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Martin & Company

4 bytes added, 10:40, 19 November 2018
Railway Business Interests
==Railway Business Interests==
The ‘Bengal District Road Tramways Company’ was promoted in 1889 by ‘Walsh‘[[Walsh, Lovett & Company’ Company]]’ (Martin & Company from 1892), of Calcutta, to construct tramways from [[Howrah]] to [[Amta]] and [[Howrah]] to [[Sheakhala]], using portions of existing roads.
Two companies were in fact registered in 1895, one for each line, and in 1899 the titles became [[Howrah-Amta Light Railway|Howrah-Amta Light Railway Company]] and [[Howrah-Sheakhalla Light Railway|Howrah-Sheakhala Light Railway Company]], being then subject to the Railways Act. The District Boards of [[Howrah]] and [[Hooghly]] guaranteed a net profit of 4 per cent per annum on the capital expended on the Amta and Sheakhala lines respectively, excess profits being shared, and the Howrah Municipal Commissioners allowed free use of their roads for 20 years and thereafter levied a track rent. ''See seperate pages '''[[Howrah-Amta Light Railway]]''' and '''[[Howrah-Sheakhalla Light Railway]]''' ''
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