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Coll 30/144 'Oil: Proposed transfer of the "beneficial ownership" of certain shares in the Kuwait Oil Co. held by the Anglo-Iranian Oil Co.' [‎11r] (21/41)

The record is made up of 1 file (19 folios). It was created in 31 Dec 1936-7 Jun 1937. 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

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A
yv
>
\
My dear Fraser,
With further reference to your
letter of the i51st December I ani desired
to say that H.M.G. would be prepared to
acquiesce in the proposal that the
"beneficial ownership" of the Anglo-
Iranian Oil Company^ holding in the
Kuv/ait Oil Company should be transferred
to the D>Arcy Exploration Company Ltd*
on the understanding that if at any
time the Anglo-Iranian Oil Company
should contemplate transferring any of
their holding of shares in the D»Arcy
Exploration company to any Company or
person whatsoever, or if at any time
the D»Arcy Exploration Company Limited
should, after acquiring the "beneficial
ownership" of the Anglo-lranian Oil
Company 1 s holding in the Kuwait Oil
Company, contemplate transferring any
portion of such beneficial interest to
any Company or person whatsoever, the
companies would, before taking any such
steps, first inform H.E.G. of their
desire(to do so, in order to give the
latter an opportunity of considering
their attitude in the matter.
It is, of course, understood that
the position remains as at present if
at any time in the future the Anglo-
lranian/

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Content

The file concerns a proposal by the Anglo-Iranian Oil Company Limited to transfer the 'beneficial ownership' of the shares the company held in the Kuwait Oil Company Limited to the D'Arcy Exploration Company Limited.

The papers show that 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 Foreign Office consented to the company's proposal, on condition that no subsequent transfer of relevant shares or beneficial ownership should be made without the approval of HM Government.

The file includes a divider, which gives a list of correspondence references contained in the file by year. This is placed at the back of the correspondence.

Extent and format
1 file (19 folios)
Arrangement

The papers are arranged in approximate chronological order from the rear to the front of the file.

Physical characteristics

Foliation: the foliation sequence (used for referencing) commences at the inside front cover with 1, and terminates at the last folio with 20; 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.

Written in
English in Latin script
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Coll 30/144 'Oil: Proposed transfer of the "beneficial ownership" of certain shares in the Kuwait Oil Co. held by the Anglo-Iranian Oil Co.' [‎11r] (21/41), British Library: India Office Records and Private Papers, IOR/L/PS/12/3879, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100049390593.0x000018> [accessed 28 March 2024]

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