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Correspondence, Printed Papers and Newspaper Cuttings Relating to the Persian Bank Mining Rights Corporation Ltd [211r] (460/586)
The record is made up of 2 volumes (276 folios). It was created in 1 Jul 1889-20 Dec 1892. It was written in English and German. 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.
MINING EIGHTS CORPORATION, LIMITED.
13
fit, but no sale shall be made until such period as aforesaid shall have
arrived, and until notice in writing of the intention to sell shall have
been served on such Member, his executors, or administrators, and
default shall have been made by him or them in the payment,
fulfilment, or discharge of such debts, liabilities or engagements, for
seven days after such notice.
27. The net proceeds of any such sale shall be applied in or
towards satisfactiop of the debts, liabilities or engagements, and the
residue (if any) paid to such Member, his executors, administrators,
or assigns.
28. Upon any sale after forfeiture or for enforcing a lien in
purported exercise of the powers hereinbefore given, the Directors
may cause the purchaser’s name to be entered in the Register in
respect of the shares sold, and the purchaser shall not be bound to
see to the regularity of the proceedings or to the application of the
purchase-money, and after his name has been entered in the Register
the validity of the sale shall not be impeached hy any person, and the
remedy of any person aggrieved by the sale shall be in damages only
and against the Company exclusively.
CONVERSION OE SHARES INTO STOCK.
/
29. The Company may, by Special Resolution, convert any paid
up shares into stock. When any shares have been converted into stock
the several holders of such stock may thenceforth transfer their re
spective interests therein, or any part of such interests in the same
manner, and subject to the same regulations and restrictions as and
subject to which shares in the Company’s capital may then he transferred,
or as near thereto as circumstances will admit. But the Directors
may from time to time, if they think fit, fix the minimum amount of
stock transferable, and direct that fractions of a pound shall not be
dealt with, with power, nevertheless, at their discretion, to waive such
rules in any particular case. The ordinary capital shall not be con
verted into stock so long as the distinctive series prove to be the ordi
nary shares, and the preferred shares only continue to exist.
30. The stock shall confer on the holders thereof respectively
the same privileges and advantages as regards participation in profits
and voting at Meetings of the Company, and for other purposes as would
have been conferred by shares of equal amount in the capital of the
Company, but so that none of such privileges or advantages, except
the participation in profits of the Company, shall be conferred by any
such aliquot part of consolidated stock as would not, if existing in
4
Application
of proceeds
of sale.
Validity of
sales.
Conversion of
shares into
stock.
Eighcs of
Stockh dders.
About this item
- Content
These papers, which are spread across two volumes, contain material relating to mines and mining rights in Persia, and more specifically to the affairs of the Persian Bank Mining Rights Corporation Limited, of which George Nathaniel Curzon was a director.
The first part (26 March 1890-27 March 1892) is mostly comprised of received correspondence regarding Curzon's appointment to the board of directors of the recently formed Persian Bank Mining Rights Corporation and the company's interests in mines and mining rights in Persia. Also included in this part are facsimiles of company correspondence and reports, forwarded to Curzon by the company's Secretary, Lewis Hamilton, concerning the company's affairs, with discussion of existing and potential mining sites in Persia. Notable correspondents in this part include Edward Albert Sassoon of David Sassoon and Company, as well as fellow board members and other representatives and associates of the Persian Bank Mining Rights Corporation such as Lewis Hamilton, Sir Lepel Henry Griffin, and Albert Houtum-Schindler.
The second part (1 July 1889-20 December 1892) consists of Curzon's own handwritten notes plus a selection of reports, printed papers, newspaper cuttings, and correspondence, not only on mining and mining rights in Persia, but also regarding the affairs of the Persian Bank Mining Rights Corporation. It includes a list of those mines that are privately-owned and those that have been given in lease by the Persian Government, as well as details of Persian mines that are at the disposal of the Imperial Bank of Persia. Papers directly relating to the Persian Bank Mining Rights Corporation include copies of a memorandum and articles of association, as well as circulars, balance sheets, and a copy of extensive correspondence between the company and Houtum-Schindler. Also included is a copy of the general report of another company, the Persian Road and Transport Company, dated March 1891.
Among the papers are four plans: three of the Elburz [Alborz] mountains (folios 33, 36 and 45) and one showing transport routes across Persia (folio 266).
The German language material consists of three book titles cited by Houtum-Schindler.
- Extent and format
- 2 volumes (276 folios)
- Arrangement
The papers in both volumes proceed in approximate chronological order from the front to the rear of the volume.
- Physical characteristics
Foliation: this file consists of two physical volumes. The foliation sequence (used for referencing) commences at the first folio of volume one (ff 1-138) and terminates at the last folio of volume two (ff 139-276); these numbers are written in pencil, are circled, and are located in the top right corner of the recto The front of a sheet of paper or leaf, often abbreviated to 'r'. side of each folio. An additional foliation sequence is present in parallel between ff 1-276; these numbers are printed, and are not circled. The foliation sequence does not include either the front and back covers or the flyleaves of the volumes.
- Written in
- English and German in Latin script View the complete information for this record
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Correspondence, Printed Papers and Newspaper Cuttings Relating to the Persian Bank Mining Rights Corporation Ltd [211r] (460/586), British Library: India Office Records and Private Papers, Mss Eur F111/71, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100115597949.0x000033> [accessed 30 January 2025]
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Copyright: How to use this content
- Reference
- Mss Eur F111/71
- Title
- Correspondence, Printed Papers and Newspaper Cuttings Relating to the Persian Bank Mining Rights Corporation Ltd
- Pages
- 185r:222v
- Author
- Persian Bank Mining Rights Corporation Limited
- Usage terms
- The copyright status is unknown. Please contact [email protected] with any information you have regarding this item.