Day Log/1883-02-15
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On this day, the FR Co. board received a letter from Hugh Beaver Roberts, requesting that it should enter into a working agreement with the Portmadoc, Croesor & Beddgelert Railway
Some of the conditions, notable the percentage distribution of gross receipts, given the costs of the FR in working the line.
After a later personal meeting with Roberts, the board accepted 50% of gross reciepts with a £3,000 per annum minimum.[1]
See also[edit]
References[edit]
- ^ Johnson, Peter (2007). An Illustrated History of the Festiniog Railway. Hersham: Oxford Publishing Co. ISBN 0-860936-03-1. OCLC 180463433. p60