Misplaced Pages

Raleigh Bicycle Company

Article snapshot taken from Wikipedia with creative commons attribution-sharealike license. Give it a read and then ask your questions in the chat. We can research this topic together.

Limited liability is a legal status in which a person's financial liability is limited to a fixed sum, most commonly the value of a person's investment in a corporation, company or joint venture. If a company that provides limited liability to its investors is sued, then the claimants are generally entitled to collect only against the assets of the company, not the assets of its shareholders or other investors. A shareholder in a corporation or limited liability company is not personally liable for any of the debts of the company, other than for the amount already invested in the company and for any unpaid amount on the shares in the company, if any—except under special and rare circumstances that permit " piercing the corporate veil ". The same is true for the members of a limited liability partnership and the limited partners in a limited partnership . By contrast, sole proprietors and partners in general partnerships are each liable for all the debts of the business (unlimited liability).

#597402

126-579: The Raleigh Bicycle Company is a British bicycle manufacturer based in Nottingham , England and founded by Woodhead and Angois in 1885. Using Raleigh as their brand name, it is one of the oldest bicycle companies in the world. After being acquired by Frank Bowden in December 1888, it became The Raleigh Cycle Company, which was registered as a limited liability company in January 1889. By 1913, it

252-657: A frame , one behind the other. A bicycle rider is called a cyclist, or bicyclist. Bicycles were introduced in the 19th century in Europe . By the early 21st century there were more than 1 billion bicycles. There are many more bicycles than cars . Bicycles are the principal means of transport in many regions. They also provide a popular form of recreation , and have been adapted for use as children's toys . Bicycles are used for fitness , military and police applications, courier services , bicycle racing , and artistic cycling . The basic shape and configuration of

378-534: A "women's" bicycle, step-through frames are not common for larger frames. Step-throughs were popular partly for practical reasons and partly for social mores of the day. For most of the history of bicycles' popularity women have worn long skirts, and the lower frame accommodated these better than the top-tube. Furthermore, it was considered "unladylike" for women to open their legs to mount and dismount—in more conservative times women who rode bicycles at all were vilified as immoral or immodest. These practices were akin to

504-460: A 'straight handlebar' or 'riser bar' with varying degrees of sweep backward and centimeters rise upwards, as well as wider widths which can provide better handling due to increased leverage against the wheel. Saddles also vary with rider preference, from the cushioned ones favored by short-distance riders to narrower saddles which allow more room for leg swings. Comfort depends on riding position. With comfort bikes and hybrids, cyclists sit high over

630-534: A French citizen, set up a small bicycle workshop in Raleigh Street, Nottingham , England. In the spring of that year, they started advertising in the local press. The Nottinghamshire Guardian of 15 May 1885 printed what was possibly the first Woodhead and Angois classified advertisement. Nearly two years later, the 11 April 1887 issue of the Nottingham Post contained a display advertisement for

756-568: A French publication to describe an unidentified two-wheeled vehicle, possibly a carriage. The design of the bicycle was an advance on the velocipede , although the words were used with some degree of overlap for a time. Other words for bicycle include "bike", "pushbike", "pedal cycle", or "cycle". In Unicode , the code point for "bicycle" is 0x1F6B2. The entity 🚲 in HTML produces 🚲. Although bike and cycle are used interchangeably to refer mostly to two types of two-wheelers,

882-545: A Raleigh 'Safety' in 1887, he did not visit the Raleigh workshop until autumn 1888. That visit led to Bowden replacing Ellis as the partnership's principal investor, though Bowden did not become the outright owner of the firm. He concluded that the company had a profitable future if it promoted its innovative features, increased its output, cut its overhead costs and tailored its products to the individual tastes and preferences of its customers. He bought out William Ellis's share in

1008-572: A Raleigh bicycle in a shop window in Queen Victoria Street, London , about the time that William Ellis's investment in the cycle workshop was beginning to take effect. Bowden described how this led to him visiting the Raleigh works: In the early part of 1887, while looking for a good specimen of the then new safety bicycle, I came across a Raleigh in London. Its patent changeable gear and other special features struck me as superior to all

1134-474: A Scottish blacksmith, in 1839, although the claim is often disputed. He is also associated with the first recorded instance of a cycling traffic offense, when a Glasgow newspaper in 1842 reported an accident in which an anonymous "gentleman from Dumfries-shire... bestride a velocipede... of ingenious design" knocked over a little girl in Glasgow and was fined five shillings (equivalent to £30 in 2023). In

1260-481: A bicycle at low to medium speeds of around 16–24 km/h (10–15 mph) uses only the power required to walk. Air drag, which is proportional to the square of speed, requires dramatically higher power outputs as speeds increase. If the rider is sitting upright, the rider's body creates about 75% of the total drag of the bicycle/rider combination. Drag can be reduced by seating the rider in a more aerodynamically streamlined position. Drag can also be reduced by covering

1386-496: A bike both stiff and compliant by manipulating the lay-up. Virtually all professional racing bicycles now use carbon fibre frames, as they have the best strength to weight ratio. A typical modern carbon fiber frame can weigh less than 1 kilogram (2.2 lb). Other exotic frame materials include titanium and advanced alloys. Bamboo , a natural composite material with high strength-to-weight ratio and stiffness has been used for bicycles since 1894. Recent versions use bamboo for

SECTION 10

#1732790878598

1512-585: A chain drive. A two-passenger version was followed by Raleigh's first three-wheel car, the Safety Seven. It was a four-seat convertible with shaft drive and a maximum speed of 55 mph (89 km/h). A saloon version was planned, but Raleigh shut its motor department to concentrate on bicycles again. Chief designer T. L. Williams took the equipment and remaining parts and moved to Tamworth , where his company produced three-wheelers for 65 years. The leftover parts from Raleigh carried an "R", so Williams chose

1638-569: A conventional rear wheel brake, but not as effective as a front wheel brake. Bicycle suspension refers to the system or systems used to suspend the rider and all or part of the bicycle. This serves two purposes: to keep the wheels in continuous contact with the ground, improving control, and to isolate the rider and luggage from jarring due to rough surfaces, improving comfort. Bicycle suspensions are used primarily on mountain bicycles, but are also common on hybrid bicycles, as they can help deal with problematic vibration from poor surfaces. Suspension

