Difference between revisions of "Indus Flotilla"
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Revision as of 02:41, 20 November 2008
The Indus Flotilla (sometimes the Indus Steam Flotilla) was formed in 1856 to provide "the navigation of the Indus, &c, by means of steamvessels [sic], between Kotree and Mooltan, to be worked in connexion with the railways. Capital - 250,000l. Rate of Interest Guaranteed - 5 per cent." 1
Characteristics
The Indus Flotilla provided the essential link between Kotree and Mooltan, and its promoters negotiated the same guaranteed rate of return as the original guaranteed railways. Early on, it merged with the Punjab Railway and the Indus Flotilla to form the Sind, Punjab and Delhi Railway.
Records
Refer to the Sind, Punjab and Delhi Railway.
Notes
1 "Money Market and City Intelligence", The Times, Wednesday, 15 June 1859, #23333, 7a.