Railway construction company

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Railway construction companies were construction companies whose primary business purpose was the planning, construction and operation of railway lines .

The majority of these companies, mostly organized as stock corporations , emerged during the founding period from 1870 onwards. The 1st amendment to stock corporation law of June 11, 1870 created the basis for companies that were no longer subject to state control. A lot of free capital flowed into this new type of company. In particular, the construction and operation of railways promised rich profits. However, the start-up crisis of 1873 caused most of the new companies to fail, especially since most of the construction projects that had started were not yet completed.

During the founding period there were u. a. the following railway construction companies:

Web links

Individual evidence

  1. Law relating to limited partnerships based on shares and joint-stock companies of June 11, 1870
  2. ^ Emil Hermann Hartwich : Communications about the undertakings of the German railway construction company and their current situation, especially with regard to the construction of the Berlin light rail . Polytechnische Buchhandlung / Seydel, Berlin 1876, p. 4; Digitized via Google books