File 74/1915 Pt 2 'German War: Banks at Basra +c. - the Eastern Bank' [148v] (305/436)
The record is made up of 1 volume (212 folios). It was created in 6 Mar 1915-23 Jan 1918. 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.
This transcription is created automatically. It may contain errors.
the credit of the Government or its nominees at the place to or at
which the remittance or transfer is to be made.
The Bank to render 10. The Bank from time to time and at any time at its
GTvTrmnentor t0 the e own expense shall render to the Government all such information
Crown Agents. acc0 mits and returns relative to the current and deposit accounts
and remittance business of the Goverment and to the rates
of interest for the time being charged or allowed and to the charges
for the time being made by the Bank to its customers in any of the
cases hereinbefore mentioned and to any other matters in anywise
connected with this Agreement as the Governor or the Crown Agents
may require and shall verify such information accounts and returns
in such manner as the Governor or the Crown Agents may require.
The Bank to give
security for the per
formance of this
Agreement and for
11. By way of security for the due performance by the Bank of
this Agreement and for the balances which may from time to time
be owing by the Bank on or in respect of the accounts of the Govern
ment the Bank shall forthwith at its own expense deposit to the joint
credit of the said Montagu Frederick Ommanney and Ernest Edward
Blake with the Bank of England, London, E.C., the sum of £10,000
and such sum shall be held by the said Trustees thereof or by other
the Trustees or Trustee for the time being thereof as and for such
security as aforesaid and shall be charged accordingly but so that
subject to such charge such sum or so much thereof as shall not have
been applied or be applicable for the purposes of such charge shall
upon the determination of this Agreement be transferred to the Bank.
Provided always that the said security shall be in addition and
without prejudice to such preferential rights as the Government may
now or at any time hereafter have against the Bank or its assets by
virtue of any prerogative statute or ordinance or otherwise howsoever.
As to appointment of iz. The Statutory power of appointing new trustees of the said
sum deposited°by he sum of £10,000 shall be vested in Her Majesty’s Secretary of State for
way of security. ^ Q 0 i 0n i e s for the time being. The costs, charges and expenses of
or incidental to every such appointment or any dealing with the said
security or the said charge shall be paid and borne by the Bank.
13. The said sum of £10,000 shall at the request of the Bank
Power to invest ^ _ x
Guarantee fund and be invested in the names of the said Trustees in such stocks funds or
provisions as to , _
income on same. securities as shall have been previously approved by the Government
and any income arising from the said sum of £10,000 or the invest
ments for the time being representing the same shall be paid to the
About this item
The file consists of correspondence and other papers mostly related to the Eastern Bank being invited by the Secretary of State for India to open a branch at Basra and to conduct the banking business of the Government of India at Basra. It also includes papers relating to: the Eastern Bank offering the services of their Baghdad branch to the Government of India, and the status of the Baghdad branch; the proposal of the Eastern Bank to open new branches at Ahwaz, Dizful [Disful] and Bahrein [Bahrain]; the Bank’s suggestion that all its employees in India should be exempted from military service (in the First World War); and applications for passports by the Bank for Bank employees.
The file mainly consists of internal 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. notes, Minute Papers, and Reference Papers, and correspondence between 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 the following: the Manager of the Eastern Bank, Limited, London; the Viceroy of India, Foreign Department; and the Foreign Office. It also includes 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. correspondence with the Treasury, the Colonial Office, the Imperial Bank of Persia, the War Office, and other correspondents.
The file includes a divider which gives the subject number, the year the subject file was opened, the subject heading, and a list of correspondence references by year. This is placed at the back of the correspondence.
- Extent and format
- 1 volume (212 folios)
The papers are arranged in approximate chronological order from the rear to the front of the file.
The subject 74 (German War) consists of four volumes, IOR/L/PS/10/528-531). The volumes are divided into six parts, with parts 1, 2 and 3 comprising one volume each, and parts 4, 5 and 6 comprising the fourth volume.
- Physical characteristics
Foliation: the foliation sequence (used for referencing) commences at the first folio with 1 and terminates at the last folio with 212; 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.
The foliation sequence does not include the front and back covers, nor does it include the leading and ending flyleaves.
- Written in
- English in Latin script View the complete information for this record
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