[1826] Implementation Checklist

[philcampeau]

General

• Bank size: 12,000
• Currency format: F%s
• semi-restrictive tile lays
• Starting capital: `{ 2: 900, 3:600, 4: 450, 5: 360, 6: 300 }
• Cert limit: {2 => 28, 3 => 20, 4 => 16, 5 => 13, 6 => 11}
• Player count: 2 - 6
• Train roster
• Tile roster

Phases

• 2H
  • 1 OR
  • Yellow
  • Train limit: 2/4/-
  • No cross-buy trains
  • first offboard price
• 4H
  • 2 ORs
  • Yellow, Green
  • Train limit: 2/4/-
  • No cross-buy trains
  • first offboard price
• 6H
  • 2 ORs
  • Yellow, Green
  • Train limit 1/3/-
  • 2H rusts
  • May cross-buy trains
  • Etat Corporation may form
  • first offboard price
• 10H
  • 3 ORs
  • Yellow, Green, Brown
  • Train limit -/2/3
  • 4H rusts
  • Privates close
  • SNCF Corporation may form
  • second offboard price
• E
  • 3 ORs
  • Yellow, Green, Brown
  • Train limit -/2/3
  • 6H rusts
  • Special power tokens removed
  • SNCF Corporation may form
  • third offboard price
• TGV
  • 3 ORs
  • Yellow, Green, Brown, Gray
  • Train limit -/2/3
  • fourth offboard price

Private Companies

Events

• 2H - Private abilities may be used
• 6H - Can cross-buy trains, Etat may form
• 10H - Privates close, SNCF may form
• E - Special power tokens removed, SNCF may form

Stock Market

• white zone (as 1830)
• yellow zone (as 1830)
• red par prices: 110, 100, 90, 82, 75
• Stock Movement
  • down one space per share sold or issued.
  • 10 share corps (not 5) move up if all shares are held by players (not treasury), no movement if at top.
  • left if no dividend is paid.
  • right if corp pays out (full or half) an amount equal to or greater than share price, moves right once.
  • no movement if payout is greater than zero but less than share price.
  • left per loan taken.
  • right per loan paid.

Trains

• 6H rusts 2H
• 10H rusts 4H
• Quantity of 10H trains is dynamically determined based on # of corps in play after SCNF has opportunity to form. Since this happens on sale of first 10H, i think the easiest way will be to export unneeded 10H at that point. Corps/# of trains: 10/5, 9/4, 8/3, 7(or fewer)/2
• E rusts 6H
• E-trains do not include towns in revenue
• E-trains run for variable value:
  • When first is bought, it runs 2 cities and doubles them
  • When second & third are bought, they all run 3 cities and double them
  • when 4th is bought, they run 4 cities and double them.
  • When the first TGV is bought, all E trains now run 5 cities and do not double them.
• TGV
  • TGV do not include towns in revenue
  • TGV may reuse track used by other trains
  • TGV runs 3 cities and doubles their value
  • Max one TGV per corp

Corporations

• 50% float, incremental cap.
• Phase 2H: Can only start 5-share companies except for Etat Belge
• Phase 6H: Can only start 10-share companies, unsold shares in treasury.
• Phase 10H: Can only start 10-share companies, after 5 shares are sold, remaining shares are issued to the bankpool and corp receives full 10-share capitalization.
  

Destinations

• Destination determination ignores tokens
• 5-share corp may choose to become 10-share during its OR, upon reaching destination.
• Upon conversion, remaining 5 shares added to treasury.
• 10-share corps do not have any destination benefit.
• On Phase 10H, corps are all considered to have reached their destination immediately.

Initial Auction

• Waterfall auction
• if all pass, player with Priority buys P1, or all owned privates pay out.
• Minimum bid 5 above face
• Increments of 5
• only highest bid cash is reserved on each auction. (will need to look into this more)

Stock Round

• Sell / Buy
• price drops per share sold
• Parring
  • Incremental cap if parred before phase 10H, unsold incremental shares in treasury
  • as of phase 10H, corps get full cap on float, unsold shares go to bankpool on float.
  • Prior to phase 6H corps par as 5-share if their home is not yet connected to their destination, 10 share otherwise
  • corps started as 5-share get 3 tokens
  • corps started as 10-share get 4 tokens
  • Phase 6H and later, only 10-share
  • Etat Belge is always 10-share
  • 5 share can use all par prices
  • 50% to float all corps (5-share defaults to 60)
  • token placed on map immediately upon float

Operating Round

• OR structure is like 1830
• privates pay dividends
• 1 lay or upgrade per OR, corp may lay 2 yellow tiles (only yellow) in its first operating turn.
• Etat and SNCF do not get second yellow tile lay in their first operating turn.
• tokens are F20 per hex distance from nearest corp token.
• trains may run to, but not through, Paris (like London in 1822)
• track may not be laid in the hexes surrounding Paris without consent from the corporation whose home station is adjacent to each hex (like London in 1822)
• no corporation can lay or upgrade track in Belgium (upper right portion of map) until Etat Belge has operated.

