Page 24 - The Persian Gulf Historical Summaries (1907-1953) Vol III_Neat

20

calendar year deliver to the Shaikh an abstract of such accounts for such
year and a statement of the amount of royalty due to the Shaikh for such
year. Such accounts shall be treated as confidential by the Shaikh with the
exception of such figures therein as he may be required by law to publish."

Dated 15th February, 1933.
(Seal of Shaikh of Bahrain.)
Bahrain Petroleum Company Limited,
By (Signed) Frank Holmes,
Its Attorney-in-Fact.
Before me,
(Signed) G. Locii.
(Seal of the Political Agent, Bahrain.)

(c)
[Supplementary Agreement dated November 21, 1933, between the Bahrein
Petroleum Company and the Ruler of Bahrain, extending for a period of
13 months from December 2, 1933, the Prospecting Licence granted
under the 1925 Concession Agreement, and setting out the conditions in
regard to the Monthly Payments to be made to the Ruler under the
Concession Agreement.

Supplementary Agreement between His Excellency Shaikh Hamad Bin Shaikh
Tsa A1 Khalifah, Shaikh of Bahrein, C.S.I., acting on the advice of the
Honourable the Political Resident in the Persian Gulf and The Bahrein
Petroleum Company Limited Witnesses that: —
1. The Prospecting License granted by the Concession Agreement as extended
by the Supplementary Agreement dated the Thirteenth day of December One
thousand nine hundred and thirty-two shall be and the same is hereby extended
for and during the further period of thirteen months from the Second day of
December One thousand nine hundred and thirty-three.
2. The Bahrein Petroleum Company Limited shall make to His Excellency
Shaikh Hamad the following payments and advance that is to say: —
(ia) For the Private Purse of His Excellency Shaikh Hamad a payment of
Rupees Twelve thousand (Rs. 12,000) not later than fourteen (14) days
from the date of this Agreement and thereafter thirteen (13) equal
monthly payments each of Rupees One thousand (Rs. 1,000). The first
of such monthly payments shall be made one month from the date
of payment of the said Rupees Twelve thousand (Rs. 12,000). The
remaining thirteen (13) monthly payments each of Rupees one thousand
(Rs. 1,000) shall be made on the same day of each succeeding month.
(b) For the Public Purse of His Excellency Shaikh Hamad an amount of
Rupees Seventy-five thousand (Rs. 75,000) in thirteen (13) monthly
instalments the first of which Rupees Five thousand seven hundred and
seventy-two (Rs. 5,772) shall be paid not later than fourteen (14) days
from the date of this Agreement. The Twelve (12) remaining equal
monthly payments each of Rupees Five thousand seven hundred and
sixty-nine (Rs. 5,769) shall be made on the same day of each succeeding
month. Rupees Twenty-five thousand (Rs. 25,000) of this amount
shall be non-recoverable but the remaining Rupees Fifty thousand
(Rs. 50,000) shall be an advance provided that such advance shall be
repaid to the Bahrein Petroleum Company Limited as follows
namely: —
If and when the royalty due to His Excellency Shaikh Hamad
for any one year exceeds Rupees Sixty thousand (Rs. 60,000) the
Bahrein Petroleum Company Limited shall deduct and retain or