{"id":182,"date":"2026-07-28T04:31:32","date_gmt":"2026-07-28T04:31:32","guid":{"rendered":"https:\/\/mikecaine.im\/?page_id=182"},"modified":"2026-08-02T08:58:31","modified_gmt":"2026-08-02T08:58:31","slug":"howstrake-liquidation-tramway","status":"publish","type":"page","link":"https:\/\/mikecaine.im\/index.php\/howstrake-liquidation-tramway\/","title":{"rendered":"Howstrake Liquidation Tramway"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"182\" class=\"elementor elementor-182\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-fa0bf0b e-flex e-con-boxed e-con e-parent\" data-id=\"fa0bf0b\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b61984f elementor-widget elementor-widget-heading\" data-id=\"b61984f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Howstrake Heritage Guide<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7597574 elementor-widget elementor-widget-heading\" data-id=\"7597574\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Howstrake\nLiquidation Of The Tramway Company <span> - 1902<\/span><\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-25f278a elementor-widget elementor-widget-text-editor\" data-id=\"25f278a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Following the collapse of Dumbell&#8217;s Bank, the Isle of Man Tramways and Electric Power Company entered liquidation in 1902. The railway was restructured under new ownership, leading to the creation of the Manx Electric Railway Company and ensuring the continued growth of Howstrake as a popular coastal destination for generations of visitors.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-9613685 e-flex e-con-boxed e-con e-parent\" data-id=\"9613685\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-56e18ec e-con-full e-flex e-con e-child\" data-id=\"56e18ec\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ee7031b elementor-widget elementor-widget-text-editor\" data-id=\"ee7031b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>As a result of the failure of Dumbell&#8217;s Bank, the Isle of Man Tramways and Electric Power Co., as it then was, was forced into liquidation but the service continued under the liquidator. By January 1902 arrangements for the disposal of the undertaking were nearing completion. The Douglas horse trams and cable cars which the Tramway company had owned were purchased by the Douglas Corporation and the tramways were sold to a syndicate for \u00a3252,000. A new company was formed in November of that year and this company, the Manx Electric Railway Co., bought the railway from the syndicate for \u00a3364,000.<\/p><p>Under the new ownership the railway prospered and, operating on a more secure basis, improvements were made both to the track and to the rolling stock. The prudent management ensured the future of the line and easy and inexpensive access, over the next fifty years, for the, literally, millions of tourists to the Groudle Glen, the Howstrake Holiday Camp, the golf links, the White City Amusement Park and the other amenities of coastal Onchan.<\/p><p>Following the down-turn in the fortunes of the railway in the fifties, the line was nationalised by the Manx Government in 1957 and continues, perhaps not so much as a means of transport, but as an experience in itself and also as a living museum of railway history.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Howstrake Heritage Guide Howstrake Liquidation Of The Tramway Company &#8211; 1902 Following the collapse of Dumbell&#8217;s Bank, the Isle of Man Tramways and Electric Power Company entered liquidation in 1902. The railway was restructured under new ownership, leading to the creation of the Manx Electric Railway Company and ensuring the continued growth of Howstrake as [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-182","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Howstrake Liquidation Tramway - Mike&#039;s Test Page<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mikecaine.im\/index.php\/howstrake-liquidation-tramway\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Howstrake Liquidation Tramway - Mike&#039;s Test Page\" \/>\n<meta property=\"og:description\" content=\"Howstrake Heritage Guide Howstrake Liquidation Of The Tramway Company &#8211; 1902 Following the collapse of Dumbell&#8217;s Bank, the Isle of Man Tramways and Electric Power Company entered liquidation in 1902. 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