مراسلات وأوراق مطبوعة وقصاصات صحفية تتعلق بشركة البنك الفارسي لحقوق التعدين المحدودة [ظ‎‎٢‎٢‎٣] (٥٨٦/٤٨٥)

The Imperial Bank of Persia has entered into a conditional contract for sale ot these mining
Privileges and rights to the Company. The purchase price has been fixed at £800,000 to be paid as
respects £150,000 in cash and the balance by the allotment to the Bank ot li 6 oO ,000 m ,
fully paid-up Ordinary Shares of £5 each in the Company.
The £350,000 of Capital obtained by this issue will provide for the above-mentioned cash
payment to the Bank, and the residue of the Capital, viz., £200,000, will, it is anticipated, be amply
sufficient to explore the whole mineral resources of the Empire, to develop and work such of the
mines as the Company may deem it expedient to work themselves, and to make the preliminary
developments and surveys previous to ceding any mines to subsidiary Companies.
The Mining Engineers already sent out by the Bank will be transferred to this Company.
It is anticipated that large returns will be obtained by the sale of mining rights to subsidiary
Companies.
The profits for each year will be applicable, first to the payment of dividends up to 10 per
cent, per annum on the Preferred Ordinary Shares, and next to the payment of dividends up to 10 per
cent, per annum on the Ordinary Shares, and after payment of such respective dividends, one half of
the surplus profits will be applied in payment of dividends on the £350,000 Preferred Ordinary
Shares, and the other half in payment of dividends on the £650,000 Ordinary Shares.
In order that the Company may commence business with its Capital intact, the present issue
is made at a premium, and an agreement has been entered into with Messrs. J. Henky Scheoder & Co.
and Messrs. David Sassoon & Co., that in consideration of such premium they guarantee the placing
of the whole of the Preferred Ordinary Shares, and are to pay and indemnify the Company against all
the expenses of forming and establishing the Company, including all registration fees, legal expenses,
stamp duty, brokerage and other expenses, down to the final general allotment of shares.
Copies of the Concession from the Imperial Government of Persia, and of the Contract dated the
IfthotApnHSg 0 , between the imperial Bank of Persia and this Company ; also of the Contract dated
l f d P 1 189 °’ betWeen tiis C ° m P a V and Messrs. J. Henry Schroder & Co. and Davjd
assoon c O., a so of the Reports ol Dr. Tietze and General Schindler, together with the book of
the mines excepted from the c “ i011 ’ be ^ ^
per Share.
Applications for Shares must be made in the annexed form, accompanied by a deposit of 10 a.
In cases where no allotment is msrio fWa v t
amount allotted is less than that applied for the surnl ^ ” '• 1 0 ° returned in full > and wh ere the
due on allotment. PP ^ ^ SU 1 P lus de P» d s will be applied towards the payment
22nd ini 16 ^h 801 '^ 011 ^ ^ M ° nd V> ^Ist, and be closed on or before Tuesday, the
Brokers, MeLs. W. Greenwell JU^EC ^ ^ l8SUing Houses > and from the
London, 18^ April, 1890.