Three players, 18AL, $600 starting money, 15 certificate limit

Seating order: Chris, Alan, Tim

Private Company Auction:

* Tuscumbia Railway: Par Value $20, Income $5, No special abilities.
* South & North Alabama RR: Par Value $40, Income $10, Provides Coal Field token.
* Brown & Sons Lumber Co.: Par Value $70, Income $15, Provides Lumber Terminal tile.
* Memphis & Charleston RR: Par Value $100, Income $20, Provides train name chits.
* New Decatur Yards: Par Value $120, Income $20, Allows half-price train purchase.

Chris bids $45 for the South & North Alabama RR.

Current bids:

* Tuscumbia Railway: none
* South & North Alabama RR: Chris $45
* Brown & Sons Lumber Co.: none
* Memphis & Charleston RR: none
* New Decatur Yards: none

Alan bids $75 for Brown & Sons Lumber Co.

Current bids:

* Tuscumbia Railway: none
* South & North Alabama RR: Chris $45
* Brown & Sons Lumber Co.: Alan $75
* Memphis & Charleston RR: none
* New Decatur Yards: none

Tim bids $105 for the Memphis & Charleston.

Current bids:

* Tuscumbia Railway: none
* South & North Alabama RR: Chris $45
* Brown & Sons Lumber Co.: Alan $75
* Memphis & Charleston RR: Tim $105
* New Decatur Yards: none

Sorry for the delay.

Chris bids $125 for the New Decatur Yards

Current bids:

* Tuscumbia Railway: none
* South & North Alabama RR: Chris $45
* Brown & Sons Lumber Co.: Alan $75
* Memphis & Charleston RR: Tim $105
* New Decatur Yards: Chris $125

Alan buys Tuscumbia Railway for $20. I believe that this will drop the rest as bid.

Current bids:

* Tuscumbia Railway: Bought by Alan
* South & North Alabama RR: Chris $45
* Brown & Sons Lumber Co.: Alan $75
* Memphis & Charleston RR: Tim $105
* New Decatur Yards: Chris $125

End of Auction

Vassal log file: http://gesserit.net/pbem/18al/Auction.log
Vassal save file: http://gesserit.net/pbem/18al/Auction.sav

Alan buys Tuscumbia Railway for $20
Chris buys South & North Alabama RR for $45
Alan buys Brown & Sons Lumber Co. for $75
Tim buys Memphis & Charleston RR for $105
Chris buys New Decatur Yards for $125

Chris' net worth = $430 cash + $120 ND Yards + $40 S&N AL = $590



Alan's net worth = $505 cash + $70 B&S LC + $20 Tuscumbia = $595



Tim has priority.
Tim's net worth = $495 cash + $100 M&C = $595
(note that the M&C is incorrectly shown as being worth $110, the correct value is $100)

Stock Round #1

Tim sets the par of the L&N at $75, buying the president's certificate from the IPO for $150.

Chris sets the par of the WRA at $60, buying the president's certificate from the IPO for $120.

Alan sets the par of the M&O at $75, buying the president's certificate from the IPO for $150.

Tim buys L&N from the IPO for $75.

Chris buys WRA from the IPO for $60.

Alan buys M&O from the IPO for $75.

Tim buys L&N from the IPO for $75.

Chris buys WRA from the IPO for $60.

Alan buys M&O from the IPO for $75.

Tim buys L&N from the IPO for $75.

Chris buys WRA from the IPO for $60.

Alan buys M&O from the IPO for $75.

Tim buys L&N from the IPO for $75, floating the company with a $750 treasury.

Chris buys WRA from the IPO for $60, floating the company with a $600 treasury.

Alan buys M&O from the IPO for $75, floating the company with a $750 treasury.

Tim passes.

Chris passes.

Alan passes.

Tim has priority.

End of Stock Round #1

Vassal log file: http://gesserit.net/pbem/18al/SR1.log
Vassal save file: http://gesserit.net/pbem/18al/SR1.sav

Map


Stock Chart


Initial Public Offering


Open Market


Revenues


Chris' net worth = $70 cash + $360 WRA + $120 ND Yards + $40 S&N AL = $590



Alan's net worth = $55 cash + $450 M&O + $70 B&S LC + $20 Tuscumbia = $595



Tim has priority.
Tim's net worth = $45 cash + $450 L&N + $100 M&C = $595
(note that the M&C is incorrectly shown as being worth $110, the correct value is $100)

Operating Round #1 Private Railroads

Tuscumbia Railway pays Alan $5.
South & North Alabama RR pays Chris $10.
Brown & Sons Lumber Co. pays Alan $15.
Memphis & Charleston RR pays Tim $20.
New Decatur Yards pays Chris $20.

Operating Round #1 Louisville & Nashville RR / L&N (President Tim)

Places free station marker in Nashville (hex A4).
Pays $20 to bridge the river and place 57SW-C4 (Decatur).

Has no train.



Cannot pay dividends.



Moves left to $70 on the stock chart.



Buys a 2 train for $100.
Has $630, one 2 train and 3 station markers.

Operating Round #1 Mobile & Ohio RR (President Alan)

Places free station marker in Q2 (Mobile).
Pays $20 to bridge the river and place 9SW-O2.

Has no train.



Cannot pay dividends.



Moves left to $70 on the stock chart.



Buys a 2 train for $100.
Has $630, one 2 train and 3 station markers.

