THE STRUCTURE, ACTIVITY AND LIQUIDATION OF THE DANUBE-SAVA VICINAL RAILWAY STOCK COMPANY DURING THE KINGDOM OF SERBS, CROATS AND SLOVENES/YUGOSLAVIA

Abstract

This paper deals with the structure, activity, and liquidation of the Danube-Sava Vicinal Railway Stock Company during the Kingdom of Serbs, Croats, and Slovenes/Yugoslavia. The company, founded in 1912, was based in Budapest and constructed the following railway lines: Vukovar-Ilača and Šid-Sremska Rača-Sava. These private railway lines were exploited by the state. The stock company was solvent. After the collapse of the Austro-Hungarian Empire, the company’s headquarters moved from Budapest to Zagreb. Shortly after the establishment of the Kingdom of Serbs, Croats, and Slovens/Yugoslavia, the railway lines were exploited by the Directorate of State Railways in Zagreb, but after 1921 they came under the jurisdiction of the Directorate of State Railways in Belgrade. According to the Agreement of February 7, 1931, the state redeemed the railway lines of the abovementioned company and thus the company ceased to exist. The company went into liquidation in 1932 and was shut down on April 12, 1933.