Page 211 - The Persian Gulf Historical Summaries (1907-1953) Vol III

206
to them. On receipt of your reply His Majesty’s Government will obtain from the
Company formal confirmation of their acceptance of the arrangements and
will communicate such confirmation to you.

(b)
Letter, dated March 26, 1938, from the Ruler of Sharjah to the Political Agent,
Bahrain, confirming Acceptance of the Terms contained in (a) above
In reply to your letter dated the 20th Shauwal 1356 (No. 3), equivalent to
the 23rd December 1937, I beg to inform you that I have taken notice of the
conditions set out in your letter and that I agree to them.
I undertake, moreover, that I will be guided by the advice of His Majesty’s
Government in regard to my termination of the concessions which is referred to in
paragraph 3 (b) of your letter.

(c)
Letter, dated March 27, 1938, from the Political Agent, Bahrain, to the Ruler of
Sharjah requesting the latter to agree to obtain His Majesty’s Governments
Approval before entering into Negotiations with a Bank
With reference to the Agreement signed by you on the 17th September 1937
(No. 9) corresponding to the 11th day of Rajab 1356, granting to Petroleum
Concessions, Limited, an oil concession in respect of your territory, I have been
directed by His Majesty’s Government to inform you that, subject to the formal
confirmation by the Company of the arrangements described in my letter of the
23rd December, 1937 (No. 10 (a)), to which you have agreed in your letter of the
26th March 1938 (No. 10 (b)), corresponding to the 23rd Muharram 1357, they are
prepared to accord their approval to the concession provided you accept the
following condition, namely, that should you wish to grant permission to a Bank
to open a branch or agency in Sharjah, as mentioned in Article 25 of the Concession,
you will obtain His Majesty’s Government’s approval before entering into any
negotiations with the Bank.
Please let me know whether this condition is accepted by you.

<d)
Letter, dated March 30, 1938, from the Ruler of Sharjah to the Political Agent,
Bahrain, Agreeing to the Request in (c) above

In reply to your letter No. C/202-10/12, dated the 24th Muharram 1357,
equivalent to the 27th March 1938, I beg to inform you that should I wish to
grant permission to a Bank to open a branch or agency in Sharjah, I will obtain
His Majesty’s Government’s approval before entering into any negotiations with
the Bank.

(e)
Letter, dated May 23, 1938, from the Political Agent, Bahrain to the Ruler of
Sharjah, Informing him that the Arrangements contained in (a) above and
his Acceptance of them have been communicated to Petroleum Concessions
Limited
With reference to paragraph 4 of my letter No. C/929-10/12 dated the
23rd December 1937 (No. 10 (a)), I have been instructed by His Majestys
Government to inform you that the arrangements set forth in that letter and your