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File 74/1915 Pt 2 'German War: Banks at Basra +c. - the Eastern Bank' [‎155v] (319/436)

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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.

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6
>
y t
Power to
invest guar
antee fund
and provisions
as to income
on same.
Bank not to
assign this
Agreement
without
permission.
21. The said sum of £7,000 Two-and-a-Half per Cent.
Consolidated Stock shall at the request of the Bank be invested
in the names of the said Trustees in any stocks funds or
securities for the time being authorised by law for the investment of
Trust Funds in England and any income arising from the said sum of
£7,000 Two-and-a-Half per Cent. Consolidated Stock or such invest
ments or moneys representing the same shall be paid to the Bank in
England from time to time as it becomes due but only if and so long
as the Bank shall duly perform this Agreement.
22. The Bank shall not assign or otherwise dispose of this Agree
ment or any part thereof or any interest therein or sub-let any of the
services to be rendered to any persons or person or to any other Com
pany without the previous permission of the Government certified in
writing under the hand of the Grown Agents or of the Governor of the
Protectorate and so that such permission may be withheld without any
reason being assigned therefor or may be granted upon such terms and
subject to such conditions certified as aforesaid as the Government
may think fit and no such assignment disposition or sub-letting shall
in any way exonerate the Bank from any liability under this
Agreement.
Power for 23. If an Order shall be made by a Court of competent juris-
t G o 0 ret“e diction or an effective resolution shall be passed for the winding-up of
the Bank or if the Bank shall at any time commit any breach of this
t^Bank^&c! Agreement or shall cease to carry on banking business at Entebbe
and Kampala or at either of those places the Government may by
notice in writing to the Bank forthwith determine this Agreement
and the same shall accordingly immediately upon the giving of such
notice be determined.
Power for 24. The Government may at any time by giving to the Bank
todetermine three calendar months’ previous notice in writing and the Bank may
m*\ce Uent n at any time by giving to the Government six calendar months’ previous
notice in writing determine this Agreement and neither party shall be
bound to assign any reason therefor and upon the expiration of either
of such notices this Agreement shall be determined.
25. Any notice to the Bank under or in connection with this
Agreement may be given by leaving the same addressed to the Bank
at its principal Office in the Protectorate or at its Registered Office in
England and every such notice shall be deemed to be given at the
time when the same shall be so left. Any notice authority or other
act of or on the part of the Government under or in connection with
this Agreement shall be sufficient and binding on the parties hereto if
the same be in writing and signed by the Governor for the time being
of the Protectorate or by one of the Crown Agents.

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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' [‎155v] (319/436), British Library: India Office Records and Private Papers, IOR/L/PS/10/529, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100048311415.0x000078> [accessed 5 December 2019]

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