Combination Among Railway Companies
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Effect on Agreements The last effect on outside Companies is with res- pect to existing agreements. There was an example of this in the amalgamation of the Great Central and Lancashire and Derbyshire and East Coast Com- panies in 1906. There the Lancashire and Derbyshire which was a small line with a small passenger traffic, had, under an agreement, the right to use the Midland station at Sheffield. So long as that was confined to the little Lancashire and Derbyshire the Midland had 86 COMBINAT...ION AMONG no objection, but as soon as the Lancashire and Derbyshire was merged into the Great Central it became a different question altogether, and the Midland had considerable objection to their passenger station being used by the Great Central. Therefore, in the amalgamation, the Midland got a provision inserted in the Amalgamation Act to the effect that the previous rights of the Lancashire and Derbyshire, so far as regards the use of this Midland station at Sheffield, should, subject to certain conditions, cease.
What to read after Combination Among Railway Companies?
You can find similar books in the "Read Also" column, or choose other free books by W a William Alexander Robertson to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Effect on Agreements The last effect on outside Companies is with res- pect to existing agreements. There was an example of this in the amalgamation of the Great Central and Lancashire and Derbyshire and East Coast Com- panies in 1906. There the Lancashire and Derbyshire which was a small line with a small passenger traffic, had, under an agreement, the right to use the Midland station at Sheffield. So long as that was confined to the little Lancashire and Derbyshire the Midland had 86 COMBINAT...ION AMONG no objection, but as soon as the Lancashire and Derbyshire was merged into the Great Central it became a different question altogether, and the Midland had considerable objection to their passenger station being used by the Great Central. Therefore, in the amalgamation, the Midland got a provision inserted in the Amalgamation Act to the effect that the previous rights of the Lancashire and Derbyshire, so far as regards the use of this Midland station at Sheffield, should, subject to certain conditions, cease.
What to read after Combination Among Railway Companies?
You can find similar books in the "Read Also" column, or choose other free books by W a William Alexander Robertson to read onlineMoreLess
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