Page 22 - The Persian Gulf Historical Summaries (1907-1953) Vol III_Neat
P. 22

18

                       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.
   17   18   19   20   21   22   23   24   25   26   27