1764-496: A cyclist to make fewer pedal turns to maintain a given speed, but with more effort per turn of the pedals. With a chain drive transmission, a chainring attached to a crank drives the chain, which in turn rotates the rear wheel via the rear sprocket(s) ( cassette or freewheel ). There are four gearing options: two-speed hub gear integrated with chain ring, up to 3 chain rings, up to 12 sprockets, hub gear built into rear wheel (3-speed to 14-speed). The most common options are either

1890-800: A factory in Kent, Washington manufacturing two Raleigh lines, the bimetallic Technium road bike line, which used heat-treated aluminum main frame tubes, thermally bonded and heat-cured to internal steel lugs using a Boeing-developed proprietary epoxy – along with chromoly steel head tube and rear stays. Kent also manufactured the off-road chromoly steel Altimetric line (Tangent CX, Traverse CX, Tactic CX and Talon CX 1991–1992). The factory closed in 1994. All Raleigh Cycle Company of America parts and frames from 1995 on were then mass-produced in China and Taiwan and assembled in other plants. The high-end framesets offered for sale in Raleigh catalogues together with

2016-402: A fellow libertarian, who stated that a "libertarian society would be a full-liability society where everyone is fully responsible for his actions and any harmful consequences they might cause". The 1957 Brussels Convention and the 1976 London Convention on Limitation of Liability for Maritime Claims permit the charterer, manager, operators and salvors of a ship, and the master and members of

2142-506: A general principle of corporate law , in the United States, a parent entity and the sole owner are not liable for the acts of its subsidiaries. However, they may be liable for its subsidiaries' obligations when the law supports "piercing the corporate veil". Provided that the parent entity or the sole owner do not maintain separate legal identities from the subsidiary (through inadequate/ undocumented transfer of funds and assets),

2268-399: A high gear when cycling downhill, a medium gear when cycling on a flat road, and a low gear when cycling uphill. In a lower gear every turn of the pedals leads to fewer rotations of the rear wheel. This allows the energy required to move the same distance to be distributed over more pedal turns, reducing fatigue when riding uphill, with a heavy load, or against strong winds. A higher gear allows

2394-517: A key role in the development of the automobile were initially invented for use in the bicycle, including ball bearings , pneumatic tires , chain-driven sprockets , and tension-spoked wheels . The word bicycle first appeared in English print in The Daily News in 1868, to describe "Bysicles and trysicles" on the "Champs Elysées and Bois de Boulogne". The word was first used in 1847 in

2520-485: A lifelong member of the Conservative Party, wrote in 1855: [T]hat he who acts through an agent should be responsible for his agent's acts, and that he who shares the profits of an enterprise ought also to be subject to its losses; that there is a moral obligation, which it is the duty of the laws of a civilized nation to enforce, to pay debts, perform contracts and make reparation for wrongs. Limited liability

2646-592: A limited liability investor with a potentially crushing liability and restricting investment to the very wealthy. During the Overend Gurney crisis (1866–1867) and the Long Depression (1873–1896) many companies fell into insolvency and the unpaid portion of the shares fell due. Further, the extent to which small and medium investors were excluded from the market was admitted and, from the 1880s onwards, shares were more commonly fully paid. Although it

SECTION 20

#1732790878598

2772-498: A matching name: Reliant . Raleigh also made mopeds in the late 1950s and 1960s as the bicycle market declined. The most popular of which was the RM6 Runabout. This model featured unsprung front forks and a cycle type calliper front brake which made it a very affordable mode of transport. Because of its success, production continued until February 1971; 17 months after Raleigh had stopped manufacturing all other mopeds. With

2898-465: A narrow range of pedaling speeds, or cadence , a variable gear ratio helps a cyclist to maintain an optimum pedalling speed while covering varied terrain. Some, mainly utility, bicycles use hub gears with between 3 and 14 ratios, but most use the generally more efficient dérailleur system, by which the chain is moved between different cogs called chainrings and sprockets to select a ratio. A dérailleur system normally has two dérailleurs, or mechs, one at

3024-865: A proliferation of specialized bicycle types, improved bicycle safety , and riding comfort. Bicycles can be categorized in many different ways: by function, by number of riders, by general construction, by gearing or by means of propulsion. The more common types include utility bicycles , mountain bicycles , racing bicycles , touring bicycles , hybrid bicycles , cruiser bicycles , and BMX bikes . Less common are tandems , low riders , tall bikes , fixed gear , folding models , amphibious bicycles , cargo bikes , recumbents and electric bicycles . Unicycles , tricycles and quadracycles are not strictly bicycles, as they have respectively one, three and four wheels, but are often referred to informally as "bikes" or "cycles". A bicycle stays upright while moving forward by being steered so as to keep its center of mass over

3150-584: A rate increase in foreign bicycle tariffs caused a shift in imports in favour of bicycles from West Germany and the Netherlands . However, this proved only a temporary setback, and by 1964, Raleigh was again a major selling brand in the US bicycle market. In 1965, Raleigh introduced the RSW 16, its long-awaited competitor to the hugely successful Moulton Bicycle . The new Raleigh shared several important features with

3276-490: A rear hub or multiple chain rings combined with multiple sprockets (other combinations of options are possible but less common). The handlebars connect to the stem that connects to the fork that connects to the front wheel, and the whole assembly connects to the bike and rotates about the steering axis via the headset bearings. Three styles of handlebar are common. Upright handlebars , the norm in Europe and elsewhere until

3402-584: A sales agent of the Coventry Sewing Machine Company (which soon became the Coventry Machinists Company ), brought a Michaux cycle to Coventry , England. His uncle, Josiah Turner, and business partner James Starley , used this as a basis for the 'Coventry Model' in what became Britain's first cycle factory. The dwarf ordinary addressed some of these faults by reducing the front wheel diameter and setting

3528-662: A separate Dutch group Accell for £62m (US$ 100m), whose portfolio included the Lapierre and Ghost bicycle brands. Raleigh had a long association with cycle sport. Most notable is the TI–Raleigh team of the 1970s and 1980s. In 1980 Joop Zoetemelk won the Tour de France on a Raleigh during which time Admiral Sports produced the jersey. In the mid-1980s the Raleigh team was co-sponsored by Panasonic . In 1984, riding Raleigh-badged bicycles, Team USA scored several impressive victories at

