Compagnie des Chemins de fer du Nord-Est

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The Compagnie des Chemins de fer du Nord-Est was a railway company organized under private law in France .

history

Paris Society ticket and Belgian tickets from Erquelinnes to Herbesthal 1905, 1914

The Belgian entrepreneur Simon Philippart founded the Nord-Est in May 1869 as a public company . Almost at the same time, a law of May 22, 1869 granted its shareholders the concession for 104 km of railway line and the prospect of a concession for a further 191 km.

Simon Philippart connected the Nord-Est with two other railways, the Lille-Valenciennes railway company and the Lille-Béthune railway company, with the intention of competing with the Compagnie des chemins de fer du Nord (NORD). Behind this, however, were the banks Rothschild Frères , Paris, and NM Rothschild & Sons , London . Simon Philippart and the Nord-Est were unable to undercut NORD in terms of price in this competition . As a result, NORD ultimately leased the Nord-Est on December 17, 1875 , which in fact meant that the Nord-Est was taken over by NORD. In 1883 NORD finally took over ownership of the leased railway.

Stretches of the North-Est

literature

See also

Remarks

  1. The same thing happened with the two railways allied with the Nord-Est in this price war: NORD leased the Lille-Valenciennes railway company on December 31, 1875 and the Lille-Béthune railway company on February 2, 1876 for the duration of their respective concessions. In 1883 both railways were then merged with NORD (Caron: Les grandes compagnies , p. 76).

Individual evidence

  1. ^ Jean Garrigues: La république des hommes d'affaires: 1870-1900 . Aubier, 1997. ISBN 9782700722802 , p. 206.
  2. ^ François Caron: Histoire des chemins de fer en France . Vol. 1. Fayard, 1997. ISBN 9782213021539 , p. 450.
  3. Bulletin des lois, 1869, p. 910.
  4. ^ Caron: Les grandes compagnies , p. 76.
  5. ^ Caron: Les grandes compagnies , p. 76.