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35B's Recent Activity

  1. 35B replied to the thread North Yorkshire Moors Railway General Discussion.

    As you say, conflicts exist and need to be managed. But on one board I sit on, we have a real problem of quoracy when voting on pay - because so many of those on the board (mostly ex-officio) have a conflict. While I disagree with the principle...

    Aug 21, 2026 at 11:31 AM

  2. 35B replied to the thread North Yorkshire Moors Railway General Discussion.

    You are continuing to focus on formal accountability. At that level, I'd tend to agree with your suggestions about the right structures, but note that where latitude has existed, the Trust has in practice tended to lean the other way unless...

    Aug 21, 2026 at 11:29 AM

  3. 35B replied to the thread North Yorkshire Moors Railway General Discussion.

    Again, sadly, the focus is on pinpricks of detail that are not fundamentally about good governance. The duties in relation to a solvent winding up are vanishingly unlikely in the normal course of business, and inherent to running a solvent...

    Aug 21, 2026 at 10:40 AM

  4. 35B replied to the thread North Yorkshire Moors Railway General Discussion.

    A director's statutory duties to minority shareholders, external stakeholders or staff do not of themselves preclude taking difficult decisions. Indeed, part of the director's duty is to run a solvent company and to avoid enforced liquidation;...

    Aug 21, 2026 at 10:07 AM

  5. 35B replied to the thread North Yorkshire Moors Railway General Discussion.

    Precisely what I mean about dilution of accountability. There is a huge gap in that relationship, which is right at the core of what we're discussing here.

    Aug 21, 2026 at 9:17 AM

  6. 35B replied to the thread North Yorkshire Moors Railway General Discussion.

    I don’t think anyone is suggesting that breach of statutory duties is a problem, or even that if PLC directors said “this is a problem”, the trust would exercise those powers in that way. I do however think that there is an issue with the seeming...

    Aug 21, 2026 at 9:04 AM

  7. 35B liked RalphW's post in the thread Fire Risk.

    Most people get dressed at home... ;)

    Aug 21, 2026 at 8:06 AM

  8. 35B liked jnc's post in the thread North Yorkshire Moors Railway General Discussion.

    The NYMR has had substantial yearly losses for several years running; this is not conspiracy theory, but the NYMR's own accounting. The NYMR needs substantial contributions from supporters to make up for those operating losses; this also is not...

    Aug 20, 2026 at 9:27 PM
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