Business Activities
The company’s headquarters were at 23 Waterloo Place, Edinburgh and its works at Cowlairs, Glasgow. Its capital in 1921 was £67 million. Besides its railway, the company also operated steamers on the River Clyde serving Arran and points west and acquired a 49% stake in the road haulage firm Mutter Howey.
The North British Hotel at the east end of Princes Street in Edinburgh city centre forms a prominent landmark with its high tower displaying large clocks. It was renamed the Balmoral Hotel in the 1980s, though the old name is still shown in the stonework. Since the building opened, the clock on the hotel has run three minutes ahead of real time to encourage tardy travellers to get to the station on time.
Read more about this topic: North British Railway
Famous quotes containing the words business and/or activities:
“Gratitude among friends is like credit among tradesmen: it keeps business up, and maintains commerce. And we pay not because it is just to discharge our debts, but that we might the more easily find lenders on another occasion.”
—François, Duc De La Rochefoucauld (1613–1680)
“The most remarkable aspect of the transition we are living through is not so much the passage from want to affluence as the passage from labor to leisure.... Leisure contains the future, it is the new horizon.... The prospect then is one of unremitting labor to bequeath to future generations a chance of founding a society of leisure that will overcome the demands and compulsions of productive labor so that time may be devoted to creative activities or simply to pleasure and happiness.”
—Henri Lefebvre (b. 1901)