... the Persian Government in cancelling the D’Arcy concession held by the company. The statement, signed by Mr. W. Fraser, deputy chairman, says:— The board do not wish to minimise the serious character of the action taken by the Persian Government. The ...

... to a number of questions with regard to the cancellation by the Persian Government of the concession granted to the Anglo-Persian Oil Company, said the action of the Persian Government in cancelling the Anglo-Persian Oil Company’s concession on November ...

... intimation was received from Ministers of the Persian Government that further proposals were shortly to be placed before the company. Although these proposals have not so far been received, the Persian Government on Sunday addressed a letter to the company’s ...

... cancellation of the concession. The Imperial Persian Government is of opinion that for some time past it has been entitled to take steps to cancel the D’Arcy concession and for a long time past the Persian Government has repeatedly pointed out the fact that ...

... action of the Persian Government in cancelling the concession to be an inadmissible breach of the terms of that instrument, and have therefore requested the withdrawal of the notification to the company of November 27. Since the Persian Government In their ...

... pursued so long as the Persian Government claims to treat the concession as terminated by their own ,unilateral act. Outlining the history of the dispute, the memorandum states that on June 29 of this year the Persian Government refused to accept the royalty ...

... the company and the Persian Government in a fair and friendly manner and In the broadest possible spirit consistent with its duty, to endeavour to preserve a fair and just equilibrium between the interests of the Persian Government and of the stockholders ...

... intimation was received from Ministers of the Persian Government that further proposals were shortly to be placed before the company. Although these proposals have not so far been received, the Persian Government addressed a letter to the company’s representative ...

... , 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 ...

... to overcome the difficulties which had arisen between the Persian Government and the company, as the correct assessment ' net profits,' of jwhich under the D'Arcy Concession the Persian Government received 16 per cent, royalty, the company had indicated ...

... foreigners on Persian soil was now removed. The Persian Government has announced its willingness to negotiate with the company a new concession based on the rights of both parties.” The Persian Government does not consider has received an equitable share ...

... Majesty’s Government consider the action of the Persian Government in cancelling the company’s concession to be an inadmissible breach of its terms. They take a most serious view of the conduct of the Persian Government and have instructed me to demand the immediate ...