CHESTER COMMISSION.
IN MESOPOTAMIA. BY CABLE—PKI3SS ASSN.—COPYRIGHT Washington, May 61. The text of the Chester concession .showy that an American company contemplates an expenditure ultimately totalling 400.UOO,(!l)0 Turkish pounds for building 2-IUO miles ol railways in Anatolia and AXosul oict fields. All mineral and petroleum exploitation rights for 00 years arc granted to the company over an area twenty kilometres vide, on either side of the projected railway line. Tnrkisn subjects will have the rigid: to .subscribe half the company's stock and the Turkish Government, aside Irom various taxes, will receive 60 per cent, of the company's proliis a tier all expenses, interest, amortization and 12 per cent, dividend arc paid.—A. and N.Z. Cable.
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Bibliographic details
Timaru Herald, Volume XCVIII, Issue 18084, 2 June 1923, Page 3
Word Count
114CHESTER COMMISSION. Timaru Herald, Volume XCVIII, Issue 18084, 2 June 1923, Page 3
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