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Hereditary Director

The Dukes of Sutherland are hereditary Directors of the London and Northwestern Eaihvay, and if the head of the family does not care to join the Board himself, he has the right to nominate one Director of the company The late Duke was a director for forty years, having been nominated by his father in 1852. In 1826 the first Duke of Sutherland (then Marquis of Stafford) subscribed £100,000 towards the construction of the Liverpool and Manchester Railway, which wag then regarded as a most chimerical undertaking, In return for this contribution he was granted the right to nominate' throe of the Directors of the Company. He afterwards subscribed towards the Grand Junction Railway, and in 1846 whan that line was amalgamated with the Manchester and Liverpool and the London and Birmingham, the et of Parliament specially provided that the Dukes- of Sutherland should always have the right to nominate one Director to the united company. — World.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/MH18921203.2.15

Bibliographic details
Ngā taipitopito pukapuka

Manawatu Herald, 3 December 1892, Page 2

Word count
Tapeke kupu
159

Hereditary Director Manawatu Herald, 3 December 1892, Page 2

Hereditary Director Manawatu Herald, 3 December 1892, Page 2

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