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Formed in 1845Built on the same terms and conditions as the [[Great Indian Peninsula Railway]] (GIPR), the '''East Indian Railway ''' (EIR) was not contracted by the [[East India Company]] to begin raliway construction until 1849a British company, registered in London, privately owned and financed, operating under license and it was not until 1855 that the EIR opened its first section guarantee from [[Howrah]] to [[Hooghly]]. By 1864, the EIR had arrived (British) Board of Control in Delhi although it was not until 1871 that the Bombay-Calcutta route was completed when India and the [[Great East India Peninsula RailwayCompany]] (GIPREIC) reached [[Allahabad]].
Built on By 1859, the arrangements were "the same terms construction and conditions as working of lines from [[Calcutta]] to [[Delhi]], and from [[Allahabad]] to [[Juppulpore]] - total, about 1,400 miles. Capital - 12,731,000''l''. This amount has been sanctioned for the GIPRworks specified, but it is probable that a larger sum will be required. Rate of Interest Guaranteed - 5 per cent. on 11,553,000''l''. capital; 4½ per cent. on 1,178,000''l''. debentures, convertible into shares." (1) == Characteristics == Formed in 1845, the EIR was a British companynot contracted by the EIC to begin railway construction until 1849 when it became one of the three original guaranteed companies sanctioned to construct experimental lines. It was not until 1854 that the EIR opened its first section from [[Howrah]] to [[Hooghly]]. By 1864, registered the EIR had arrived in LondonDelhi although it was not until 1871 that the Bombay-Calcutta route was completed when the GIPR reached Juppulpore. In 1862, privately owned and financedthe [[Jamalpur]] Locomotive workshops were established. On 15 January 1935, operating under license and guarantee from the Jamalpur Workshops along with the entire railway colony was destroyed by an earthquake. It took 3 years to rebuild. The Government of India (BritishGoI) Board acquired the assets of the EIR on 31 December 1879 while leaving the management to the private company. The GoI took over the direct running of Control in Indiathe EIR on 1 January 1925. In 1952. the EIR was merged with the [[Bengal-Nagpur Railway]] (BNR) to form Indian Railways' '''Eastern Railway'''. In 1955, BNR was demerged to form '''South East Railway'''.
Further content added
[[Category:Railways]]
[http://www.scienceandsociety.co.uk/results.asp?txtkeys1=East+India+Railway Science & Society Picture Library]
== Notes ==
(1) "Money Market and City Intelligence", ''The Times'', Wednesday, 15 June 1859, #23333, 7a.
