Page 22 - The Persian Gulf Historical Summaries (1907-1953) Vol III_Neat
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4. The Shaikh hereby assents to the transfer by the Company to the Bahrain
Petroleum Company Limited of all the rights of the Company under the said
Concession Agreement dated the second day of December One thousand nine
hundred twenty-five with the extensions of time provided for by the first two
paragraphs hereof and the modifications provided for by the third paragraph
hereof. The Company shall give to the Shaikh notice of the execution of any
assignment to the Bahrain Petroleum Company Limited and of the exact date
thereof in order that the same may be duly recorded.
5. In the event of any disagreement regarding the meaning or interpretation
of anything hereinbefore contained the English text shall be regarded as correct.
THE SCHEDULE
Conditions
A. The Bahrein Petroleum Company Limited as assignee of the Eastern and
General Syndicate Limited shall be and remain a British Company registered in
Canada but shall maintain an office in Great Britain which shall at all times be in
the charge of a British subject who shall be the recognised channel of communica
tion between the Company and His Majesty’s Government in the United Kingdom
of Great Britain and Northern Ireland.
B. Of the five Directors of the Bahrain Petroleum Company Limited one
Director shall at all times be a British subject who shall be persona grata to
His Majesty’s Government. His selection for appointment as Director shall be
made in consultation with His Majesty’s Government and his salary as Director
shall be provided by the Company. A reasonable time shall be allowed for the
replacement of the British Director in the event of this post falling vacant.
C. The Bahrain Petroleum Company Limited shall at all times maintain in
Bahrain an official to be called the “ Chief Local Representative ” of the Company
whose appointment shall be approved by His Majesty’s Government in the United
Kingdom and who shall be the sole representative of the said Bahrain Petroleum
Company Limited empowered to deal direct with the local authorities and
population in Bahrain. All communications which that official may desire on
behalf of the said Bahrain Petroleum Company Limited to address to the Shaikh
of Bahrain shall be made through the British Political Agent in Bahrain. For the
first five years after the said Bahrain Petroleum Company Limited starts to operate
in Bahrain or for such lesser period as such Company may operate in that territory
their “ Chief Local Representative ” shall be Major Frank Holmes. Provided the
arrangement between that Company and Major Holmes continues to be mutually
satisfactory to them during such five years or such lesser period above mentioned.
Provided also that any sooner determination of the appointment of Major Holmes
shall be subject to the consent of His Majesty’s Government which shall not be
unreasonably withheld. A reasonable time shall be allowed for the replacement
of the “ Chief Local Representative ” in the event of this post falling vacant.
D. As many of the employees of the Bahrain Petroleum Company Limited in
Bahrain as is consistent with the efficient carrying on of the undertaking shall at
all times be British subjects or subjects of the Shaikh of Bahrain.
Dated 12th June, 1930.
(Seal of Shaikh Hamad bin Shaikh Issa A1 Khalifah,
Shaikh of Bahrain.)
Before me,
(Signed) C. G. Prior,
British Political Agent, Bahrain.
Eastern and General Syndicate Limited,
(Signed) Frank Holmes,
By its Attorncy-in-Fact.