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Metropolitan Railway Country Estates
Metropolitan Railway Country Estates (MRCE) was a limited company created in 1919 to manage and develop the land owned by the Metropolitan Railway, notably in what was known as Metro-land Metro-land (or Metroland) is a name given to the suburban areas that were built to the north-west of London in the counties of Buckinghamshire, Hertfordshire and Middlesex in the early part of the 20th century that were served by the Metropol ... north-west of London. Some of the land had been previously handled by the Surplus Lands Committee, established in the first years of the 20th century. External linksExploring 20th century London Metropolitan Railway 1919 establishments in England {{org-stub ...
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Limited Company
In a limited company, the liability of members or subscribers of the company is limited to what they have invested or guaranteed to the company. Limited companies may be limited by shares or by guarantee. In a company limited by shares, the liability of members is limited to the unpaid value of shares. In a company limited by guarantee, the liability of owners is limited to such amount as the owners may undertake to contribute to the assets of the company, in the event of being wound up. The former may be further divided in public companies ( public limited companies) and private companies ( private limited companies). Who may become a member of a private limited company is restricted by law and by the company's rules. In contrast, anyone may buy shares in a public limited company. Limited companies can be found in most countries, although the detailed rules governing them vary widely. It is also common for a distinction to be made between the publicly tradable companies of the ...
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Metropolitan Railway
The Metropolitan Railway (also known as the Met) was a passenger and goods railway that served London from 1863 to 1933, its main line heading north-west from the capital's financial heart in the City to what were to become the Middlesex suburbs. Its first line connected the main-line railway termini at , , and King's Cross to the City. The first section was built beneath the New Road using cut-and-cover between Paddington and King's Cross and in tunnel and cuttings beside Farringdon Road from King's Cross to near Smithfield, near the City. It opened to the public on 10 January 1863 with gas-lit wooden carriages hauled by steam locomotives, the world's first passenger-carrying designated underground railway. The line was soon extended from both ends, and northwards via a branch from Baker Street. Southern branches, directly served, reached Hammersmith in 1864, Richmond in 1877 and the original completed the '' Inner Circle'' in 1884. The most important route was northw ...
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Metro-land
Metro-land (or Metroland) is a name given to the suburban areas that were built to the north-west of London in the counties of Buckinghamshire, Hertfordshire and Middlesex in the early part of the 20th century that were served by the Metropolitan Railway. The railway company was in the privileged position of being allowed to retain surplus land; from 1919 this was developed for housing by the nominally independent Metropolitan Railway Country Estates Limited (MRCE). The term "Metro-land" was coined by the Met's marketing department in 1915 when the ''Guide to the Extension Line'' became the ''Metro-land guide''. It promoted a dream of a modern home in beautiful countryside with a fast railway service to central London until the Met was absorbed into the London Passenger Transport Board in 1933. Metropolitan Railway The Metropolitan Railway was a passenger and goods railway that served London from 1863 to 1933, its mainline heading north from the capital's financial heart ...
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