Re: Tram rides: 2 September 2002

--- In TramsDownUnder@y..., David Langley <del@a...> wrote:

Unfortunately the Seymour Tramway Trust has yet to open their

first

route and so I regret to advise I was tram-less for the whole

day.
. . .
Which raises the question: Why were so many early tramway
operations (or consolidations?) in Oz called "tramway trusts"?
Did the original constituents continue their legal existences
under the ownership of the "trusts" or what? Were the trusts
sometimes (always?) owned by local or state governments?

In the US, the often-monopolistic, holding-company-like entities
found in many industries at the turn of the 20th century were
called "trusts". (Teddy Roosevelt was often called "the Great
Trustbuster".)

Pete Groom


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