Re: EL class update ( was freight victoria update)

[The Narc <gonoNOCRAP@bigpond.com>]

On Wed, 16 Feb 2000 19:50:29 +1100, "Dave Proctor"
<thadocta@spambait.dingoblue.net.au> wrote:

>Maurie Daly wrote in message ...
>>In article <88deru$2mj$1@news1.mpx.com.au> "Dave Proctor"
><thadocta@spambait.dingoblue.net.au> writes:
>>>From: "Dave Proctor" <thadocta@spambait.dingoblue.net.au>
>>>Subject: Re: EL class update ( was freight victoria update)
>>>Date: Wed, 16 Feb 2000 17:07:01 +1100
>>
>>>Bob wrote in message <38AA3DA6.16A0DF07@acay.com.au>...
>>>>Two points here. First NRC own the NRs and can do whatever they want with
>>>them,
>>>>only obligation they have to Goninans is they have a contract to service
>>>them.
>>
>>>Depends on the nature of the contract - Goninans *could* have a clause in
>>>the contract that the NR's can only be driven by Goninan approved drivers.
>>
>>>Unless you know differently of course.
>>
>>>Dave
>>
>>Id be real interested in how they can own them .
>>Just where did NRC get a spare $400 M to buy them. (didnt get it from the
>>shareholders thats for sure.)
>>According to their annual report , they have
>>raised a $300 M US dollar debenture issue at 8% to pay for them.
>>I think you will find that they are owned by a US bank ,in the same way
>that
>>AN didnt own its ANs or ELs.
>
>Which adds even further weight to the argument that there *could be* (not
>saying *are*) restrictions on just who can and can't drive them.
>
>Dave
Quite a few NR'S have plates on the long end saying that St George
bank has an interest in this locomotive!!
Also i seem to remember some clause that did in fact state that the
locos wern't to be driven by non qualified staff.
regards
Regards Paul Johnston (MNRC)