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File 74/1915 Pt 2 'German War: Banks at Basra +c. - the Eastern Bank' [‎152r] (312/436)

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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 Documents collected in a private capacity. .

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INDEX TO CLAUSES OF AGREEMENT.
CLAUSE.
PAGE
1. Agreement to come into operation on the 1st September, 1913 -
2. Bank to transact Government banking business without charge except in
certain cases ______
3. Bank to credit the current account with moneys paid in and to honour
cheques drawn by duly authorised persons ...
4. Government to pay interest on the deficiency of the current account
below Rs. 150,000, and the flank on the excess over that sum
5. Bank to allow overdrafts not exceeding Rs. 300,000 - - -
6. Interest to be debited or credited to current account half-yearly -
7. Rules for keeping the current account - - - -
8. Bank to receive moneys on deposit account and pay interest thereon
9. Interest on deposit account to be credited half yearly - - -
10. Remittances or transfer of funds - - - -
11. Bank to purchase sterling drafts of Government at specified rates
12. Bank to sell Government sterling drafts on favourable terms
13. Bank to keep current accounts of Officers free of charge
14. Bank to receive salaries of Officers . _ - -
15. Bank to refund amounts overpaid on salaries of Officers
16. Rate of exchange of remittances by Bank to Officers of Government
17. Government to provide free transport of specie
18. Bank to render accounts, &c. - - -
19. Bank to give security - - - -
20. Appointment of new Trustees of security
21. Power to invest guarantee fund and provisions as to income on same
22. Bank not to assign this Agreement without permission
23. Power for Government to determine this Agreement on liquidation of
the Bank, &c. - - -
24. Power for either party to determine Agreement on notice
25. Notices - - -
26. No personal liability to Secretary of State, Government Officer or
Crown Agents -
27. This Agreement to be an English Agreement
28. Marginal notes - • ~ '

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Content

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)
Arrangement

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
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File 74/1915 Pt 2 'German War: Banks at Basra +c. - the Eastern Bank' [‎152r] (312/436), British Library: India Office Records and Private Papers, IOR/L/PS/10/529, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100048311415.0x000071> [accessed 23 April 2024]

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