3654-618: A similar pattern as in aircraft, the goal being high strength and low weight. Since the late 1930s alloy steels have been used for frame and fork tubes in higher quality machines. By the 1980s aluminum welding techniques had improved to the point that aluminum tube could safely be used in place of steel . Since then aluminum alloy frames and other components have become popular due to their light weight, and most mid-range bikes are now principally aluminum alloy of some kind. More expensive bikes use carbon fibre due to its significantly lighter weight and profiling ability, allowing designers to make

3780-567: A typical upright or "safety" bicycle , has changed little since the first chain-driven model was developed around 1885. However, many details have been improved, especially since the advent of modern materials and computer-aided design . These have allowed for a proliferation of specialized designs for many types of cycling. In the 21st century, electric bicycles have become popular. The bicycle's invention has had an enormous effect on society, both in terms of culture and of advancing modern industrial methods. Several components that played

3906-511: A wheelset, especially in the context of ready-built "off the shelf", performance-oriented wheels. Tires vary enormously depending on their intended purpose. Road bicycles use tires 18 to 25 millimeters wide, most often completely smooth, or slick , and inflated to high pressure to roll fast on smooth surfaces. Off-road tires are usually between 38 and 64 mm (1.5 and 2.5 in) wide, and have treads for gripping in muddy conditions or metal studs for ice. Groupset generally refers to all of

Raleigh Bicycle Company - Misplaced Pages Continue

4032-421: A year. In 1981, the former Carlton factory at Worksop closed after a vote was held. The original decision to continue at Worksop was reversed but the management decided to go with the original decision, and by the autumn production was moved to a Lightweights facility at Nottingham. However, all bicycles made there afterward still carried the W for Worksop frame number designation until early 1990. In 1982, rights to

4158-436: Is also confirmed by Nottinghamshire Archives. In recent years, the Raleigh company has cited 1887 as a foundation date but, whilst this pre-dates Bowden's involvement, the Raleigh brand name was created by Woodhead and Angois and the enterprise can, as demonstrated above, be traced back to 1885. The company established by Bowden in December 1888 was still privately owned with unlimited public liability. In January 1889, it became

4284-505: Is applied to brake levers mounted on the handlebars and transmitted via Bowden cables or hydraulic lines to the friction pads, which apply pressure to the braking surface, causing friction which slows the bicycle down. A rear hub brake may be either hand-operated or pedal-actuated, as in the back pedal coaster brakes which were popular in North America until the 1960s. Track bicycles do not have brakes, because all riders ride in

4410-445: Is especially important on recumbent bicycles, since while an upright bicycle rider can stand on the pedals to achieve some of the benefits of suspension, a recumbent rider cannot. Basic mountain bicycles and hybrids usually have front suspension only, whilst more sophisticated ones also have rear suspension. Road bicycles tend to have no suspension. The wheel axle fits into fork ends in the frame and fork. A pair of wheels may be called

4536-414: Is founded on the opposite principle and permits a man to avail himself of acts if advantageous to him, and not to be responsible for them if they should be disadvantageous; to speculate for profits without being liable for losses; to make contracts, incur debts, and commit wrongs, the law depriving the creditor, the contractor, and the injured of a remedy against the property or person of the wrongdoer, beyond

4662-440: Is partly set in Raleigh's Nottingham factory, Sillitoe himself being an ex-employee of the firm. Several scenes for the 1960 film adaptation starring Albert Finney were filmed on location at the factory itself. In the 1985 movie American Flyers , David Sommers played by David Marshall Grant, is seen riding through St. Louis, Missouri, on a Raleigh bicycle from that same era. Later in the film, specialized bicycles are used for

4788-433: Is related to the concept of separate legal personality bestowed on the corporate form , which is promoted as encouraging entrepreneurship by various economists, enabling large sums to be pooled towards an economically beneficial purpose. Limited liability has been justified as promoting investment and capital formation by reassuring risk averse investors. An early critic of limited liability, Edward William Cox ,

4914-407: Is suggested early in the film when Bacon dismounts while in motion and a distinct clicking sound is heard until the bike stops moving. A 1984/5 Raleigh Grand Prix is used for the opening chase sequence, and a 1984 or '85 Super Course makes a brief appearance in the opening credits. In 2019, Raleigh 's electric bikes featured in episode 4 of the 2019 season of The Apprentice. A much expanded version of

5040-471: Is the most efficient human-powered means of transportation in terms of energy a person must expend to travel a given distance. From a mechanical viewpoint, up to 99% of the energy delivered by the rider into the pedals is transmitted to the wheels, although the use of gearing mechanisms may reduce this by 10–15%. In terms of the ratio of cargo weight a bicycle can carry to total weight, it is also an efficient means of cargo transportation. A human traveling on

5166-403: Is used to determine if piercing is appropriate or not. If shares are issued "part-paid", then the shareholders are liable, when a claim is made against the capital of the company, to pay to the company the balance of the face or par value of the shares. By the 15th century, English law had awarded limited liability to monastic communities and trade guilds with commonly held property. In

Raleigh Bicycle Company - Misplaced Pages Continue

5292-602: The Giro d'Italia , the Tour de France , the Vuelta a España , the Tour de Pologne , and the Volta a Portugal . They are also used for entertainment and pleasure in other ways, such as in organised mass rides, artistic cycling and freestyle BMX . The bicycle has undergone continual adaptation and improvement since its inception. These innovations have continued with the advent of modern materials and computer-aided design, allowing for

5418-947: The Honda Super Cub motorcycle, has more than 100 million units made, while most produced car, the Toyota Corolla , has reached 44 million and counting. Bicycles are used for transportation, bicycle commuting , and utility cycling . They are also used professionally by mail carriers , paramedics , police , messengers , and general delivery services. Military uses of bicycles include communications , reconnaissance , troop movement, supply of provisions, and patrol, such as in bicycle infantries . They are also used for recreational purposes, including bicycle touring , mountain biking , physical fitness , and play . Bicycle sports include racing , BMX racing , track racing , criterium , roller racing , sportives and time trials . Major multi-stage professional events are

5544-544: The Limited Liability Act 1855 . There was a degree of public and legislative distaste for a limitation of liability, with fears that it would cause a drop in standards of probity. The 1855 Act allowed limited liability to companies of more than 25 members (shareholders). Insurance companies were excluded from the act, though it was standard practice for insurance contracts to exclude action against individual members. Limited liability for insurance companies

