1830: Railways & Robber Barons
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When a private is bought above face value, where does the extra money go, and are its free shares paid for?
The rulebook's purchase and private-effects sections settle it, and the forum agrees.
- 1830: Railways & Robber Barons rulebook · Rulebook · Buying a Company with a Bid (1.2.2)
- 1830: Railways & Robber Barons rulebook · Rulebook · 3.0 Private Companies
- clearclaw · Community · 2013-08-10
- TomAquin · Community · 2013-08-10
The extra bid money is paid to the bank, not the company treasury, and the free shares a private brings, such as the Camden & Amboy's 10% of the PRR, are not paid for again. The private still pays its normal revenue each operating round.
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