Municipal and Private Operation of Public Utilities; Report to the National Civic Federation Commission on Public Ownership and Operation Volume 2, V. 2

Municipal and Private Operation of Public Utilities; Report to the National Civic Federation Commission on Public Ownership and Operation Volume 2, V. 2

By (author) 

List price: US$41.85

Currently unavailable

Add to wishlist

AbeBooks may have this title (opens in new window).

Try AbeBooks

Description

This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1907 edition. Excerpt: ...company or to adopt municipal operation. This last provision was probably an oversight, as Parliament strongly opposed the extension of municipal activity in this direction and in the general Tramways Act of the same year, it was expressly stated that power to operate was not thereby conferred upon any municipal authority. Immediately after the enactment of the bill, the council decided to construct tramway lines rather than permit a private company to do so. A private company leased the lines from the city, agreeing to pay: (1) The interest on the entire amount borrowed by the city for the construction of tramways; (2) A sinking fund o three per cent, on the same capital expenditure, which was to be used by the city in writing of! capital, so that at the end of the lease the entire indebtedness would be wiped out; (3) A yearly sum equal to 4 per cent, on cost of construction, which was to form a fund for replacing the track as rapidly as it became worn out; (4) A mileage rate of 150 per mile per annum; (5) All expenses incurred by the city in connection with tramways: and (6) All expenses for the paving and repairing of the roadway between the rails and eighteen inches beyond the outer rail. The company further agreed: 'This abbreviation is used throughout for the London County Council tramway system south of the Thames, the system examined in this investigation and the only one operated by the council during 1904-5. 2 Since this date, several other lines have been taken over as agreements could be made or as the leases expired. 3 This is the date when the first line of this system was authorized by Parliament. Operation was not begun for some time thereafter. (7) To limit fares to certain amounts; (8) To run workmen's cars at half fares, ...show more

Product details

  • Paperback | 344 pages
  • 189 x 246 x 18mm | 617g
  • Rarebooksclub.com
  • Miami Fl, United States
  • English
  • black & white illustrations
  • 1236609387
  • 9781236609380