Britain – 1886 – 1887 – Will Isambard Kingdom Brunel lose control of his company T.H.R.S.? (VIII)

In December 1887, train station Dublin had available for towing a milk wagon and a food wagon.

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Train station Dublin was equipped with a roundhouse, a water tower, a sand tower, telegraph poles, a large hotel, a large restaurant, a saloon, a mail office and a liquid storage building.

Isambard Kingdom Brunel decided in the last month of year 1887 to change the dividend rate of T.H.R.S. shares from 0.20 dollars to 0.50 dollars, in order to increase his own wealth (and the other shareholders of the company).

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The Total Annual Dividends of “The Hammers Rail System” changed from 127,000 dollars to 318,000 dollars.

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At this time of the year, train engine #23 (a 2-8-0 Consolidation) was unloading three passenger wagons at Cardiff.

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In the image above we can see train engine #33 as it slowly exits the difficult steep sector near Cardiff as it is heading to Rhondda.

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At the end of the year 1887, the board of directors at T.H.R.S. increased Isambard Kingdom Brunel’s salary by 1,000 dollars, to 40,000 dollars per year (considering that the profits of the company were 5,218,000 dollars, that was a small increase).

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Despite being an year of recession, The Hammers Rail System had a revenue of 7,141,000 dollars. The competitors had smaller revenues: Southampton Eastern occupied the second position with 2.84 million dollars and the third position was taken by Liverpool & Manchester with 2.55 million dollars.

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Isambard Kingdom Brunel’s wealth was 9,276,000 dollars in 1877, and his position as CEO of T.H.R.S. was solidified despite George Hudson’s maneuvering.

At the end of the year 1887, there were 54 train engines in England:

  • 26 x 4-2-2 Iron Duke (THRS – 13; L&M – 7; SE – 6);
  • 13 x 4-4-0 8-Wheeler (THRS – 10; L&M – 1; SE – 2);
  • 7 x 2-8-0 Consolidation (THRS – 7);
  • 3 x 3-Truck Shay (THRS – 3);
  • 5 x 2-4-0 Vulcan (THRS – 5).
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