The Street Surface Railway Franchises of New York City (Classic Reprint)

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Excerpt from The Street Surface Railway Franchises of New York CityIN recent years there has been considerable agitation for municipal ownership of the street surface railways of New York city. In this monograph an attempt has been made to trace the franchise history of the street surface railways of Manhattan Island and to point out in connection there with so-me of the difficulties which will be met in any pro gram for municipalization. According to statistics pub lished in 1913 by the Public Service Commission of the First District of the State of New York, seven hundred and twenty-six railway companies have been organized to operate routes steam, surface, elevated, and subway within the present limits of Greater New York. Over four hundred and fifty of these are now extinct, about two hun dred of the remainder have lost their identity by merger, mortgage foreclosure, or change of name, and of the others, many are operating under lease or agreement. The follow ing investigation is limited to the surface railways of Man hattan and to those companies whose lines were consoli dated in forming the present street railway systems. No attempt has been made in this thesis to give a detailed ac count of the financial history of the street surface railways. Although it has been found necessary to make frequent reference to this exceedingly interesting phase of the life of the street railway corporations.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.