Brooklyn Elevated Railway Company
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Product Details
CompanyBrooklyn Elevated Railway Company
Certificate Type
Capital Stock
Date Issued
September 1, 1880
Canceled
Yes
Printer
American Bank Note Company
Signatures
Hand signed
Approximate Size
10 3/4" (w) by 6 3/4" (h)
Images
Show the exact certificate you will receive
Guaranteed Authentic
Yes
Additional Details
NA
Reference
Historical Context
This line was originally incorporated on May 26, 1874 as the Brooklyn Elevated Silent Safety Railway Company. The name was changed to the Brooklyn Elevated Railroad Company on May 22, 1875.
The company was sold under foreclosure on May 12, 1884, and fifteen days later was reorganized as the Brooklyn Elevated Railway Company.
The company's main line ran from Fulton Ferry to Van Sicklen Avenue, a distance of just under seven miles.
The Brooklyn Union Elevated Railroad was incorporated on January 30, 1899, and acquired the property of the bankrupt Brooklyn Elevated Railway on February 17. The Brooklyn Rapid Transit Company (BRT) gained control a month later, on March 25th, and leased the elevated company to the Brooklyn Heights Railroad on April 1. The other elevated company in Brooklyn, the Kings County Elevated Railway, was sold under foreclosure to the BRT on July 6, 1899, and reorganized on August 1 as the Kings County Elevated Railroad.
The first step in simplifying the corporate structure was made in 1900, when the Sea View Railroad (Brighton Beach Line) was merged into the Kings County Elevated (on May 9) and the Kings County Elevated was then merged into the Brooklyn Union Elevated (on May 24). The lease to the Brooklyn Heights was canceled effective March 1, 1907, after which the Brooklyn Union Elevated operated itself. At the same time, the lease of the ground-level Canarsie Railroad, which was run as part of the elevated system, was transferred to the Brooklyn Union Elevated. The Sea Beach Railway (Sea Beach Line) and South Brooklyn Railway (Culver Line), which had been operated by the Brooklyn Heights as part of its elevated system, were released for independent operation.
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