5670-662: The Olympic Games in Los Angeles. The company also supplied bicycles to the French Système U team in the late 1980s where Laurent Fignon lost the 1989 Tour de France to Greg LeMond by 8 seconds. The company's special products division made race frames, including those used by the Raleigh professional team of the 1970s. Presently Raleigh as a company owns the Diamondback Bike brand as well. During

5796-527: The Raleigh USA name were purchased by the Huffy Corporation after decades of being the US distributor of Raleigh bikes from England. Under the terms of the agreement, Raleigh of England licensed Huffy to design and distribute Raleigh bicycles in the US, and Huffy was given instant access to a nationwide network of bike shops. The renamed Raleigh Cycle Company of America sold their bikes in

5922-555: The University of Nottingham and Sturmey-Archer and saddle manufacturer Brooks to a small company called Lenark. Lenark promised to build a new factory in Calverton but failed to pay the first instalment and the company entered liquidation. It was reported that the reason for selling the business, after extracting the cash for the factory site, was to have Lenark declare it insolvent so that neither Derby nor Lenark would have to pay

6048-503: The World Fair and was produced in a few thousand units. In the 1870s many cycling clubs flourished. They were popular in a time when there were no cars on the market and the principal mode of transportation was horse-drawn vehicles , such the horse and buggy or the horsecar . Among the earliest clubs was The Bicycle Touring Club , which has operated since 1878. By the turn of the century, cycling clubs flourished on both sides of

6174-407: The seat further back. This, in turn, required gearing—effected in a variety of ways—to efficiently use pedal power. Having to both pedal and steer via the front wheel remained a problem. Englishman J.K. Starley (nephew of James Starley), J.H. Lawson, and Shergold solved this problem by introducing the chain drive (originated by the unsuccessful "bicyclette" of Englishman Henry Lawson), connecting

6300-522: The seat tube was added which created the modern bike's double-triangle diamond frame . Further innovations increased comfort and ushered in a second bicycle craze , the 1890s Golden Age of Bicycles . In 1888, Scotsman John Boyd Dunlop introduced the first practical pneumatic tire, which soon became universal. Willie Hume demonstrated the supremacy of Dunlop's tyres in 1889, winning the tyre's first-ever races in Ireland and then England. Soon after,

6426-557: The 17th century, joint stock charters were awarded by the crown to monopolies such as the East India Company . The world's first modern limited liability law was enacted by the state of New York in 1811. In England it became more straightforward to incorporate a joint stock company following the Joint Stock Companies Act 1844 , although investors in such companies carried unlimited liability until

SECTION 50

#1732790878598

6552-443: The 1970s, curve gently back toward the rider, offering a natural grip and comfortable upright position. Drop handlebars "drop" as they curve forward and down, offering the cyclist best braking power from a more aerodynamic "crouched" position, as well as more upright positions in which the hands grip the brake lever mounts, the forward curves, or the upper flat sections for increasingly upright postures. Mountain bikes generally feature

6678-485: The 1980s Raleigh also supported British professional teams, including Raleigh Banana and Raleigh Weinmann . Raleigh's most notable riders were Paul Sherwin , Malcolm Elliott , Mark Bell , Paul Watson , Jon Clay and Jeff Williams . It also sponsored a mountain bike team in the early 1990s that also raced in road events. In 2009 it was announced that the company would be creating a new Continental -level cycling team called Team Raleigh . The Team were co-sponsored by

6804-572: The 1980s, together with Raleigh branded models such as the popular Raleigh Arena. However, the majority of Raleigh branded models were built in the main plant at Nottingham. Sun branded bicycles were made in the Carlton factory at Worksop, England. As a vertically integrated manufacturer in the mid-1960s, TI–Raleigh owned Brooks (one of the oldest saddle makers in the world), Sturmey-Archer (pioneer of 3-speed hubs), and Reynolds (maker of 531 tubing ). Carlton, which had been unable to make inroads in

6930-498: The 1981 Raleigh Bomber had the original Raleigh 26 TPI threading despite the earlier Grifter model and Chopper (1974 on) having already reverted to 24 TPI. The Raleigh Chopper was designed by Nottingham native Alan Oakley , though this has been disputed by Cambridge designer Tom Karen . The Chopper was patented in the UK in 1967 and patented in the US in 1968. The bike was the "must have" item and signifier of "coolness" for many children at

7056-656: The American market, except the top-of-the range Team Professional (made in Ilkeston) and Prestige road bikes (made in Nottingham), were produced in the Far East. Meanwhile, in the home market, Raleigh had broken into the new UK BMX market with their Burner range, which was very successful. In 1987, the leading German bicycle manufacturer Derby Cycle bought Raleigh from Ti and Raleigh USA from Huffy. In 1988, Derby opened

7182-520: The Atlantic, and touring and racing became widely popular. The Raleigh Bicycle Company was founded in Nottingham, England in 1888. It became the biggest bicycle manufacturing company in the world, making over two million bikes per year. Bicycles and horse buggies were the two mainstays of private transportation just prior to the automobile, and the grading of smooth roads in the late 19th century

7308-657: The British Cycle Corporation with Raleigh to form TI–Raleigh, which now had 75% of the UK market. TI–Raleigh then acquired Carlton Cycles in Worksop , England that same year, at the time one of the largest semi-custom lightweight makers in the UK. TI Raleigh gave total control of its cycle division to Raleigh and soon set about marketing many of the acquired names as budget ranges, though with Raleigh frames. The old Lines Bros. factory at Handsworth, acquired in 1971, produced non Raleigh branded product well into

7434-524: The Moulton, including small wheels, an open frame and built-in luggage carrying capacity. However, the RSW lacked the Moulton's suspension, which compensated for the bumpy ride that comes with small wheels. Instead, Raleigh fitted the RSW with balloon tyres , which effectively smoothed the ride but at the cost of increased rolling resistance. Nevertheless, the RSW was pleasant to ride, and Raleigh's extensive retail network ensured its success. The success of

7560-466: The RSW took sales away from the Moulton and put that maker into financial difficulties. Raleigh then bought out Moulton and produced both bikes until 1974. Raleigh also produced a sister model to the RSW, the 'Twenty' , which was more successful and which remained in production well into the 1980s. While bicycle production had steadily risen through the mid-1950s, the British market began to decline with

