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... TEHERAN --- Increased Royalties for Persian Government AtESENT CONCESSION TO EXTEND FOR 60 YEARS BRITISH DOMINATION RUMOUR OFFICIALLY DISCREDITED London, May 2. Agreement has been reached between the Persian Government wid the Anglo-Persian Oil Company ...
... are being withheld until they have been submitted for ratification to the Persian Government. HISTORY OF DISPUTE It will be remembered that last November the Persian Government annulled the company's concession, which was granted in 1901 for 60 years ...
... Anglo-Persian Settlement The settlement of the difference between the Persian Government and the \nglo-Persian Oil Company, now an nounced, is webome; but until details terms of the agreement are made public it would wis»- not to jubilate. .Sir John the ...
... cannot transfer the concession to another party without the consent the Persian Government. 12. the expiry the concession the Company’s property in Persia reverts to the Persian Government, and during the ten years preceding the expiry the Company cannot sell ...
... message yesterday. In the new agreement the Persian Government has limited the concession to an area of 200.000 square miles until whan the ana will further reduced to 100.000 equate miles. The Persian Government will chooae representative neidtnl London ...
... and Sir John Cadman sere conducted in secrecy, but it is understwd that the new agreement provides for payment to th e Persian Government of four gold shillings per ton of oil extracted instead of 16 per reat of the profits under the old arrangeesest. s ...
... s properties to the Persian Government , on termination of the concession ; personnel ; Persian Government representative ; company ' s undertaking 1 to exploit oil in Kermanshan district ; noncancellation by the Persian Government and nonfailure of the ...
... gives anvlhing its ahareholders, the Persian Government will receive 30 per cent, wall. 7. the expiry of the Concession ite surrender Company, per cent, of the reserve accumulated from present date to the Persian Government. TAXATION 8. The Company will pay ...
... granted to the Anglo-Persian Oil Company were made public yesterday. Under this agreement the company is to pay to the Persian Government one-fifth of the net profits, besides a royalty four shillings per ton. The new concession allows the company to work ...
... properties to the Persian Government ou termination of the concession. (11) Personnel. (12) Persian Government representative. (13) Company’s undertaking to exploit oil in Kermanshah district. (14) Non-cancellation the Persian Government and non-failure ...
... Ratified by Mailis Teheran. May 30. The Majha has ratified the new Anglo-Perian oil agreement between the company and the Persian Government. it now only remains to be igned by the Shah before eoming into force. —Renter. ...
... concluded yesterday. Negotiations at Teheran between Sir John Cadman, chairman of the Anglo-Persian Oil Company, and the Persian Government representatives for a new agreement regarding the company's concession were brought to a successful issue, while at ...