakhs
One lakh is equal to one hundred thousand rupees
from the Aden
Port Trust to the Aden Settlement.
I have the honour to forward, herewith, a copy
of Board Resolution No.3, dated 12th April 1934 to
gether with copy of Chairman's note on the a’ocve
subject and to request that you will he so good as
to obtain the necessary sanction of Government of
India to the grant of a loan of R$. 3 l ak hs to the
Aden Settlement on the terms end conditions outlined
in the above mentioned Board Resolution.
2. The Port Trust has Rs.7,55,000/- on Fixed
Deposit with the National Bank of India at very low
rates of interest and to advance Es. 3
lakhs
One lakh is equal to one hundred thousand rupees
for the
period required will in no way impair the liquid
position of its finances should it be necessary to
incur heavy expenditure at any tirae.
3. The sum standing to the credit of the Provident
Fund alone was Rs.3,29,669-0-0 at 3lst March 1.34 and
it would be an advantage to find a more profitable
investment for tills money than to keep same on fixed
deposit with the Bank at present.
4. The loan is required by the Aden Settlement
in order to pay back fi part of the loan of Rs. 4 inkhn
advanced by the Government of India, subject to the
necessary sanction to the proposed repayment.
About this item
- Content
The file contains two sets of papers. The first set, dated 1934, concerns arrangements for the Aden Settlement to receive a loan of 3 lakhs One lakh is equal to one hundred thousand rupees of rupees Indian silver coin also widely used in the Persian Gulf. from the Aden Port Trust. The loan was intended to repay a previous Government loan, obtained to fund water and drainage schemes in Aden. This material consists of minutes of the Aden Port Trust, and correspondence between the Chairman of the Aden Settlement, the Aden Chief Commissioner, and the Government of India Department of Commerce.
The second set of papers, dated 1936, consist of correspondence between Dorothy Newport-Ridley and Richard Austin Butler MP. Ridley informs Butler of her visit to Aden in April 1936, and enquires into the use of the water supply for irrigation and drinking purposes. The papers include Butler's response to the enquiry, and correspondence with the Aden Resident.
The file includes a divider which gives a list of correspondence references contained in the file by year. This is placed at the end of the correspondence (folio 1).
- Extent and format
- 1 file (30 folios)
- Arrangement
The papers are arranged in rough chronological order from the rear to the front of the file
- Physical characteristics
Foliation: the foliation sequence commences at the front cover with 1, and terminates at the inside back cover with 30; these numbers are written in pencil, are circled, and are located in the top right corner of the recto The front of a sheet of paper or leaf, often abbreviated to 'r'. side of each folio.
- Written in
- English in Latin script View the complete information for this record
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Copyright: How to use this content
- Reference
- IOR/L/PS/12/1493
- Title
- Coll 1/55 'Aden. Water and drainage schemes: loan by the Aden Port Trust to the Aden Settlement'
- Pages
- front, front-i, 2r:8v, 10r:17v, 20r:29v, back-i, back
- Author
- East India Company, the Board of Control, the India Office, or other British Government Department
- Usage terms
- Open Government Licence