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The Great Horseless Carriage Company : ウィキペディア英語版 | The Great Horseless Carriage Company The Great Horseless Carriage Company Limited was formed in May 1896 with a capital of £750,000 in shares of £10 each "of which £250,0000 was for working capital". The company was formed to carry on the horseless carriage industry in England and works with railway and canal adjoining were secured at Coventry.〔The Money Market ''The Times'', Tuesday, May 19, 1896; pg. 15; Issue 34894〕 The rights that were purchased had little lasting value and after a number of financial reconstructions beginning in 1898 all activities were terminated by 1910. ==Business==
"To take up work and develop this new vehicle industry; to acquire licences for patents, purchase master patents and receive royalties, to license and form subsidiary companies to sell foreign rights and concessions and to generally establish and work the trade in this country."〔The Great Horseless Carriage Company Limited ''The Times'', Tuesday, May 19, 1896; pg. 17; Issue 34894.〕 It was intended to dominate the industry through its subsidiary The British Motor Syndicate Limited by acquiring all "master patents" so that no car could be made or sold in Great Britain without being licensed by it.〔 The industry that began by being sent to Coventry. ''The Times'', Saturday, January 13, 1996; pg. 3(); Issue 65475〕
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