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2.6 - What are the player certificate limits for shares in one company?

1800, 18MS 70%.
1812 Normally 60%. This can be exceeded, up to 100%, due to  Minor Companys taken over by Public Companys.
1824 Normally 60%. This can be exceeded, up to 100%, due to exchanges with Mountain Railways or Coal Railways.
1825, 1829, 1829 Mainline, 1830BC, 1835, 1838 Rheinland, 1860, 1862EA, 1873, 1880, 1895, 18C2C, 18Rhl Rhineland, 18Ruhr, Poseidon, Rolling Stock None.
1826, 1827 Jr., 1837SX, 1846, 1849, 1851, 1861, 1893, 18EC, 18EZ Levels 2 and 3, 18GA, 18FL, 18GL, 18Mex, 18NL, 18Scan, 18TN, 18VA, 2038, Steam Over Holland 60%.
1830 5 certificates. Shares in the orange and brown zones do not count towards this. Note that if you play the Reading variant you may hold 70% of the Reading.
1831 None, unless Government intervention is in play, then 70%.
1832, 1850, 1870, 18MW 60%; may be exceeded by 'price protection'. Shares in orange and brown zones do not count towards this.
1837, 18EU 60%. This may be exceeded by minor company exchange but the excess must then be sold at the next opportunity.
1841, 1898 60%. This applies to the total number of shares under each player's control. It may be exceeded by transfers of control but the excess must then be sold at the next opportunity.
1842 60%. Shares in the marked zone of the stock market do not count towards this.
1844 None. But once the player has more than 50% of a company, he may not buy its shares from the initial offering.
1848 In a 3-player game, 70%. Ina 4-, 5- or 6-player game, 60%.
1853, 1853 v2 3 or 4 players, 60%; 5 players, 50%; 6 players, 40%. Shares worth 40 or less do not count towards this.
1854 5 certificates.
1856, 1889 60%. Shares in the brown zones do not count towards this.
1858 Normally 60%, but can be exceeded in the Final Exchange Round, with no requirement to sell back down.
1862 70% if there are 3 or 4 solvent players, and 60% if there are 5 or more solvent players. Thus if a company redeems half its shares one player may be able to own all that is left of it.
1865 Sardinia Players, 60%, Dragons (foreign investors) 50%.
18Ardennes 60% when bought from the initial offering. This can rise to 100% for purchases from the bank pool and Minor Company exchanges.
18Dixie 60% excluding preferred shares. It is possible to hold up to 80% of some companies (90% of the L&N) by owning all preferred shares in addition to the regular allowance.
18EZ Level 1 Not Applicable (no share dealing).
18Neb 60%. As an optional rule in the two-player game only, players may allow up to 70% ownership in each ten-share company.
18NY 60%. This may be exceeded when buying shares from the bank pool.
18PA 60%, raised by one certificate for each local company acquired by a public company. It is possible for this variable limit to be exceeded during the conversion and acquisition steps of an OR. If this happens the player must sell certificates at the start of the next SR to comply with the current limit.
18US For 4-share and 5-share companies, up to 3 shares, for 10-share companies, up to 5 shares, for systems, all 10 shares.
18West 60%; may be exceeded by 'acquisition'.
Crisis 50% for type I companies, 60% for type II companies. Shares in the blue and grey zones do not count towards this.

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Mail me Keith Thomasson June 21st 2016