7686-442: The Raleigh 'Safety' model under the new banner 'Woodhead, Angois, and Ellis. Russell Street Cycle Works.' William Ellis had recently joined the partnership and provided much-needed financial investment. Like Woodhead and Angois, Ellis's background was in the lace industry. He was a lace gasser, a service provider involved in the bleaching and treating of lace, with premises in nearby Clare Street and Glasshouse Street. Thanks to Ellis,

SECTION 60

#1732790878598

7812-595: The Raleighette, a belt-driven three-wheel motorcycle with the driver in the back and a wicker seat for the passenger between the two front wheels. Financial losses meant production lasted only until 1908. In 1930, the company acquired the rights to the Ivy Karryall, a motor tricycle fitted with a cabin for cargo and a hood for the driver. Raleigh's version was called the Light Delivery Van and had

7938-411: The UK there was initially a widespread belief that a corporation needed to demonstrate its creditworthiness by having its shares only partly paid , as where shares are partly paid, the investor would be liable for the remainder of the nominal value in case the company could not pay its debts. Shares with nominal values of up to £1,000 were therefore subscribed to with only a small payment, leaving even

8064-486: The UK with 280 assembly and factory staff made redundant, and bicycles were to come "from Vietnam and other centres of 'low-cost, high-quality' production." with final assembly taking place in Cloppenburg , Germany. In 2012, Derby agreed to be acquired by Pon Holdings , a Dutch company, as part of their new bicycle group. and buyout terms were agreed in 2012. In April 2012, Raleigh UK, Canada and USA were acquired by

8190-470: The US. In the rest of the world, origin varied. The majority of territories received bikes from Raleigh in England, but other markets such as South Africa and India for example, had their own independently owned "Raleigh" companies like with Huffy in the US. At that time, production of some U.S. Raleigh models were shifted to Japan, with Bridgestone manufacturing most of these bikes. By 1984, all Raleighs for

8316-533: The USA market after a failed rebranding deal with Huffy , found success in the late 1960s by recasting itself as "Raleigh-Carlton", a Raleigh-logo'd bike with some Carlton badging, and using the US dealer network to import and distribute bikes. One consequence of the vertically integrated approach was that Raleigh did not adopt ISO threading standards and dimensions until the 1980s for some of its range (premium models were standardised earlier). The bottom bracket shell of

8442-402: The absence of limited liability. According to one estimate, negative corporate externalities on an annual basis are equal to between 5 and 20 percent of U.S. GDP. An issue in liability exposure is whether the assets of a parent entity and the sole owner need to be subject to the subsidiary's liabilities, when the subsidiary is declared insolvent and owes debt to its creditors . As

8568-577: The best known being the rod-driven velocipede by Scotsman Thomas McCall in 1869. In that same year, bicycle wheels with wire spokes were patented by Eugène Meyer of Paris. The French vélocipède , made of iron and wood, developed into the " penny-farthing " (historically known as an "ordinary bicycle", a retronym , since there was then no other kind). It featured a tubular steel frame on which were mounted wire-spoked wheels with solid rubber tires. These bicycles were difficult to ride due to their high seat and poor weight distribution . In 1868 Rowley Turner,

8694-447: The bicycle with an aerodynamic fairing . The fastest recorded unpaced speed on a flat surface is 144.18 km/h (89.59 mph). In addition, the carbon dioxide generated in the production and transportation of the food required by the bicyclist, per mile traveled, is less than 1 ⁄ 10 that generated by energy efficient motorcars. The great majority of modern bicycles have a frame with upright seating that looks much like

8820-420: The bicycle works had now expanded round the corner from Raleigh Street into former lace works on the adjoining road, Russell Street. By 1888, the company was making about three cycles a week and employed around half a dozen men. It was one of 15 bicycle manufacturers based in Nottingham at that time. Frank Bowden , a recent convert to cycling who on medical advice had toured extensively on a tricycle , first saw

8946-405: The bicycle. Short-wheelbase or tall bicycles, when braking, can generate enough stopping force at the front wheel to flip longitudinally. The act of purposefully using this force to lift the rear wheel and balance on the front without tipping over is a trick known as a stoppie , endo, or front wheelie. The bicycle is extraordinarily efficient in both biological and mechanical terms. The bicycle

9072-522: The bike at a time). The Chopper remained in production until 1982, when the rising popularity of the BMX bicycle caused sales to drop off. Raleigh revisited the chopper design in recent times, with great success although the new version has had some changes to conform to modern safety laws. Gone is the top tube shifter and long integrated seat, but the look and feel of the bike remain. In 1979, production of Raleigh 531 butted-tube bicycles reached 10,000 units

9198-540: The business, Bowden financed the renting of this property and installation of new machinery. Under Bowden's guidance, Raleigh expanded rapidly. By 1891, the company occupied not only Clarke's factory but also Woodroffe's Factory and Russell Street Mills. In November 1892, Raleigh signed a tenancy agreement for rooms in Butler's factory on the other side of Russell Street. Shortly after this, the company also occupied Forest Road Mill. (Forest Road junctions with Russell Street at

9324-564: The company through the next 17 years of expansion. In 1931 their new headquarters in the Howitt Building on Lenton Boulevard was complete. This building was designed by Thomas Cecil Howitt and won a RIBA Bronze Medal. In 2018 the building was Grade II listed . There was a resurgence in domestic and export demand for pedal bicycles and by February 1932 Raleigh had acquired all the Humber Limited trade marks. Manufacture

9450-404: The company's debts to those lending to the company. They will then be liable for those debts that the company cannot pay, although the other shareholders will not be so liable. This is known as co-signing. A shareholder who is also an employee of the corporation may be personally liable for actions the employee takes in that capacity on behalf of the corporation, in particular torts committed within

9576-450: The components that make up a bicycle excluding the bicycle frame, fork, stem, wheels, tires, and rider contact points, such as the saddle and handlebars. Limited liability Although a shareholder's liability for the company's actions is limited, the shareholders may still be liable for their own acts. For example, the directors of small companies (who are frequently also shareholders) are often required to give personal guarantees of

9702-413: The early 1860s, Frenchmen Pierre Michaux and Pierre Lallement took bicycle design in a new direction by adding a mechanical crank drive with pedals on an enlarged front wheel (the velocipede ). This was the first in mass production. Another French inventor named Douglas Grasso had a failed prototype of Pierre Lallement's bicycle several years earlier. Several inventions followed using rear-wheel drive,