Train Buying

• may not crossbuy before phase 6H
• Corporations with loans may only buy trains at or below face value
• Corporations with loans may only sell trains at or above face value
• L’Etat and the SNCF can only buy and sell trains at face value
• EMR
  • Corp must always own a train at the end of its operating turn, regardless of routes.
  • If the corp has insufficient money to buy a train, it must take a F500 loan. If this is still not enough, it may take a second loan. No more than 2 loans may ever be held by a corp.
  • corporation may not issue shares during EMR
  • if loans do not provide enough money, standard EMR applies.
  • presidencies may change hands during EMR, except for the presidency of the corp that is EMR.
• If the SNCF (ONLY the SNCF) is forced to buy a train, it must issue its Bonds prior to taking out a Loan. Each SNCF Bond is worth F100. Any Bonds issued to pay for a train are placed in the bankpool, where players may buy them, or SNCF can redeem them.
• SNCF pays bond interest to the bond holder. If in the bankpool, interest is paid to the bank. If bond is player-owned, player receives bond interest from SNCF treasury.

Bankruptcy

• All money raised for the corp remains in its treasury
• all remaining player holdings are placed in the bank pool. The 50% limit on shares in the bank is waived here, as is the restriction against presidencies in the bank pool.
• if the Etat or SNCF presidencies are sold during a bankruptcy and no one else has at least 2 shares, the corp is closed without compensation, and all tokens are removed from the map. It’s trains are placed in the bank pool.

Loans

• Loans are F500.
• F50 Interest must be paid each OR after earnings are calculated but before they are paid.
• if the corporation doesn’t have the full interest in its treasury, the interest is withheld from the dividends directly.
• if this is still not enough to pay interest, enter EMR as above.
• share price moves left when loan is taken
• share price moves right when loan is paid

National Railway Formation

• Etat
  • possibly formed at phase 6H
  • Forms through merger of at least two trainless corporations after 2H rust
  • All corps (other than Etat Belge) that have operrated at least once and are now trainless merge in
  • No other corps may merge in
  • If only one corp is left trainless, merger does not happen and Etat does not form.
  • If Etat forms, first, all merging corps immediately convert to 10-share corps, with the remaining 5 shares being added to the treasury.
  • Starting with the president of the corp that bought the first 6H and continuing clockwise, holders of shares in merging corps exchange their shares 2 for 1 with shares in the Etat.
  • odd shares are discarded to the pool without compensation
  • First eligible player receives presidency
  • Etat treasury exchanges shares 2:1, discarding odd share if any.
  • the pool exchanges shares 2:1, discarding odd share if any
  • if there are not enough Etat shares to replace all merger shares, leftover shares are discarded without compensation.
  • any remaining unexchanged shares are placed in the Etat treasury
  • Etat starting price is the average price of the two most valuable corps merged in, rounded down to the nearest value on the top row of the market, to a minimum price of F82.
  • Share price is moved left once for each loan inherited by the Etat.
  • all home tokens on map are exchanged with Etat tokens
  • Etat may choose to keep up to one additional map token from each corp
  • Etat may have multiple tokens in Paris, only one in other cities
  • Etat receives all money and special abilities from merging corps
  • Etat receives an additional 3 tokens
  • Merged in corps are removed from play
  • Etat operates as long as at least 5 shares are out of its treasury
  • Etat operates this OR, as long as none of the merging corps have operated yet. Otherwise it will operate in the following OR.
• SNCF
  • All rules are the same as formation of Etat, except as follows:
  • SNCF can form immediately after sale of first 10H and again after sale of first E
  • If not formed after sale of first E, SNCF does not form
  • Again, SNCF is formed if 2 or more corporations which have operated at least once are left trainless after rusting event.
  • Again, Etat Belge cannot merge in (but apparently Etat can, rules aren’t clear)
  • minimum price will be F110, rather than 82.
  • after replacing all home tokens, SNCF may replace up to two tokens per corporation.

Game End

• Ends after current set when the bank runs out
• Game ends immediately if all but one player bankrupt