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New Baghdad Company (Joint Stock Company) - Baghdad Its authorized capital ⟦...⟧ 200,000 Iraqi Dinars Al-Damerchi Building Phone Number: 89488 and 98016 To the esteemed shareholder Yousif Shaoul Printed at the press ⟦...⟧
IJA 671
Financial and Budget Records, New Baghdad Company
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This is a folder from the New Baghdad Company containing financial and budget records from 1969-1971.
AI en Translation, Pages 1-25
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To the New Baghdad Joint Stock Company (Joint Stock Company - Paid-up Capital 200,000 Iraqi Dinars) I, ⟦...⟧, the shareholder in the New Baghdad Joint Stock Company, have appointed ⟦...⟧ and in his absence ⟦...⟧ to attend the General Meeting (Ordinary or Extraordinary) planned to be held on the day ⟦...⟧ of the month ⟦...⟧ And he has the right to vote on my behalf in it and in every meeting to which that meeting is postponed. Date / / 19 Signature ⟦illegible⟧ ⟦illegible⟧ ⟦illegible⟧ Salah ⟦illegible⟧
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New Baghdad Company (Joint Stock Company) - Baghdad Final accounts for the year ended on March 31, 1971, and the auditor's certificate ⟦illegible⟧ ⟦illegible⟧ ⟦illegible⟧ Salah ⟦illegible⟧ ⟦illegible⟧
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In the name of God, the Most Gracious, the Most Merciful New Baghdad Company - Joint Stock Company - Baghdad Paid-up capital 200,000 Iraqi Dinars Registered in Baghdad Court of First Instance under No. 1262-57 Registered Administrative Center - Baghdad Serial Number - 1262-57 Established on 7-6-1946 Telegraphic Address - Al-Jadeeda Telephone Number - 89488 and 98016 Baghdad on 6-22-1971 Number - 336 Respected Shareholder After greetings, I am pleased to invite you to attend the twenty-fifth regular annual general meeting of the New Baghdad Company (Joint Stock Company), which has been scheduled to be held at five o'clock in the afternoon on Thursday, July 8, 1971, at Al-Bayan School - formerly Layali Al-Uns Casino, located in New Baghdad, in accordance with Article (39) of the company's bylaws to deliberate on the following matters: 1- Hearing the report of the Board of Directors and approving it 2- Hearing the auditor's report on the balance sheet for the financial year 970-971 3- Discussing the budget for the financial year 970-971 and approving it 4- Appointing the auditor for the financial year 4-1-1971 to 3-31-1972 and determining his fees 5- Electing original members of the Board of Directors in place of the members whose terms have expired, with the election of reserve members for the board and discharging the members of the Board of Directors from the work they performed during the year ending on 3-31-1971. We hope you will attend this meeting on the mentioned date, and in case you are unable to attend personally, please appoint someone to represent you, provided they are someone entitled to vote on their own behalf, by mentioning their name in the attached proxy form and returning it to us so that it reaches us at least 24 hours before the aforementioned meeting. We provide you with a booklet containing: A - The annual Board of Directors report for the financial year ending on 3-31-1971 B - The company auditor's report for the mentioned year C - The balance sheet and profit and loss accounts for the aforementioned year Please accept my highest respect Sincerely, Al-Haj Jassim Al-Samarrai Chairman of the Board of Directors Copy to: Respected Registrar of Companies, please send your representative to the meeting under discussion Respected Secretary General for Monitoring and Managing Funds of ⟦illegible⟧ of Iraqi Nationality, and we request sending your representative to the mentioned meeting Respected Secretary General for Seized Assets due to ⟦illegible⟧ Reform of the Ruling System, we request sending your representative to the mentioned meeting Respected Auditor from Saba & Co., requesting attendance at the mentioned meeting
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In the name of God, the Most Gracious, the Most Merciful New Baghdad Company - Joint Stock Company - Baghdad Its paid-up capital is (200,000) Iraqi Dinars Registered in Baghdad Court of First Instance under No. 1262 - 57 Board of Directors Report for the fiscal year 970 - 971 ending on 3-31-971 Respected Shareholders, After greetings, The Board of Directors of your company is pleased to present this report to you along with the company's balance sheet for the fiscal year 970-971 as it stands on 3-31-971, which includes details of its assets and liabilities, along with the profit and loss account for the year ending at that time, which contains details of the company's expenses and revenues up to the mentioned date. We state below the most important work carried out by the company: First - Administration a - Based on Article (56) of the company's internal regulations, the membership of each of the gentlemen, Al-Haj Mahdi Al-Samarrai, Al-Haj Ibrahim Al-Samarrai, Al-Haj Shaker Al-Haj Mahmoud, Mr. Nasser Bahia, and Mr. Saad Jamil Al-Madfai has expired. Therefore, the Board of Directors recommends electing five original members in whom you place your trust so that the total number of original members becomes eight. The Board also recommends electing five reserve members to have the same rights and duties as original members when called to the Board. The Board of Directors also requests the discharge of the Board members' liability for the work they performed during the year ending on 3-31-971. b - Land Sales Committee - The Land Sales Committee is still continuing its work, and the company paid an amount of 845.168 dinars as a commission at a rate of 1 percent of the sale price. c - Allowances for Board Members - The company pays allowances to each member of the Board of Directors amounting to (250) dinars annually, and to the Managing Director (2400) dinars annually. d - Donations - The company contributed donations amounting to (110) dinars to two charitable societies, which are the Mauritania Donation Committee and the Philatelic Association for the benefit of commando work. e - In-kind benefits - The Managing Director enjoyed the use of the company's private car for company business. Second - Lands a - The plots of land sold and which were ⟦... registered with⟧ the Tabu Department in the names of their owners during the year, including what was sold in previous years and what was ⟦... sold during⟧ the year ending on 3-31-971, reached an area of (63172.47) m2 and their values reached (87408) ⟦... Dinars⟧
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⟦illegible⟧ (Joint Stock Company) - Baghdad For the year ended March 31, 1971 Continued Statement No. (C) 2 69-70 | | Fils | Dinar Dinar | | | 176,804 | Carried forward | 468 | 157,547 ⟦line⟧ | | | ⟦line⟧ 176,804 | | 468 | 157,547 Subject to my report No. B.D. 2176 dated May 16, 1971 Sabih Al-Tahhan - Chartered Accountant From Saba & Co. Chartered Accountants