'File 5/2 II Kuwait Neutral Zone' [102r] (208/496)
The record is made up of 1 file (244 folios). It was created in 4 Dec 1934-28 Feb 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.
-5-
future payments to the new bank. It is agreed that Government
will designate such Bank in Saudi Arabia, or in the United States
of America, or in iSngland, or in Holland, but that no bank in
Saudi Arabia will be so designated unless such bank has a
correspondent in United States of iuaerica, England or Holland
through which Bank transfers of money to Saudi Arabia may be
made. Once the Company has made the proper payment to the
Government or has deposited the proper sum to such correspondent
for transfer to a bank in Saudi Arabia, the Company shall be
free porf all further responsibility in connection with payment.
It is agreed however that the first payment of thirty five
thousand pounds gold, or its equivalent (comprising the first
payment and the first annual rental) shall be roade, within
fifteen days after the effective date of this agreement, to a
correspondent in New York or in London, of Netherlands Trading
Society (Nederlandsche Handel-Mastschappij) at Jedda, Saudi
Arabia, to be transmitted without delay, and at the expense of
the Company, to said society and to be delivered to the Govern
ment upon obtaining a proper receipt from the Government for
such payment. If this first payment is not made in gold, it
will be made in pounds sterling at the current rate of exchange
at the time the Company makes the payment to such correspondent.
Article 17 .
As soon as practicable after the date of discovery of oil
in commercial quantities, the Company shall select some point
within ^audi Arabia for the erection of a plant for manufactur
ing sufficient gasoline and kerosene to meet the ordinary re
quirements of the Government, providing of course that the
character of the crude oil found will permit of the manufacture
of such products on a commercial ioMclMsx basis by the use of
ordinary refining methods, and provided further that the amount
of oil developed is sufficient for the purpose. It is under
stood that the orflinary requirements of the Government shall not
include resale inside or outside of the country. Upon the
completion of the necessary preliminary arrangements, and as
soon as the Company has obtained the Government’s consent to
the proposed location, the Company shall proceed with the
erection of such plant. During each year following the date
of completion of this plant, the company shall offer free to
the Government, in bulk, two hundred thousand American gallons
of gasoline and one hundred thousand gallons of kerosene, it
being understood that the facilities provided by the Government
for accepting these deliveries shall not impede or endanger
the Company’s operations.
Article 18 .
The Company, at its own expense, will employ the necessary
number of gS s’and guid s to protect its representatives its
Xps and installations. The Government
fullv in supplying the best soldiers and men available xor this
fully i PP o' » furnishing every reasonable protection,
«r™?es not ®ceeding those customarily paid by the Government
^!L ?or^i^ilar services, it being understood that the
expense lor such services shall be paid by the Company through
the Goverfcment.
Article 19 .
In -eturn for the obligations assumed by the Compaq under
this contract, and for the payments required
direct and indirect taxes, imposts, °haxg.,s, (inoludinj .
About this item
- Content
This file contains correspondence pertaining to the negotiations between various oil companies, the British Political Residency An office of the East India Company and, later, of the British Raj, established in the provinces and regions considered part of, or under the influence of, British India. in the Persian Gulf The historical term used to describe the body of water between the Arabian Peninsula and Iran. , and the British Government on the initiation of oil extraction operations in the Neutral Zone between Iraq, Kuwait, and Saudi Arabia. Some papers include negotiations with the Iraq Oil Company and the Standard Oil Company of California.
- Extent and format
- 1 file (244 folios)
- Arrangement
The papers are arranged in approximate chronological order from the front to the rear of the file.
- Physical characteristics
Foliation: the main foliation sequence (used for referencing) commences at the inside front cover with 1 and terminates at the inside back cover with 246; these numbers are written in pencil, are circled, and are located at the top right corner of the recto The front of a sheet of paper or leaf, often abbreviated to 'r'. side of each folio.
An additional foliation sequence is present in parallel between ff 4-241; these numbers are also written in pencil, but are not circled.
- Written in
- English in Latin script View the complete information for this record
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'File 5/2 II Kuwait Neutral Zone' [102r] (208/496), British Library: India Office Records and Private Papers, IOR/R/15/5/253, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100038038991.0x000009> [accessed 17 April 2024]
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Copyright: How to use this content
- Reference
- IOR/R/15/5/253
- Title
- 'File 5/2 II Kuwait Neutral Zone'
- Pages
- 98r:106v, 130r:131v, 202r:216v,
- Author
- Unknown
- Usage terms
- The copyright status is unknown. Please contact copyright@bl.uk with any information you have regarding this item.