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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.' [‎15v] (30/41)

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. .

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17th February 1934.
If it is desired to continue the effect of
that letter it would presumably be necessary to ensure
that the D T Arcy Company continues to be controlled and
owned by the Anglo-Iranian Company.
They should, therefore, be asAed to state
whether they agree that they will inform His Majesty's
Government of any proposal to transfer any of their
holding of shares in the D'Arcy Exploration Company
Ltd. , or if in future the legal title to the shares of
the Kuwait Oil Co. is transferred to the L'Arcy
Exploration Co^in order that His Majesty's Government
may have an opportunity of considering their attitude
towards such a proposal.
The Anglo-Iranian Oil Company should also be asked to sen<jl a
copy of the letters or the agreement referred to in the last
paragraph of Mr. Hearn's letter of the 31st ultimo.
The D'Arcy Company should be asked to furnish
fetter to the effect that if at any time it should
contemplate alienating its beneficial interest in its
holding of the Kuwait Oil Company or transferring its
legal title in such holding, it will before taking any
Steps therefor first inform His Majesty's Government of
its desire so to do in order that His Majesty's Governmenjt
may have an opportunity of considering their attitude
towards such proposals.
No doubt you will ascertain the viev/s of the
Foreign Office on the proposed arrangement.
Z2Z- 3 7-
° W'- 4 -

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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.

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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.' [‎15v] (30/41), British Library: India Office Records and Private Papers, IOR/L/PS/12/3879, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100049390593.0x000021> [accessed 18 April 2024]

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