9828-635: The end of the nineteenth century for shareholders to be directors, protecting themselves from liability. In 1989, the European Union enacted its Twelfth Council Company Law Directive , requiring that member states make available legal structures for individuals to trade with limited liability. This was implemented in England and Wales in the Companies (Single Member Private Limited Companies) Regulations 1992, which allowed single-member limited-liability companies. Some argue that limited liability

9954-586: The factory burned down. Models produced there latterly were the Chopper and Triumph 20. The head badges changed in the late 1960s, possibly after the passing of the Trade Descriptions Act in the UK. Dublin-made machines no longer had "Nottingham England" on the Heron or Triumph head badge, the panel being left blank instead. In 1899, Raleigh started to build motorcycles and in 1903, introduced

10080-607: The firm and was allotted 5,000 £1 shares, while Woodhead and Angois between them held another 5,000 shares. In Frank Bowden's own lifetime, Raleigh publicity material stated that the firm was founded in 1888, which was when Bowden, as he himself confirmed, first bought into the enterprise. Thus, Raleigh's 30th anniversary was celebrated in 1918. The 1888 foundation date is confirmed by Bowden's great-grandson, Gregory Houston Bowden, who states that Frank Bowden "began to negotiate with Woodhead and Angois and in December 1888 founded 'The Raleigh Cycle Company'." The December 1888 foundation date

10206-406: The first chain-driven bike. These upright bicycles almost always feature the diamond frame , a truss consisting of two triangles: the front triangle and the rear triangle. The front triangle consists of the head tube, top tube, down tube, and seat tube. The head tube contains the headset , the set of bearings that allows the fork to turn smoothly for steering and balance. The top tube connects

10332-441: The first of a series of limited liability companies with Raleigh in its name. It had a nominal capital of £20,000, half of which was provided by Frank Bowden. Paul Angois was appointed director responsible for product design, Richard Woodhead was made director responsible for factory management, and Frank Bowden became chairman and managing director. Some shares were made available to small investors and local businessmen, but take-up

10458-563: The former brand names New Hudson and Sunbeam. Raleigh also already owned the Robin Hood brand, and Three Spires with Triumph (cycles) also at their disposal. BSA had itself acquired Triumph Cycle Co. Ltd. only five years previously. TI added the Sun bicycle company to their stable in 1958, and with two "super groups" now controlling a large portion of the market, it was perhaps inevitable that in 1960, Tube Investments acquired Raleigh and merged

10584-496: The frame-mounted cranks to the rear wheel. These models were known as safety bicycles , dwarf safeties, or upright bicycles for their lower seat height and better weight distribution, although without pneumatic tires the ride of the smaller-wheeled bicycle would be much rougher than that of the larger-wheeled variety. Starley's 1885 Rover , manufactured in Coventry is usually described as the first recognizably modern bicycle. Soon

10710-707: The frames built for Team riders were produced in Ilkeston by the Special Bicycle Development Unit (SBDU) from 1974 onward under the guidance of Gerald O'Donovan; production was moved to the Lightweight Facility in Nottingham, albeit on a much reduced workforce, on closure of the Ilkeston factory in 1986. Raleigh Canada had a factory in Waterloo, Quebec from 1972 to 2013. Derby Cycle acquired Diamondback Bicycles in 1999. In

10836-446: The front to select the chainring and another at the back to select the sprocket. Most bikes have two or three chainrings, and from 5 to 11 sprockets on the back, with the number of theoretical gears calculated by multiplying front by back. In reality, many gears overlap or require the chain to run diagonally, so the number of usable gears is fewer. An alternative to chaindrive is to use a synchronous belt. These are toothed and work much

10962-483: The global shipping and logistics firm GAC in 2012 and were known as Team Raleigh-GAC. The season was notable for Team Raleigh's first victory in the Tour Series Round 6 and a succession of Premier Calendar wins, which resulted in team rider Graham Briggs finishing the season at the top of British Cycling 's UK Elite Men's standings. Raleigh once again became the sole headline sponsor of the team in 2013 and

11088-410: The harm that limited liability causes. Such taxes could be structured to generate information for regulators about how risky the activities companies are undertaking are to third parties. The notion of corporate limited liability has met criticism from certain figures among the libertarian right . In For a New Liberty: The Libertarian Manifesto , Murray N. Rothbard approvingly quoted Robert Poole ,

11214-410: The head tube to the seat tube at the top, and the down tube connects the head tube to the bottom bracket . The rear triangle consists of the seat tube and paired chain stays and seat stays. The chain stays run parallel to the chain , connecting the bottom bracket to the rear dropout , where the axle for the rear wheel is held. The seat stays connect the top of the seat tube (at or near the same point as

11340-429: The hugely successful Twenty range of shopper bikes, the Chopper and even the 1976 Grifter, all had a Raleigh exclusive 76mm wide bottom bracket shell. Headsets and bottom brackets use Raleigh exclusive 26 threads per inch (TPI) threading (until 1974 when some models reverted to the standard 24 TPI.) There were even models that had a mixture of both, with the fork thread being different to the bottom bracket thread. Indeed,

11466-592: The increasing affordability and popularity of the motor car. For much of the postwar era, British bicycle manufacturers had largely competed with each other in both the home and export markets, but 1956 saw the formation of the British Cycle Corporation by the Tube Investments Group which already owned Phillips, Hercules, Armstrong, and Norman . In 1957, Raleigh bought the BSA Cycles Ltd., BSA's bicycle division, which gave them exclusive use of

11592-437: The judgment is likely to be in favor of the creditor. In the same regard, if a subsidiary is undercapitalized from its inception, that may be grounds for piercing the corporate veil. Further, if injustice/fraud to the creditor is proven, the parent entity or the owner may be held liable to compensate the creditor. Thus, there is not one characteristic that defines the piercing of a corporate veil – a factors test

11718-447: The limit, however small, at which it may please him to determine his own liability. Others argue that while some limited liability is beneficial, the privilege ought not to extend to liability in tort for environmental disasters or personal injury because this leads to excessive risk-taking and negative externalities by corporations. Others argue that limited liability should be permitted, but should be taxed more heavily to offset

11844-402: The mechanism is contained within the wheel hub, or disc brakes, where pads act on a rotor attached to the hub. Most road bicycles use rim brakes, but some use disc brakes. Disc brakes are more common for mountain bikes, tandems and recumbent bicycles than on other types of bicycles, due to their increased power, coupled with an increased weight and complexity. With hand-operated brakes, force

