Page 240 - The Persian Gulf Historical Summaries (1907-1953) Vol III

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required, particulars of the quantities, descriptions and prices of Umm-al-Qaiwain
oil or products sold to other customers and of charters or contracts entered into
for carriage and shall exhibit to His Majesty’s Government original or authenti­
cated copies of contracts or charter parties entered into for the sale and/or carriage
of such oil or products.
(5) His Majesty’s Government shall be at liberty to take control of the works,
plant and premises of the Company in Umm-al-Qaiwain and in such event the
Company shall conform to and obey all directions issued by or on behalf of His
Majesty’s Government. Compensation shall be paid to the Company for any
loss or damage that may be proved to have been sustained by the Company by
reason of the exercise by His Majesty’s Government of the powers conferred by
this sub-clause. Any such compensation shall be settled by agreement between
His Majesty’s Government and the Company or, in default of agreement, by
arbitration in the manner provided by sub-clause (3).
Signed, Sealed and Delivered by the'
said Sir William Dawson Croft on I W. D. Croft.
behalf of His Majesty’s Government r
in the presence of: —
F. A. K. Harrison,
India Office.
The Common Seal of Petroleum Con-'
cessions Limited was hereunto affixed > (Seal)
in the presence of: —
J. Skliros,
Director.
E. J. Brown,
Secretary.

(a)
Letter, dated January 23, 1946, from the Political Agent, Bahrain, to the Ruler
of Umm-al-Qaiwain requesting him to agree to obtain His Majesty’s
Government’s approval before entering into negotiations with a bank
Text not available.

(b)
Letter dated January 31,1946, from the Ruler of Umm-al-Qaiwain to the Political
Agent, Bahrain, agreeing to the Request made in (a) above i
Your honourable letter dated 23rd January, 1946, corresponding to 20th Safar
1365 has reached me, the contents of which I have noted. In reply I inform Your
Excellency that should 1 wish to grant permission to a Bank to open a branch or
Agency for the Bank in my country as mentioned in Article 25 of the concession
I shall obtain the approval of His Majesty’s Government before entering into any
negotiations with the Bank.

No. 17
RAS-AL-KHAIMAH OIL CONCESSION
Concession Agreement between Petroleum Development (Trucial Coast), Limited,
and the Ruler of Ras-al-Khaimah, dated June 21, 1945
This Agreement made the twenty-first day of June One Thousand Nine
Hundred and Forty-five between His Excellency Shaikh Sultan bin Salem, Ruler
of Ras-al-Khaimah and its territories (hereinafter called “ The Ruler ”) of the first
part and Mr. Basil Henry Lermitte, attorney of Petroleum Development (Trucial
Coast), Limited (hereinafter called “ The Company ”), of the other part.
46467 2 H 2