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Old May 30th 12, 10:13 AM posted to uk.railway,misc.transport.urban-transit,uk.transport.london
Bruce[_2_] Bruce[_2_] is offline
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Default BML2/Crossrail Western Extensions.

Charles Ellson wrote:
The interpretation of "stock" seems to be a bit woolly and
internationally variable; I was taking it as investments issued which
were backed by LPTB's assets but which involved no rights of
ownership.



That would seem to indicate that they were bonds.