International wagon hire ltd

International wagon hire ltd

Due to the success of the General Waggon Rental Company, the owners and the management established a new company with an international profile in 1882, which became the International Waggon Rental Company.Its headquarters were not at 10 Hold Street, as was the case with the General, but at 8 Hold Street, but as we shall see, there was close cooperation in the management, with one specialist being active in one company, another in the other or both. Like the predecessor company, International Ltd. was also in the business of buying and selling railway wagons and their parts, and of course also lending them out for international freight transport.

the coat of arms of Béla Polyák of SabolcsThe company was founded in 1882 with 1 600 000 forints, which was reduced to 1 400 000 forints at the end of the decade, and the Pesti Hungarian Commercial Bank was behind the company. In terms of management, Károly Hieronymi was the chairman and Kálmán Jálics the vice-chairman. The members of the Board of Directors were Miksa Knight Fuchs of Banréti, Miksa J. Luczenbacher Pál, Knight Albert Ostheim, Privy Councillor and Privy Councillor of the Royal Government, Frigyes Plufsich, Lajos Rósa, Izidor Weinberger. The supervisory board was composed of Imre Ivánka, Ármin Brüll, Károly Fackh and Arthur Vicomte de Maistre, Imperial and Royal Councillor of Government. Zsigmond Hartenstein was appointed secretary and Henrik Hellinger was appointed chief officer. The 1883 annual report tells us about the circumstances of the foundation. The assets of the company at that time consisted of the following:

  • 600 wagons built to Hungarian standards,
  • 300 railway wagons built to German standards,

which stood:

  • 700 covered freight wagons,
  • 100 open freight wagons,
  • 110 petroleum trucks.

Of the 910 wagons, 180 were equipped with friction brakes, and the total purchase value of these assets was HUF 1 633 620, i.e. essentially the entire capital stock.

The management of the company has changed several times during its existence, but only to a minor extent. For example, in 1885 Kálmán Jálics became president and Lajos Rósa from Kunhalmi became vice-president, while in 1887 Lajos Rósa became president and in 1895 Leó Lánczy became president and Béla Polyák from Sabolsk became vice-president.

The company has made a good start at the right time, because from now on we see signs of a stable, predictable business. The company's profits ranged between Frt 36 000 and 306 000 until 1900, and between KD 220 000 and KD 709 000 between 1901 and 1905. Finally, in 1905, the company was merged (like the General Waggon Hire Company) into the Hungarian Local Interest Railways Ltd.

A good example of the importance of the company(s) is the fact that several of them have been awarded a noble rank or a royal councillorship in recognition of their merits within the company. Thus, Zsigmond Hartenstein received the title of King's Councillor on 27 December 1895; Béla Polyák, with the first name of Sabolcs, received the title of Hungarian nobility on 4 August 1895; Zsigmond Horváth, with the first name of Pándi, received the title of Hungarian nobility on 26 July 1907.

the coat of arms of Zsigmond Horváth of Pándi

 

Founded in 1882

Date of cessation: 1905

Founders: 1905

Securities issued:

International wagon hire ltd

Decisive leaders:

1883

Károly Hieronymi

1884-1887

Kálmán Jálics

1888-1890

Lajos Rósa Kunhalmi

1891-1905

Leó Lánczy

Main activity: railway wagon hire

Main products are not set

Seats are not configured

Locations are not set

Main milestones are not set

Author: by Dr. Márton Pelles

Founded in 1882

Founders: 1905

Decisive leaders:

1883

Károly Hieronymi

1884-1887

Kálmán Jálics

1888-1890

Lajos Rósa Kunhalmi

1891-1905

Leó Lánczy

Main activity: railway wagon hire

Main products are not set

Seats are not configured

Locations are not set

Main milestones are not set

Author: by Dr. Márton Pelles

International wagon hire ltd

Due to the success of the General Waggon Rental Company, the owners and the management established a new company with an international profile in 1882, which became the International Waggon Rental Company.Its headquarters were not at 10 Hold Street, as was the case with the General, but at 8 Hold Street, but as we shall see, there was close cooperation in the management, with one specialist being active in one company, another in the other or both. Like the predecessor company, International Ltd. was also in the business of buying and selling railway wagons and their parts, and of course also lending them out for international freight transport.

the coat of arms of Béla Polyák of SabolcsThe company was founded in 1882 with 1 600 000 forints, which was reduced to 1 400 000 forints at the end of the decade, and the Pesti Hungarian Commercial Bank was behind the company. In terms of management, Károly Hieronymi was the chairman and Kálmán Jálics the vice-chairman. The members of the Board of Directors were Miksa Knight Fuchs of Banréti, Miksa J. Luczenbacher Pál, Knight Albert Ostheim, Privy Councillor and Privy Councillor of the Royal Government, Frigyes Plufsich, Lajos Rósa, Izidor Weinberger. The supervisory board was composed of Imre Ivánka, Ármin Brüll, Károly Fackh and Arthur Vicomte de Maistre, Imperial and Royal Councillor of Government. Zsigmond Hartenstein was appointed secretary and Henrik Hellinger was appointed chief officer. The 1883 annual report tells us about the circumstances of the foundation. The assets of the company at that time consisted of the following:

  • 600 wagons built to Hungarian standards,
  • 300 railway wagons built to German standards,

which stood:

  • 700 covered freight wagons,
  • 100 open freight wagons,
  • 110 petroleum trucks.

Of the 910 wagons, 180 were equipped with friction brakes, and the total purchase value of these assets was HUF 1 633 620, i.e. essentially the entire capital stock.

The management of the company has changed several times during its existence, but only to a minor extent. For example, in 1885 Kálmán Jálics became president and Lajos Rósa from Kunhalmi became vice-president, while in 1887 Lajos Rósa became president and in 1895 Leó Lánczy became president and Béla Polyák from Sabolsk became vice-president.

The company has made a good start at the right time, because from now on we see signs of a stable, predictable business. The company's profits ranged between Frt 36 000 and 306 000 until 1900, and between KD 220 000 and KD 709 000 between 1901 and 1905. Finally, in 1905, the company was merged (like the General Waggon Hire Company) into the Hungarian Local Interest Railways Ltd.

A good example of the importance of the company(s) is the fact that several of them have been awarded a noble rank or a royal councillorship in recognition of their merits within the company. Thus, Zsigmond Hartenstein received the title of King's Councillor on 27 December 1895; Béla Polyák, with the first name of Sabolcs, received the title of Hungarian nobility on 4 August 1895; Zsigmond Horváth, with the first name of Pándi, received the title of Hungarian nobility on 26 July 1907.

the coat of arms of Zsigmond Horváth of Pándi