Re: [Rails-devel] No sale in first (share) round - exact interpretation?

[Chris S. <chr...@gm...>]

Many games allow sales in the first stock round, so this should be
supported.

On Thu, Mar 12, 2015 at 5:51 PM John David Galt <
jd...@di...> wrote:

> On 2015-03-12 13:56, Stefan Frey wrote:
> > There seems to be a rule which is nearly identical for all 18xx:
> >
> > "There is no sale of company shares during the first round."
> > See http://www.fwtwr.com/18xx/rules_difference_list/1_3.htm
> >
> > However what exactly is the definition of the first (share) round?
>
> I consider the definitive answer to be what it is in 1830: the first
> stock round means everything that precedes the first operating round.
> Thus the test for whether a player can sell shares should simply be
> whether or not any company -- even a private -- has operated.
>
> (tl;dr The rest of this message is merely detail to support/explain this
> theory.)
>
> Thus in 1830, the first stock round usually includes the entire set of
> private-company auctions and goes on to cover the "regular stock round"
> that follows those auctions.  However, if all players pass at some
> earlier point and private-company owners collect income, then the first
> stock round has ended then.  (If all players pass before the SVN&RR is
> purchased, so that there is no operating round, the first stock round
> has NOT ended and it continues to be illegal to sell any shares.)
>
> Similarly in 1835, the first stock round usually includes the sale of
> the entire starting packet, and sometimes a small number of stock
> purchases after it has sold out.  But again it is possible for the first
> stock round to end while some privates remain unsold -- in which case
> under standard rules, an operating round takes place, thus ending the
> first stock round.  (I'm not sure exactly how the option setting "Minors
> don't run if BY has not floated" affects this question.  If that option
> prevents even privates from paying out, then no operating round has
> occurred, so the first stock round has NOT ended yet.  But that's
> academic, since if BY has not floated then the rule that you can't sell
> any shares of companies which haven't operated (except PR) prevents you
> from selling anything anyway.)
>
> Most games will follow one of these two general patterns, with some
> variations.
>
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