Canal Foundation Mortgage

… The first foundation mortgage systems established in Japan were factory foundation mortgages under the Factory Mortgage Law, mining foundation mortgages under the Mining Mortgage Law, and railway foundation mortgages under the Railway Mortgage Law, all of which were promulgated in 1905. These are said to have been in response to the demand for funds that accompanied the dramatic expansion of business activities after the Russo-Japanese War. Later, the railway foundation mortgage (the Railway Mortgage Law promulgated in 1905), canal foundation mortgage (the Canal Law promulgated in 1913), fishery foundation mortgage (the Fishery Foundation Mortgage Law promulgated in 1925), port transport business foundation mortgage (the Port Transport Business Law promulgated in 1951), road transport business foundation mortgage (the Road Transport Business Mortgage Law promulgated in 1952), and tourist facility foundation mortgage (the Tourist Facility Foundation Mortgage Law promulgated in 1968) were established. All of these systems are effectively used in their respective business fields, but the factory foundation mortgage system (factory mortgage) is the most commonly used. …

*Some of the terminology used to refer to "Canal Foundation Mortgages" is listed below.

Source | Heibonsha World Encyclopedia 2nd Edition | Information

…　日本で最初に創設された財団抵当制度は，いずれも1905年に公布された工場抵当法による工場財団抵当，鉱業抵当法による鉱業財団抵当，鉄道抵当法による鉄道財団抵当であるが，これらは日露戦争後における企業活動の飛躍的拡大に伴う資金需要に対応するものといわれている。その後，軌道財団抵当(1905年公布の〈軌道ノ抵当ニ関スル法律〉)，運河財団抵当(1913年公布の運河法)，漁業財団抵当(1925年公布の漁業財団抵当法)，港湾運送事業財団抵当(1951年公布の港湾運送事業法)，道路交通事業財団抵当(1952年公布の道路交通事業抵当法)，観光施設財団抵当(1968年公布の観光施設財団抵当法)がそれぞれ創設された。いずれもそれぞれの事業分野で有効に利用されているが，最も一般的に利用されているのは工場財団抵当制度(工場抵当)である。…

※「運河財団抵当」について言及している用語解説の一部を掲載しています。

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