Re: [Rails-devel] Bug in 1.7.3 1835, Token of a starting company

[Stefan F. <ste...@we...>]

Mike:
you really got me confused for a few moments: But I doubt that your 
first paragraph is correct for 1830 (at least the original game):
It is allowed to sell shares even if the company has not yet floated and 
this moves the stock market token down.

There are three conditions in the original rules of 1830 (rule 12):

"During his or her turn of a Stock Round a player may sell any amount of 
Railroad stock except that:
1) No stock may be sold during the first Stock Round.
2) No further stock in a Corporation may be sold if the Bank Pool 
already holds 50% of the stock in that Railroad.
3) The president’s stock certificate may NOT be sold into the Pool; it 
can only be disposed of as explained in 13.0."

It does not disallow selling stock of a company that has not yet floated.

And rule 8.1 of 1830 states that the stock market token is put down as 
soon as the president's certificate is taken from the bank.

But it might be different for other games, especially those which delay 
selling the first certificate (see 
http://www.fwtwr.com/18xx/rules_difference_list/2_3.htm)

Stefan


On 05/06/2012 02:55 PM, Mike Bourke wrote:
> In general, tokens are placed on the stock market chart only when sufficient
> shares are sold that the company can operate. Until then, the value remains
> the par value of the stock. One game's rules (I forget which, but one of
> those that does not have fixed par values) suggests placing the tokens on
> the stock market board upside down until the company launches.
>
> The other general rule is that whenever a token enters a space on the stock
> market, it is placed under (and therefore operates after) any counter that
> is already in the space. This rule also comes into effect when one (higher
> stock value) company withholds income while another with a lower stock value
> pays a dividend, such that they both end up in the same space on the stock
> market.
>
> In fact, I am not aware of any exceptions to these general rules, though
> that does not preclude the possibility of there being such an exception. And
> I've played _most_ of the major 18xx games (including 2056, which is an
> asteroid-mining game with many similar mechanics to the 18xx series), so I
> have a fair basis of comparison.
>
> Mike Bourke
> Campaign Mastery http://www.campaignmastery.com
> Co-author, Assassin's Amulet http://www.legaciescampaignsetting.com
>
>
>
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