Note 31 — Chapter IV · THE SULTAN MORTGAGES HIS EMPIRE
Reading edition
Turco-German control of the Board of Directors was not inconsistent with the agreement of 1899 between the Deutsche Bank and the Imperial Ottoman Bank, which assured French interests only 40% of the shares of the Bagdad Railway Company. For details of the organization of the Company see the Report of the Anatolian Railway Company, 1903, pp. 4–7; By-Laws, passim.