Underground Electric Railways Company of London

The Underground Electric Railways Company of London ( UERL, also called the Underground Group ) was the holding company for three subway trains that originated in London in the first decade of the 20th century. It was founded in 1902 by the American financier Charles Tyson Yerkes, acquired in the sequence control of most of the public transport in the British capital and was nationalized in 1933.

History

1890, the first running in a deep- tube " tube" subway in the city had been opened, the City and South London Railway (C & SLR). Their success led the British Parliament to numerous concession desire for new lines. At the beginning of the 20th century but was just watching the Central London Railway (CLR, today's Central Line) in operation, while the other lines planned construction work usually had not even started yet because of financial difficulties of the companies involved. 1901 and 1902 bought the Yerkes the financially troubled Metropolitan District Railway (MDR, today's District Line ) and four other companies and led them together in the UERL. Three lines were built:

The BS & WR and the GNP & BR were opened both in 1906, the CCE & HR in 1907. The four railway lines were now co-owned the UERL, were managed by the same directors, used the same web technology and three lines were even the station building in a uniform style been built. The legally still independent companies were jointly marketed as the Underground Group and applied in a uniform tariff system. The UERL soon assumed a dominant role in London's transport in 1910 finally took place the formal merger of London Electric Railway Company ( LER ). 1913 expanded the LER through the acquisition of the C & SLR and the CLR.

Even when surface traffic on the road, the company soon took a dominant position. After an agreement was reached in the coordination of the tariff structure in December 1907, the major bus companies in the city, the LER took over on 1 January 1912, the London General Omnibus Company. The following year the London and Suburban Traction Company ( LSTC ) took over - a joint subsidiary of LER and British Electric Traction - the tram companies London United Tramways, Metropolitan Electric Tramways and South Metropolitan Electric Tramways.

In 1933, the LER / Underground Group, the Great Northern & City Railway and the Metropolitan Railway Transport Board went on in the newly created public authority London Passenger.

Source

  • Stephen Halliday: Underground to Everywhere, pp. 63-96. Sutton Publishing, Stroud, 2001. ISBN 0-7509-2585- X
  • Former railway company (England)
  • London Underground
  • Underground Society
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