"مجموعة من المعاهدات والالتزامات والسندات المتعلقة بالهند والدول المجاورة" [‎١‎٥‎١] (٥٧٨/٤٧٤)

PI+RSIA— Telegraphs—APPENDIX NO. XXXI—1868.
cli
Article 12.
The adjustment of accounts between the grantees and the Government will be
made quarterly. If the payments due to the Government shall not be made within
three months after the settlement of accounts, the Government will have a right to
sequester the property of the grantees until the whole amount is liquidated. In
order to facilitate intercourse with the Persian Government the grantees are to
appoint a special Agent at Tehran.
Article 13.
The duration of the agreement is fixed for twenty-five years, dating from the
day when the telegraphic working of the line shall have commenced. At the
expiration of this time the privilege will cease, and the grantees must come to
terms beforehand with the Government as to the continuance of their use of the
Indo-European telegraphic line. In case they do not come to an understanding
on this point, the whole organized line, by virtue of the agreement, will be handed
over, in good condition and without indemnity, to the Persian Government.
Article 14.
If during the term of the grant the grantees have, with the consent of the Govern
ment, put up new wires to increase the means of communication, and if at the expiry
of the grant no arrangement has been made for its prolongation, the Government
promises to pay the grantees, according to a valuation, an indemnity for these new
wires. This valuation will be made by a Government Commission and an authorized
Agent on the part of the grantees.
Article 15.
It will always be in the power of the grantees to transfer the rights accorded
to them by the present grant, together with obligations assumed by them to a
company, the rules of which ought to be confirmed by Government. The grantees
are, nevertheless, expected to take at least a fifth part of the stock of such new com
pany.
Article 16.
In order to facilitate settlement of accounts between the Persian Government
and the grantees, the relative value of the monies is fixed by the following invariable
currency :—
One pound steiling=twenty-five francs= twenty-two krans.
One shilling=one franc twenty-five centimes=one kran two shahis.
One penny—ten oantimes—two shahis.
One rouble=four francs=three krans and ten shahis.