'Lord Curzon's Notes on Persia' [‎27v] (55/1386)

2
At the same time, my Lords wish it to be clearly understood that this step
does not in any way prejudge the question of the approval of the Deed of Set
tlement, which must be considered entirely on its own merits, and, if the Deed
should fail to secure the required approval of this Board it will be open to my
Lords to exercise the right conferred by the Charter of recommending its revo
cation.
Inclosed is a copy of the Charter as sent to the Council Ofice.
I am, &c.,
(Signed) R.E.WELBY.
Inclosure 2 in No. 1.
Draft Charter.—Persian Bank.
IMPERIAL BANK OF PERSIA.
Charter of Incorporation.
Victoria, by the Grace of God, of the United Kingdom of Great Britain and
Ireland Queen, Defender of the Faith, Empress of India, to all to whom
these presents shall come, greeting :
WHEREAS it has been represented to us that the persons hereafter
named have obtained from His Imperial Majesty the Shah of Persia a Conces
sion, dated on a day equivalent to the 30th day of January, a.d. 1889, with
several Appendices thereto bearing subsequent dates, and Additional Articles
dated on a day equivalent to the 27th day of July, a.d. 1889, and are desirous
of forming a Joint Stock Company for the purpose of establishing and carrying
on a bank in Persia in pursuance of the said Concession :
And whereas for the better accomplishing those objects the said persons
have humbly besought us to grant to them, and to the several other subscribers
of the capital of the Company, our Royal Charter of Incorporation which we
are minded to do under the conditions and subject to the restrictions and provi
sions hereinafter contained :
Now know ye that as well upon the prayer of the said persons as also of
our especial grace, certain knowledge an 1 mere motion we have granted consti
tuted, ordained, and appointed, and by these our presents do grant, constitute,
ordain, and appoint, as follows :—
1. Our trusty and well-beloved Baron Julius de Reuter, of Kensington
Palace Gardens, in the County of Middlesex; Baron John Henry William
Schroder, of No. 145, Leadenhall Street, in the City of London, merchant;
Reuben David Sassoon, of No. 12, Leadenhall Street, in the said City ofLondon
merchant ; and Walpole Greenwell of No. 21, Finch Lane, in the said City of
London stockbroker ; and such other persons and bodies politic and corporate
as may become proprietors of any share or shares in the capital of the Company
hereby established, and their respective executors, administrators, or assigns,
shall be one body politic and corporate by the name of the Imperial Bank of
Persia, and by that name shall and may sue and be sued in all Courts, and
shall have perpetual succession, with a common seal, which may be by them
varied and changed at their pleasure.
2. The Company hereby incorporated (hereafter in this our Charter refer
red to as" the Company ” ) shall be established for the purpose of carrying on
for a term of thirty years, commencing from the date of this our Charter (which
term is hereinafter referred to as the term of the Charter), the business of a
banker in Persia, but not elsewhere, save and except that they may carry on
by or through agencies such financial operations as being commenced in Persia
have to be continued elsewhere, or being commenced elsewhere have to be