Operating Round #1 Western Railway of Alabama (President Chris)

Places free station marker in L5 (Montgomery).
Places 5NE-L5 (Montgomery).

Has no train.



Cannot pay dividends.



Moves left to $55 on the stock chart.



Buys a 2 train for $100.
Has $500, one 2 train and 3 station markers.

End of Operating Round #1

Vassal log file: http://gesserit.net/pbem/18al/OR1.log
Vassal save file: http://gesserit.net/pbem/18al/OR1.sav

Map


Stock Chart


Initial Public Offering


Open Market


Revenues


Chris' net worth = $100 cash + $330 WRA + $120 ND Yards + $40 S&N AL = $590



Alan's net worth = $75 cash + $420 M&O + $70 B&S LC + $20 Tuscumbia = $585



Tim has priority
Tim's net worth = $65 cash + $420 L&N + $100 M&C = $585
(note that the M&C is incorrectly shown as being worth $110, the correct value is $100)

Stock Round #2

Tim passes.

Chris buys L&N from the IPO for $75.

Alan buys WRA from the IPO for $60.

Tim passes.

Chris passes.

Alan passes.

Tim has priority.

End of Stock Round #2

Vassal log file: http://gesserit.net/pbem/18al/SR2.log
Vassal save file: http://gesserit.net/pbem/18al/SR2.sav

Map


Stock Chart


Initial Public Offering


Open Market


Revenues


Chris' net worth = $25 cash + $330 WRA + $70 L&N + $120 ND Yards + $40 S&N AL = $585



Alan's net worth = $15 cash + $420 M&O + $55 WRA + $70 B&S LC + $20 Tuscumbia = $580



Tim has priority.
Tim's net worth = $65 cash + $420 L&N + $100 M&C = $585
(note that the M&C is incorrectly shown as being worth $110, the correct value is $100)

Operating Round #2 Private Railroads

Tuscumbia Railway pays Alan $5.
South & North Alabama RR pays Chris $10.
Brown & Sons Lumber Co. pays Alan $15.
Memphis & Charleston RR pays Tim $20.
New Decatur Yards pays Chris $20.

Operating Round #2 Louisville & Nashville RR / L&N (President Tim)

Places 9SW-E4.

Runs a 2 train A4($40)-C4($20) = $60.



Pays $6/share dividends (Tim $36, Chris $6).



Moves right to $75 on the stock chart.



Buys a 2 train for $100.
Has $530, two 2 trains and 3 station markers.

Operating Round #2 Mobile & Ohio RR (President Alan)

Pays $20 to build through the swamp and place 9SW-M2.



Has no run.



Cannot pay dividends. Moves left to $65 on the stock chart.



Has $610, one 2 train and 3 station markers.

Operating Round #2 Western Railway of Alabama (President Chris)

Place tile 9SW-J5.



Runs a 2 train L5($20)-J5-H5($30) = $50.



Pays $5/share dividends ($30 Chris, $5 Alan). Moves right to $60 on the stock chart.



Buys a 2 train for $100.
Has $400, two 2 trains and 3 station markers.

End of Operating Round #2

Vassal log file: http://gesserit.net/pbem/18al/OR2.log
Vassal save file: http://gesserit.net/pbem/18al/OR2.sav









Chris' net worth = $91 cash + $360 WRA + $75 L&N + $120 ND Yards + $40 S&N AL = $686



Alan's net worth = $40 cash + $390 M&O + $60 WRA + $70 B&S LC + $20 Tuscumbia = $580



Tim has priority.
Tim's net worth = $121 cash + $450 L&N+ $100 M&C = $671
(note that the M&C is incorrectly shown as being worth $110, the correct value is $100)

Stock Round #3

Tim buys WRA from the IPO for $60.

Chris buys L&N from the IPO for $75.

Alan passes.

Tim buys WRA from the IPO for $60.

Chris passes.

Alan passes.

Tim passes.

Chris has priority.

End of Stock Round #3

Vassal log file: http://gesserit.net/pbem/18al/SR3.log
Vassal save file: http://gesserit.net/pbem/18al/SR3.sav









Chris has priority
Chris' net worth = $16 cash + $360 WRA + $150 L&N + $120 ND Yards + $40 S&N AL = $686



Alan's net worth = $40 cash + $390 M&O + $60 WRA + $70 B&S LC + $20 Tuscumbia = $580



Tim's net worth = $1 cash + $450 L&N + $120 WRA + $100 M&C = $661
(note that the M&C is incorrectly shown as being worth $110, the correct value is $100)

Operating Round #3 Private Railroads

Tuscumbia Railway pays Alan $5.
South & North Alabama RR pays Chris $10.
Brown & Sons Lumber Co. pays Alan $15.
Memphis & Charleston RR pays Tim $20.
New Decatur Yards pays Chris $20.

Operating Round #3 Louisville & Nashville RR / L&N (President Tim)

Pays $60 to blast the mountain and places 441NE-F4 (Birmingham).

Pays $40 and places a station marker in F4 (Birmingham).

Receives $100 for reaching the L&N's historical destination.



Runs a 2 train A4($40)-C4($20) = $60, runs a 2 train G4($10)-E4-C4($20) = $30; total $90.



Pays $9/share dividends (Tim $54, Chris $18). Moves right to $80 on the stock chart.



Has $530, two 2 trains and 2 station markers.