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Reprinted from Further Decisions and Opinions of the Commissioners. London: H. M. Stationery Office, 1933, pp. 21-25.
1 Established in accordance with the conventions of Nov. 19, 1926, and Dec. 5, 1930. (Printed in this journal, Supplement, Vol. 23 (1929), p. 13, and Vol. 25 (1931), p. 200.)
3 Printed in this journal, Vol. 24 (1930), p. 388.
* English translation.—“The company shall always be a Mexican company, even though any or all its members should be aliens, and it shall be subject exclusively to the jurisdiction of the courts of the Republic of Mexico in all matters whose cause and right of action shall arise within the territory of said Republic. The said company and all aliens and the successors of such aliens having any interest in its business, whether as shareholders, employees or in any other capacity, shall be considered as Mexican in everything relating to said company. They shall never be entitled to assert, in regard to any titles and business connected with the company, any rights of alienage under any pretext whatsoever. They shall only have such rights and means of asserting them as the laws of the Republic grant to Mexicans, and foreign diplomatic agents may, consequently, not intervene in any manner whatsoever.”
† English translation.—“The concessionaries, or the company which they organize, may transfer their rights to another company or to an individual with the approval of the corporation, under the precise condition that the business will preserve its Mexican character and without rights of foreigners, even if it may be sustained by foreign capital.”