Document 5gRyVdyj6bw3VNLXJJR88o84
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DATED 2/^. APRIL
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THE COLONIAL snr.AH REFINING COMPANY LIUITgD
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..V AGKEOtENT 70R wUB-LEAi?E
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day of between THE COLOHIAL SOOAR REFIMIMG COMPANY LIMITED having its registered office at Sydney in the State of Hew South Kales (hereafter referred to as C.S.R.) of the one part and APSTRALIAW BLUE ASBESTOS LIMITED having Its registered office
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at Perth in the State of Western Australia (hereafter referred Jjf
to as A.B.A. ) of the other part WHEREAS C.S.R. is the registered^ 4 t ' -C
holder of therespective mining tenements (hereafter referred
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to as the tenements) particularised In the Schedule hereto AHI^ o
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WHEREAS A.B.A. is engaged in the business or occupation of r asbestos mining In the State of Western Australia and has
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requested C.S.R. to grant to it a sub-lease to mine for asbestos
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fibre on all or any of the tenements specified in the Schedule
hereto which C.S.R. Tor the consideration and on the terms and 2
conditions hereafter appearing has agreed to do NCw IT IS HEREBY j*
AGREED as followsi-
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1. C.S.R. hereby grants to A.B.A. full leave and license to
Center by ita servants and agents mine for treat and
.extract fibre from asbestos ore on all or such of the
..ivtfcnements ai A.E.A. shall from time to time determine and
for such purposes to bring on to the tenements and erect
all necassarf'plast machinery buildings and equipment, 2. C.S.R. shall..pay all rentals and other charges payable
under the Mining Act 1904 as amended from time to time in
respect of tu' tenements. 3. A.B.A. shall'pay tc C.S.R. an amount equivalent to one
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pound (El) for each and every ton of Asbestos fibre won or ^ recovered from asbestos ore mined on the tenements PROVIDED HOWEVER that*** from the first day of January 1951 in the event of A.B.A. failing to. irln or recover one tnousand tons or more of asbeatos.flbre In any period of twelve months A.B.A. shall in addition the said payment of 1 for each and every ton of asbeq4tos,fibre recovered as aforesaid pay to C.S.R. such furthe^g^ouat as may be necessary to bring the total payments to,?8.R. under this clause in respect of each and
every year subsequent to the year 1950 during which this *?**
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Produced in the matter of Asbestos Personal injury Cases* Abrams Lead z ^;L",,ses'
minim,; n f d urjAroM oivision oarr. a / // / r?
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-8' agreement operates to a sum of not less *h -. --- thousand
pounds (1,000).
4. Accounts shall be taker, at the end of the months of March
Jvme September and December In each veer c'OTcr.cin* from the
thirtieth day of June 1346 and payments fou.d to be due on
the basis of Asbestos Fibre recovers-' shall be made within
thirty days after taking of such accounts * sfcresald and
he amounts if any necessary from ti:-:c \r> :-* fo bring the
minimum annual payment* under clause three hereof to 1,000
shall be paid on or before the thirty fire* -Jay of January
in each year.
5. In addition to`the payments referred to i- *l'--res three and
four hereof A.B.A. shell within thlr*- -!'-
receipt of
an-account therefor reimburse o C.?.". ^11 moneys paid by
C.F.B. in pursuance of the provision? of
two hereof.
6. A.B.A. shall keep or cause to be kept full
-oner records
relating to Billing operations undert i:?n a;.i carried on uron
the tenements Including details of the qua-titles of asbestos
ere mined and asbestos fibre recovered from sor>th to month and
such records shall be made available for inspection by any duly
authorised officer or agent of C.S.8. ct all reasonable tiaes.
7. Subject to the provisions of clause 're* he*?cf A.B.A. shall
fully and faithfully observe and co: "err to tl;e terms and
conditions expressed or implied in or subject to which the
tenements were*issued or granted end shall observe in respect
thereto the requirements of the Mining Act 1504 and any Act or
Acts amending, the sase and the regulator? ro~ *re time being
ir. force thereunder and A.B.A. HEPE5Y exprsly agrees t^at it
will indemnify and keen C.5.R. indent if! s.-iinct .all actions
suits proceedings claims costs penalMes a-i losses which may
he suffered or incurr"-* by C.S.R. by -"*-n- - * --
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*s failure of A.r-.,.. its servant- j? -
'o fully and
properly observe and conform to the v*rr.
aitions
expressed in or subject to which the fene^--.* *-ere issued or
granted and observe in respect thereto the
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Achl.?ed d ,he matter of Asbestos Personal Injury CasesAbrams Lead & copied to ' Richard F. $cruoo<5
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requirements end obligations of the said Act or Acts
and the regulations thereunder. 6, A.B.A. shall faithfully observe the terms and conditions
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of any Industrial Award or Agreement made under and in
accordance with the provisions of the Industrial Arbitration
Act 1912 and/or any amendment thereof and for the time being
covering the A.fi.A. and its employees engaged in mining
operations upon the tenements.
9. This Agreement shall operate from the first day of
January 1948 and ahall continue thereafter subject to the
provisions hereof for a period of ten years and thereafter
from year to year until determined by either party pivtna
to the other six months written notice to that *f*ect
PROVIDED HOWEVER that in the event of eltn*r party going
Into liquidation (otherwise then for the purpose of
reconstruction) or suffering a receiver to oe appointed
under any charge covering Its assets or If either party shall
be guilty of default In the observance of the ter?:s and
conditions of this agreement and shall fail to --<-dy any
such default within seven days after notic** requiring it so
to do then and on the happening of any such event the other
party shall be at liberty to terminate this agreement summar
ily by written notice to the other party to that effect
PROVIDED FURTHER that the termination of this agreement in
any of the events aforesaid shall be without prejudice to
the remedies of either party hereto at common law or otherwise
in respect of rights sccrued hereunder to th* -into of termin ation or In respect to any such default.
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In witness whereof the parties hereto have set their hands and seals the day and year first hereinbefore written.
SCHEDULE Lease _N_P.
MC 309H A 177H ^
Area
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Produced in the matter of Asbestos Personal injury Cases;^; Abrams Lead & copied to Richard F. Scruggs.
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The Coonon Seel of AUSTRALIAN BLUE ASBESTOS LIMITED *a hereto affixed by authority of a resolution of the Directors in the presence of
Director
Director
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Produced in the majt^r of Asbestos Personal Injury Cases; Abrams Lead & copied to Richard F. Scruggs.