. Legislative regulation of railway finance in England . eturn to Parliament of the capital which they had raised, withthe object of preventing the recurrence of cases like that of theWest Hartlepool Company or any similar violation of the provisionforbidding companies from raising money on debentures or mortgageuntil one-half of their capital was paid up. The ,was negifrtivod for technical reasons. But the alarm which resulted from the general lack of in-formation regarding the condition of the borrowing powers of rail-way companies continued. Therefore in 1864 the House of Lord
. Legislative regulation of railway finance in England . eturn to Parliament of the capital which they had raised, withthe object of preventing the recurrence of cases like that of theWest Hartlepool Company or any similar violation of the provisionforbidding companies from raising money on debentures or mortgageuntil one-half of their capital was paid up. The ,was negifrtivod for technical reasons. But the alarm which resulted from the general lack of in-formation regarding the condition of the borrowing powers of rail-way companies continued. Therefore in 1864 the House of Lords felt if ^ expedient to appoint another select committee to continue the ifHansard, vtrl^ 181, 3859586. ^fa*> ^f>Jlt Ji^jPor the recommendations of this committee, £8o cApter on J * j RefRrstrsr^^m^f1--^K+51K. D. Has sard. <ty.,Se-e Hansard, f^. 172; p^K ^See Appendix to Report of Select Committee on Railway Borrow-ing Powers, /864t and Hansard , ^ 171; p**. 1302-03. 3km ■ p. -H8 Of tlliB Ollfcft ILL , tj^ *J*rtr 4m^-vc^.
Size: 1367px × 1828px
Photo credit: © Reading Room 2020 / Alamy / Afripics
License: Licensed
Model Released: No
Keywords: ., bookcentury1900, bookdecade1910, booksubjectra, booksubjecttheses
