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Memorandum and Articles of Association of Petroleum Development (Trucial Coast) Limited, and of Petroleum Development (Qatar) Limited [‎199r] (57/80)

The record is made up of 1 file (2 files, 40 folios). It was created in 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. .

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11
Directors on behalf of the Company) may, subject to the conditions
and restrictions mentioned in section 54 of the Act, pay interest
on so much of such share capital as is for the time being paid up,
and may charge the same to capital as part of the cost of construction
of the works, buildings or plant.
16. No person shall be recognised by the Company as holding
any share upon any trust, and the Company shall not be bound by
or recognise any equitable, contingent, future or partial interest
in any share, or any interest in any fractional part of a share, or
(except only as by these presents otherwise provided) any other
right in respect of any share, except an absolute right to the entirety
thereof in the registered holder.
17. Every person whose name is entered as a member in the
register of members shall be entitled without payment to one
certificate for all his shares, or upon payment of such sum, not
exceeding 1 .9., for every certificate after the first as the Directors
shall from time to time determine, to several certificates, each for
one or more of his shares. Every certificate shall be issued under
the seal, and bear the signatures of one or more Directors and the
Secretary, and shall specify the shares to which it relates, and the
amount paid up thereon.
18. If a share certificate be defaced, lost or destroyed, it
may be renewed on payment of such fee (if any), not exceeding
I.S., and on such terms (if any) as to evidence and indemnity as
the Directors think fit.
LIEN.
19. The Company shall have a lien on every share (not being
a fully paid share) for all moneys, whether presently payable or
not, called or payable at a fixed time in respect of such share ; and
the Company shall also have a first and paramount lien and charge
on all shares standing registered in the name of a member for all
the debts and liabilities of such member to the Company, and that
whether the same shall have been incurred before or after notice
to the Company of any equitable or other interest in any person
other than such member and whether the period for the payment
or discharge of the same shall have actually arrived or not, and
notwithstanding that the same are joint debts or liabilities of such

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Content

This file consists of two bound and printed pamphlets as follows:

1) Memorandum and Articles of Association of Petroleum Development ( Trucial Coast A name used by Britain from the nineteenth century to 1971 to refer to the present-day United Arab Emirates. ) Limited. Incorporated the 30th day of September, 1936. (folios 171-190).

2) Memorandum and Articles of Association of Petroleum Development (Qatar) Limited. Incorporated the 21st day of August, 1936. (folios 191-210).

Extent and format
1 file (2 files, 40 folios)
Physical characteristics

Condition: Two printed pamphlets with bound pages.

Foliation: The file's foliation sequence is written in pencil, circled, and is 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
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Memorandum and Articles of Association of Petroleum Development (Trucial Coast) Limited, and of Petroleum Development (Qatar) Limited [‎199r] (57/80), British Library: India Office Records and Private Papers, IOR/R/15/1/749/3, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100035849171.0x000005> [accessed 28 March 2024]

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