The statutes of the Society shall be moreover submitted to us by the Director of the Company, and must have the sanction of our approbation. Any modifications that may be hereafter introduced must previously receive our sanction. The said statutes shall set forth the names of the founders, the list of whom we reserve to ourselves the right of approving. This list shall include those persons whose labours, studies, exertions or capital have previously contributed to the execution of the grand undertaking of the Canal of Suez. ARTICLE XII. Finally, we promise our true and hearty co-operation, and that of all the functionaries of Egypt in facilitating the execution and carrying out of the present powers. TO MY ATTACHED FRIEND M. FERDINAND DE LESSEPS, OF HIGH BIRTH AND ELEVATED RANK. Cairo, 30th of November, 1854. The grant made to the Company having to be ratified by his Imperial Majesty the Sultan, I send you this copy that you may keep it in your possession. With regard to the works connected with the excavation of the Canal of Suez, they are not to be commenced until after they are authorized by the Sublime Porte. 3 Ramadan, 1271. (_The Viceroy’s Seal._) A true translation of the Turkish text. KŒNIG BEY, Secretary of Mandates to his Highness the Viceroy. Alexandria, May 19th, 1855. APPENDIX. No. III. INSTRUCTIONS TO MM. LINANT _BEY_ AND MOUGEL _BEY_. INSTRUCTIONS TO MM. LINANT _BEY_ AND MOUGEL _BEY_, _For the Scheme of a Maritime Canal from the Red Sea to the Mediterranean, and an Alimentary Canal derived from the Nile._ Cairo, January 15, 1855. Having just finished the exploration confided to us by his Highness Mohammed Saïd Pacha, I think it right to direct the attention of MM. Linant _Bey_ and Mougel _Bey_ to the principal points intended to serve as a programme to the precursory scheme which we have agreed to present, as a preliminary to a more complete report, accompanied by plans, maps, sections, estimates, and other documents in explanation. 1. For the entrance on the Red Sea side; to show what works it will be necessary to execute, as jetties, reservoirs, sluices, &c. if the present port is made use of. To settle the direction of the channel from the present anchorage of the roads of Suez, to the entrance of the Canal. 2. To show the exact direction of the Canal from Suez, to that part of the ancient basin of the Red Sea called the _Bitter Lakes_. 3. To explain how it is intended to take advantage of this basin, and whether, in passing through it, the Maritime Canal is to have one or two banks, or not to have any at all.