11970-412: The old heavy English utility roadster or the American " balloon-tire " cruiser bikes. In 1946, Raleigh and other English bicycle manufacturers accounted for 95% of the bicycles imported into the United States. Raleigh's sports roadster , or British racer bicycles were exported around the world, including the United States. The company continued to increase imports to the United States until 1955, when

12096-543: The older practice of riding horse sidesaddle . Another style is the recumbent bicycle . These are inherently more aerodynamic than upright versions, as the rider may lean back onto a support and operate pedals that are on about the same level as the seat. The world's fastest bicycle is a recumbent bicycle but this type was banned from competition in 1934 by the Union Cycliste Internationale . Historically, materials used in bicycles have followed

12222-575: The opposite end from Raleigh Street.) Bowden created a business which, by 1913, was the biggest bicycle manufacturing company in the world, occupying seven and a half acres in purpose-built premises completed in 1897 at Faraday Road, Lenton, Nottingham . It subsequently became very much bigger. Many say that Bowden invented the Bowden cable but there is no evidence to support this myth. Sir Frank Bowden died in 1921 and his son Sir Harold Bowden, 2nd Baronet took over as chairman and chief executive, guiding

12348-435: The others I had seen, and I purchased one upon which I toured extensively through France, Italy and England during 1887 and 1888. In the autumn of the latter year, happening to pass through Nottingham, and with the idea of, if possible, getting a still more up-to-date machine, I called upon Messrs. Woodhead and Angois, the originators and makers of the Raleigh … It is clear from Frank Bowden's own account that, although he bought

12474-424: The overall weight of the bicycle. A recumbent bicycle has a reclined chair-like seat that some riders find more comfortable than a saddle, especially riders who suffer from certain types of seat, back, neck, shoulder, or wrist pain. Recumbent bicycles may have either under-seat or over-seat steering . Bicycle brakes may be rim brakes, in which friction pads are compressed against the wheel rims; hub brakes, where

12600-490: The primary frame with glued metal connections and parts, priced as exotic models. The drivetrain begins with pedals which rotate the cranks , which are held in axis by the bottom bracket. Most bicycles use a chain to transmit power to the rear wheel. A very small number of bicycles use a shaft drive to transmit power, or special belts. Hydraulic bicycle transmissions have been built, but they are currently inefficient and complex. Since cyclists' legs are most efficient over

12726-433: The principle of limited liability. The development of limited liability facilitated the move to large-scale industrial enterprise, by removing the threat that an individual's total wealth would be confiscated if invested in an unsuccessful company. Large sums of personal financial capital became available, and the transferability of shares permitted a degree of business continuity not possible in other forms of enterprise. In

12852-644: The race scenes in Colorado and training. In the 1986 bike messenger film Quicksilver a variety of Raleigh USA bicycles are used. 1984–85 road bikes are used throughout by notable players in the movie. Kevin Bacon's bicycle is a singlespeed '84 Raleigh Competition. While no differentiation is made in the film, at least three different configurations are seen on Bacon's bike during the movie: fixed-gear , singlespeed, and outfitted with 0-degree trick forks during various scenes in Bacon's apartment. A possible freewheel

12978-530: The rear freewheel was developed, enabling the rider to coast. This refinement led to the 1890s invention of coaster brakes . Dérailleur gears and hand-operated Bowden cable -pull brakes were also developed during these years, but were only slowly adopted by casual riders. The Svea Velocipede with vertical pedal arrangement and locking hubs was introduced in 1892 by the Swedish engineers Fredrik Ljungström and Birger Ljungström . It attracted attention at

13104-475: The redundancy costs. Sturmey-Archer's assets were acquired by SunRace of Taiwan who relocated the factory to Taiwan and sales to the Netherlands. Sister company Brooks was sold to Selle Royal of Italy. In 2001, following continuing financial problems at Derby Cycle, there was a management buy-out of all the remaining Raleigh companies led by Alan Finden-Crofts. By 2003, assembly of bicycles had ended in

13230-466: The rider to mount and dismount in a dignified way while wearing a skirt or dress. While some women's bicycles continue to use this frame style, there is also a variation, the mixte , which splits the top tube laterally into two thinner top tubes that bypass the seat tube on each side and connect to the rear fork ends. The ease of stepping through is also appreciated by those with limited flexibility or other joint problems. Because of its persistent image as

13356-402: The same as a chain—popular with commuters and long distance cyclists they require little maintenance. They cannot be shifted across a cassette of sprockets, and are used either as single speed or with a hub gear. Different gears and ranges of gears are appropriate for different people and styles of cycling. Multi-speed bicycles allow gear selection to suit the circumstances: a cyclist could use

13482-416: The same direction around a track which does not necessitate sharp deceleration. Track riders are still able to slow down because all track bicycles are fixed-gear, meaning that there is no freewheel. Without a freewheel, coasting is impossible, so when the rear wheel is moving, the cranks are moving. To slow down, the rider applies resistance to the pedals, acting as a braking system which can be as effective as

13608-414: The same year, Raleigh ceased volume production of frames in the UK and its frame-making equipment were sold by auction. In 2000, Derby Cycle controlled Raleigh USA, Raleigh UK, Raleigh Canada, and Raleigh Ireland. In the latter three markets, Raleigh was the number-one manufacturer of bicycles. Derby Cycle began a series of divestitures, because of financial pressure and sold Sturmey-Archer's factory site to

13734-526: The scope of employment. Limited liability for shareholders for contracts entered by the corporation is not controversial because this could and probably would be agreed to by both parties to the contract. However, limited liability for shareholders for torts (or harms that have not been agreed to in advance) is controversial because of concerns that such limited liability could lead to excessive risk-taking by companies and more negative externalities (i.e., more harm to third parties) than would be produced in

13860-604: The seat, their weight directed down onto the saddle, such that a wider and more cushioned saddle is preferable. For racing bikes where the rider is bent over, weight is more evenly distributed between the handlebars and saddle, the hips are flexed, and a narrower and harder saddle is more efficient. Differing saddle designs exist for male and female cyclists, accommodating the genders' differing anatomies and sit bone width measurements, although bikes typically are sold with saddles most appropriate for men. Suspension seat posts and seat springs provide comfort by absorbing shock but can add to

