'F 80 File 82/34 I APOC Concession' [98] (189/436)
The record is made up of 1 volume (221 folios). It was created in 21 Oct 1932-26 Jan 1933. It was written in English. The original is part of the British Library: India Office The department of the British Government to which the Government of India reported between 1858 and 1947. The successor to the Court of Directors. Records and Private Papers Documents collected in a private capacity. .
Transcription
This transcription is created automatically. It may contain errors.
6
and has at no time furnished any part of the capital
required.
The Anglo-Persian Oil Co., Ltd., was formed in
year 1909 to acquire the D'Arcy Concession, and has
since been recognised throughout by all successive
Persian Governments as the owner of this Concession.
The Concession provided that there was to be paid
to the Persian Government annually a sum equal to
16 per cent, of the annual net profits of any Company or
Companies that might be formed in accordance with
the terms of the Concession to operate the same. This
constituted the royalty reserved by the Concession.
The only power of cancellation contained in the Con
cession was a provision that if within two years from
the date of the Concession the Concessionnaire should
not have established the first Company to operate the
Concession, the Concession should become null and void.
That clause never came into operation, by reason of the
formation of the First Exploitation Company in 1903,
and, apart from that clause, there is no provision in the
Concession entitling the Persian Government to cancel
it.
The D'Arcy Concession did not attempt to define the
basis on which the annual net profits of any Company or
Companies formed to exploit the Concession were to be
arrived at in calculating the Persian Government
royalty. It is obvious that the phrase " net profits " is
open to various interpretations, and when, after some
15 years' work on the Concession, profits were fi^t
derived from the Concession, questions soon arose betwel I
the Company and the Persian Government as to the
manner in which the " net profits " on which the
About this item
- Content
The volume contains correspondence and telegrams between His Majesty's Minister at Teheran, the Political Resident A senior ranking political representative (equivalent to a Consul General) from the diplomatic corps of the Government of India or one of its subordinate provincial governments, in charge of a Political Residency. at Bushire and Anglo-Persian Oil Company (APOC) representatives in regard to the cancellation, on 27 Nov 1932, of the 1901 D'Arcy Concession, because APOC was not acting in the interest of Persia in reducing the oil production in 1932. The British Government considered escalating the breach of the concession to the International Court of Justice considering it a dispute between the Persian Government and the British Government. The volume contains: APOC's report on the 'Situation in Persia' (folios 87-92) and letter from the Deputy Chairman of APOC to the Company's Stakeholders to inform them (folios 93-107). The volume also includes copies of articles from The Times and copies of printed documents related to the dispute, including the agreement with D'Arcy (folios 219-231).
- Extent and format
- 1 volume (221 folios)
- Arrangement
The documents in the volume are mostly arranged in chronological order. There are notes at the end of the volume, (folios 237-239). The file notes are arranged chronologically and refer to documents within the file; they give a brief description of the correspondence with reference numbers in red crayon, which refer back to that correspondence in the volume.
- Physical characteristics
The foliation is in pencil, in the top right corner of the recto The front of a sheet of paper or leaf, often abbreviated to 'r'. of each folio. The numbering begins on the title page, on number 1, then 1A, 1B, 1C, 1D, 1E, 1F, 1G and 1H; 2-27; 28-40 are skipped or omitted; 41-124; 125-135 are skipped or omitted; 136-146; 147-155 are skipped or omitted; 156-185; 186 and 187 are skipped or omitted; 188-201; 202 and 202A and then it carries on until 245, which is the last number given on the last folio of the volume. Between 93 and 107 the folios are paginated.
- Written in
- English in Latin script View the complete information for this record
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'F 80 File 82/34 I APOC Concession' [98] (189/436), British Library: India Office Records and Private Papers, IOR/R/15/1/635, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100023834773.0x0000be> [accessed 24 November 2024]
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Copyright: How to use this content
- Reference
- IOR/R/15/1/635
- Title
- 'F 80 File 82/34 I APOC Concession'
- Pages
- 93:106, 107r, 107v
- Author
- Fraser, W
- Copyright
- ©BP is believed to be the rightsholder
- Usage terms
- Creative Commons Non-Commercial Licence