After railways had been operating in England for a few years, local businesspeople decided to build a railway line along the Nürnberg-Fürth road. On 14 May 1833 they founded the
Gesellschaft zur Errichtung einer Eisenbahn mit Dampffahrt zwischen Nürnberg und Fürth ("company for the establishment of a steam railway between Nuremberg and Fürth") to develop the railway. Within six months the two main instigators from Nuremberg, the merchant and market chief, George Zacharias Platner, and the head of the poly-technical school, Johannes Scharrer, had successfully raised the planned share capital of 132,000
guilders. The proposed dividend of 12% was met with skepticism, although the company did, in fact, pay a dividend of 20% in 1836. King Ludwig was an unenthusiastic supporter of railways because of his preference for building the
Ludwig Canal between the
Main and the
Danube; this was actually built between 1836 and 1846. The canal was relatively unsuccessful because of its profusion of locks, its narrowness and early competition from railways, but it foreshadowed the more successful
Rhine-Main-Danube Canal built on a similar route and completed in 1992. Ludwig allowed the railway company to use his name and authorized his government to buy a token two shares in it. Significantly for the construction of the railway, the king made available the Bavarian road builder,
Paul Camille von Denis, for the railway construction. Von Denis adopted the English
rail gauge of
1435 mm for the nearly dead-straight 6.04 km-long single-track line next to the Fürth-Nuremberg road. == Start of services ==