13986-533: The surge in scooter ownership in the UK, Raleigh built a small Italian scooter, the Bianchi Orsetto 80, under licence, sold as the Raleigh Roma, with production continuing until 1964. After World War II , Raleigh became known for its lightweight sports roadster bicycles, often using Sturmey-Archer three and five-speed transmissions. These cycles were considerably lighter and quicker than either

14112-526: The team re-paid the investment with high-profile wins in the Tour de Normandie , Tour of the Reservoir and Tour Series Rounds 1 and 2. Raleigh decided to withdraw from supporting a road team at the end of the 2017 season The Raleigh archives, including the Sturmey-Archer papers, are at Nottinghamshire Record Office. Saturday Night and Sunday Morning , the 1958 debut novel by Alan Sillitoe ,

14238-456: The terms still vary across the world. In India, for example, a cycle refers only to a two-wheeler using pedal power whereas the term bike is used to describe a two-wheeler using internal combustion engine or electric motors as a source of motive power instead of motorcycle/motorbike. The " dandy horse ", also called Draisienne or Laufmaschine ("running machine"), was the first human means of transport to use only two wheels in tandem and

14364-538: The text of this book, with full academic referencing, is held by the National Cycle Archive at Warwick University for the benefit of researchers. 53°00′43″N 1°18′49″W  /  53.01185°N 1.31358°W  / 53.01185; -1.31358 Bicycle A bicycle , also called a pedal cycle , bike , push-bike or cycle , is a human-powered or motor-assisted , pedal-driven , single-track vehicle , with two wheels attached to

14490-456: The time. The Chopper was first available for sale in June 1969 in North America. It went on sale in the UK in 1970 and sold well, and was a key factor in reviving the company's fortunes. The Chopper featured a 3-speed Sturmey-Archer gear hub, shifted using a top-tube mounted gear lever reminiscent of the early Harley-Davidson suicide shifter – one of its "cool" features. Other differences were

14616-446: The top tube) to the rear fork ends. Historically, women's bicycle frames had a top tube that connected in the middle of the seat tube instead of the top, resulting in a lower standover height at the expense of compromised structural integrity, since this places a strong bending load in the seat tube, and bicycle frame members are typically weak in bending. This design, referred to as a step-through frame or as an open frame , allows

14742-510: The unusual frame, long padded seat with backrest, sprung suspension at the back, high-rise handlebars, and differently sized front (16") and rear (20") wheels. Tyres were wider than usual for the time, with a chunky tread on the rear wheel, featuring red highlights on the sidewall. The price was from approximately £32 for a standard Chopper to £55 for the deluxe. Two smaller versions, the Chipper and Tomahawk , also sold well. The Mk 2 Chopper

14868-407: The wheels. This steering is usually provided by the rider, but under certain conditions may be provided by the bicycle itself. The combined center of mass of a bicycle and its rider must lean into a turn to successfully navigate it. This lean is induced by a method known as countersteering , which can be performed by the rider turning the handlebars directly with the hands or indirectly by leaning

14994-474: Was admitted that those who were mere investors ought not to be liable for debts arising from the management of a corporation, throughout the late nineteenth century there were still many arguments for unlimited liability for managers and directors on the model of the French société en commandite . Such liability for directors of English companies was abolished in 2006. Further, it became increasingly common from

15120-536: Was allowed by the Companies Act 1862 . The minimum number of members necessary for registration as a limited company was reduced to seven by the Companies Act 1856 . Limited companies in England and Wales now require only one member. Similar statutory regimes were in place in France and in the majority of the U.S. states by 1860. By the final quarter of the nineteenth century, most European countries had adopted

15246-475: Was an improved version from 1972. It had the option of five-speed derailleur gears in the United States, but all UK bikes had the 3 speed hub, with the exception of a model introduced in 1973 and only available in a bizarre shade of pink. This model was discontinued in 1976. The Mk 2 had a shorter seat and the frame modified to move the rear of the seat forward, this helped prevent the bike tipping up . The shorter seat also made it harder to ride '2 up' (2 people on

15372-695: Was invented by the German Baron Karl von Drais . It is regarded as the first bicycle and von Drais is seen as the "father of the bicycle", but it did not have pedals. Von Drais introduced it to the public in Mannheim in 1817 and in Paris in 1818. Its rider sat astride a wooden frame supported by two in-line wheels and pushed the vehicle along with his or her feet while steering the front wheel. The first mechanically propelled, two-wheeled vehicle may have been built by Kirkpatrick MacMillan ,

15498-459: Was minimal, and Bowden ended up buying most of the public shares. He subsequently supplied virtually all the capital needed to expand the firm. When Frank Bowden got involved with the enterprise, the works comprised three small workshops and a greenhouse. As Woodhead, Angois and Ellis, the firm had expanded round the corner from Raleigh Street into Russell Street, where also stood Clarke's five-storey former lace factory. To enable further expansion of

15624-514: Was stimulated by the widespread advertising, production, and use of these devices. More than 1 billion bicycles have been manufactured worldwide as of the early 21st century. Bicycles are the most common vehicle of any kind in the world, and the most numerous model of any kind of vehicle, whether human-powered or motor vehicle , is the Chinese Flying Pigeon , with numbers exceeding 500 million. The next most numerous vehicle,

15750-853: Was the largest bicycle manufacturing company in the world. From 1921 to 1935, Raleigh also produced motorcycles and three-wheel cars, leading to the formation of Reliant Motors . Raleigh bicycle is now a division of the Dutch corporation Accell . In 2006, the Raleigh Chopper was named in the list of British design icons in the Great British Design Quest organised by the BBC and the Design Museum . The history of Raleigh bicycles started in 1885, when Richard Morriss Woodhead from Sherwood Forest , and Paul Eugene Louis Angois,

15876-639: Was transferred to Raleigh's Nottingham works. Raleigh-made Humbers differed from Raleighs only in chainwheels , fork crowns and some brakework. During World War II , the Raleigh factory in Nottingham was used for the production of fuzes . Bicycle production was reduced to approximately 5% of its peacetime capacity. In 1939, Raleigh opened a bicycle factory at 6 Hanover Quay, Dublin, Ireland and commenced bicycle production there. The Raleigh (Ireland) business expanded and moved to 8–11 Hanover Quay, Dublin in 1943. The plant produced complete bicycles and Sturmey-Archer hubs, and remained in production until 1976, when

#597402