Page 299 - Historical Summaries (Persian Gulf - Vol II) 1907-1953

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Article 3.—In the event of the currency in general use in Sharjah being at
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son e future time changed the necessary amendment of Article 2 of this Agreement
shall be arranged between the Ruler of Sharjah and the Bank.
Article 4.—U the Bank require guards they will be provided by the Ruler of
aharjah, their wages being paid for by the Bank.
Article 5. The Bank must observe the Moslem’s general holidays. In case of
uncertainty the Ruler of Sharjah should be referred to on the subject.
Article 6.—The Bank notices must be exhibited in Arabic as well as in English
on the premises of the Bank.
Article 7.—The Bank shall dismiss any employee who has been found guilty of
misconduct or misbehaviour. If the employee is not a Sharjah subject and if he was
engaged abroad by the Bank, his return to the place of his engagement shall be
arranged by the Bank. If the employee is not a Sharjah subject and if deportation
is necessary, it shall be arranged by the Bank through the Political Agent, or if a
Sharjah subject the matter shall be referred to the Ruler.
Article 8.—Sharjah subjects will be employed as clerical and menial staff if
available and found suitable otherwise British subjects or nationals under British
jurisdiction (the latter after consultation with the Ruler and his agreement) should
be employed until such time as Sharjah subjects, at the discretion of the Bank, are
available.
Article 9.—The Bank will not compel any Sharjah subject employed in the
Bank to wear dress other than that which he usually wears.
Article 10.—This Agreement holds good for a period of twenty years and is
subject to renewal after that period.
Article 11.—It is agreed that the Bank have the right to withdraw from Sharjah
at any time during the period of this Agreement after giving reasonable notice.
Such withdrawal shall be considered to terminate this Agreement.
Article 12.—It is agreed that the Bank will open at Sharjah within one month
of the signing of this Agreement.
Article 13.—This Agreement is written in English and Arabic If there should
at any time be disagreement as to the meaning or interpretation of any article in
this Agreement the English and Arabic texts shall have equal status.
In witness whereof the parties to this Agreement have set their hands the
day and year first above written.
(Signed) RULER OF SHARJAH.
On behalf of The British Bank
of the Middle East:
K. BRADFORD.

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(Paragraph 144)
Subsidiary Agreement between the Ruler of Sharjah and the British Bank of the
Middle East, dated February 5, 1953
To the Ruler of Sharjah.
Your Excellency,
It is understood that, at the time of the Banking Agreement signed on
5th February 1953 between yourself and this Bank, our Sharjah Office will
open to the public during the forenoon on two days a week only.
Should the volume of work in the future appear to justify it, the Bank will
extend its days of opening to the customary maximum of six days a week, any
such alteration being entirely at the Bank’s discretion.
For The British Bank of the Middle East:
(Signed) K. BRADFORD.
Manager, Sharjah.
We confirm receipt of the above letter, contents of which have our agreement.
(Signed) RULER OF SHARJAH.