Page 183 - The Persian Gulf Historical Summaries (1907-1953) Vol III_Neat

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(d) In giving a decision the arbitrators or the referee shall specify an adequate
period of delay, during which the party against whom the decision is given shall
conform to the decision, and that party shall be in default only if that party has
failed to conform to the decision prior to the expiry of that period and not
otherwise.
(c) The place of arbitration shall be such as may be agreed by the parties and
in default of agreement shall be London.

Article 25
The Company shall make all payments that become due to the Shaikh under
this Agreement into the Shaikh’s account at the Eastern Bank, Ltd., Bahrain,
and the Bank’s receipt shall be a full discharge for the Company in respect to the
payment of the sum stated in the Bank’s receipt.
Should the Shaikh decide to grant permission for a Bank to open a branch or
Agency in Dubai the Shaikh shall consult with the Company as to which Bank
shall be given the permission.
The Shaikh may from time to time designate in writing another Bank or Banks
for the purpose of this Article.
Article 26
The Shaikh may select in consultation with the Local Representative of the
Company, a local man—conversant with the English language—to act as a con­
fidential person as between the Shaikh and the Company’s Representative and to
assist in procuring the labour that the Company may require. The salary of the
Shaikh’s confidential person so appointed shall be paid by the Company through
the Shaikh in Dubai and shall be at the rate of Rupees Four hundred (400) per
month.
Article 27
This Agreement is written in English and translated into Arabic. If there
should at any time be disagreement as to the meaning or interpretation of any
clause in this Agreement the Engish text shall prevail.
In witness whereof the parties to this Agreement have set their hands the day
and year first above written.
And God is Gracious.

The Company, The Shaikh,
Frank Holmes. Said bin Maktum Al-Hasher.
(Signed in Arabic.)
In the presence of
T. Hickinbotham,
22nd May 1937. Political Agent, Bahrain.

No. 6
Political Agreement between His Majesty’s Government and Petroleum
Concessions Limited relating to the Dubai Oil Concession, dated
February 5, 1937

This Agreement dated the Fifth day of February One Thousand nine hundred
and thirty-seven is made between His Majesty’s Government in the United
Kingdom (hereinafter called “ His Majesty’s Government ”) of the one part and
Petroleum Concessions Limited (hereinafter called “ the Company ” which expres­
sion shall where the context so admits be deemed to include its successors and/or
assignees and shall also be deemed to include any subsidiary Company) of the other
part.
Whereas Petroleum Development (Trucial Coast) Ltd. is a subsidiary Company
of Petroleum Concessions Limited.
46467 2 A