![PZ 3083/39 'Bahrain Petroleum Company Ltd. Booklets on 'Pound Sterling Thrift Plan' and 'US Dollar Thrift Plan'.' [‎19v] (38/76)](https://iiif.qdl.qa/iiif/images/81055/vdc_100000000466.0x0002a5/IOR_L_PS_12_290_0038.jp2/full/!1200,1200/0/default.jpg "PZ 3083/39 'Bahrain Petroleum Company Ltd. Booklets on 'Pound Sterling Thrift Plan' and 'US Dollar Thrift Plan'.' [‎19v] (38/76)")
PZ 3083/39 'Bahrain Petroleum Company Ltd. Booklets on 'Pound Sterling Thrift Plan' and 'US Dollar Thrift Plan'.' [19v] (38/76)
The record is made up of 1 file (36 folios). It was created in 16 May 1939-18 Aug 1941. 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.
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13. Successor Trustees. In the event any Trustee hereunder shoulu^
cease to be a Trustee because of his death, resignation, removal, or
for any other reason, the Company shall, and shall have the sole
power to, appoint a successor. Until such successor is appointed by
the Company, the remaining Trustees shall have full power to per
form any act authorized to be performed by the Trustees under the
Plan.
14. Decisions by Trustees. The decision of the majority of the
Trustees shall control the performance or non-performance of any
act authorized to be performed by the Trustees under the Plan.
15. Audits and Evaluations. The Trustees may, and the Company
may require the Trustees to, make evaluations of the Fund or am-
part thereof at any time; and the Trustees shall furnish to the Com
pany a copy of any such evaluation. The Company may at any time,
at its own expense, require an audit to be made of the books of the
Trustees by an auditor selected by the Company.
16. Indemnifications. The Company agrees to defend, hold harm
less, and indemnify each of the Trustees against any claim, suit, or
liability made, brought, or established by anyone against such
1 rustee arising out of any act or omission of such Trustee in the
administration of the Plan and not occasioned by or through the
wilful default of such Trustee.
17. Accumulation of Income. Subject to payments to be made
from time to time to Members or their beneficiaries in accordance
with the Plan, the income arising from the Fund shall accumulate
until the bund shall be sufficient, in the opinion of the Company, to
accomplish the purposes of the Plan.
IF Eftective Period. The Plan shall continue in effect for such
time as may be necessary to accomplish the purposes for which it
was (reated, unless sooner terminated by the Company in accordance
with Rule 24.
19. Amendments. Amendments and supplements to this Agree
ment may be made in accordance with Rule 23.
About this item
- Content
This file contains two Bahrain Petroleum Company Limited (BAPCO) booklets: 'The Pound Sterling Thrift Plan and Life Insurance Benefit Plan' and 'The US Dollar Thrift Plan and Life Insurance Benefit Plan' (both effective from 1 July 1939), as well as an 'Addendum to Trust Agreement and Rules of The Pound Sterling Thrift Plan of the Bahrain Petroleum Company Limited'. These documents were sent to John Percival Gibson, Principal of the Political Department for the 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. , at the time of publication. The file also contains correspondence between Roland Tennyson Peel, the Assistant Secretary for the Political (External) Department in the 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. , and BAPCO in 1941 regarding changes to the plans, with BAPCO seeking governmental approval over the proposed amendments.
- Extent and format
- 1 file (36 folios)
- Arrangement
The papers are arranged in approximate chronological order from the rear to the front of the file.
- Physical characteristics
Foliation: the foliation sequence for this description commences at the front cover with 1, and terminates at inside back cover with 38; 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.
Pagination: there is an original pagination system between ff 12-20 and ff 26-34.
- Written in
- English in Latin script View the complete information for this record
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PZ 3083/39 'Bahrain Petroleum Company Ltd. Booklets on 'Pound Sterling Thrift Plan' and 'US Dollar Thrift Plan'.' [19v] (38/76), British Library: India Office Records and Private Papers, IOR/L/PS/12/290, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100033111018.0x000027> [accessed 24 April 2024]
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Copyright: How to use this content
- Reference
- IOR/L/PS/12/290
- Title
- PZ 3083/39 'Bahrain Petroleum Company Ltd. Booklets on 'Pound Sterling Thrift Plan' and 'US Dollar Thrift Plan'.'
- Pages
- 2r:2v, 5r:5v, 8r:37v
- Author
- Bahrain Petroleum Company (BAPCO)
- Usage terms
- The copyright status is unknown. Please contact copyright@bl.uk with any information you have regarding this item.