Brooklyn Rapid Transit Company
Brooklyn Rapid Transit Company
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Product Details
CompanyBrooklyn Rapid Transit Company
Certificate Type
Capital Stock
Date Issued
September 24, 1914
Canceled
Yes
Printer
Franklin-Lee 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

In the last quarter of the 19th Century, the City of Brooklyn was comprised of much of today's "Downtown Brooklyn". Brooklyn suburbs were areas such as Midwood, Bensonhurst, and if you were wealthy and didn't mind a long ride, the ocean areas of Brighton Beach, Manhattan Beach and Coney Island. Owners of the major hotels at the time, like the Brighton Beach Hotel and the Sea Beach Palace Hotel, were looking for new ways to attract new customers. As a result, they helped finance new steam railroads to the beach, but because each acted on his own, the steam railroads that "grew up" were disjointed, concentrated in the western and southern portions of Brooklyn, and really weren't built for the rapid transit that we know of today.
Meanwhile, another company, the Brooklyn Union Elevated Railroad Company, was responsible for the creation of the first Elevated lines that fanned out of the City of Brooklyn. New areas of the land would become accessible, and with trains running over the Brooklyn Bridge to Park Row as early as September 1883, now the commerce center of New York would be a shorter ride away for these Brooklynites.
The force that created rapid transit in Brooklyn was the American model of free enterprise. The first company to create the route would reap all the profits from passengers using that route.
Eventually, all these companies and lines (including the Nassau Electric, the Coney Island & Brighton Beach, the Brooklyn Elevated, the Brooklyn Union Elevated, the Prospect Park & Coney Island, the Brooklyn, Bath & Coney Island, and the Coney Island El [Sea View RR]) became the Brooklyn Rapid Transit Company, which eventually began running these lines as a unit. With the BRT came electrification and rapid expansion. Eventually the BRT would become a competitor to the Manhattan-oriented Interborough Rapid Transit Company (IRT), and would be instrumental in future New York City subway expansion. Like the IRT in Manhattan, the BRT was the only player in Brooklyn.
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Additional Information
Certificates carry no value on any of today's financial indexes and no transfer of ownership is implied. All items offered are collectible in nature only. So, you can frame them, but you can't cash them in!
All of our pieces are original - we do not sell reproductions. If you ever find out that one of our pieces is not authentic, you may return it for a full refund of the purchase price and any associated shipping charges.
FAQ
Are the certificates offered on your site genuine or reproductions?
All of the certificates you see on our site are genuine pieces, we do not sell any reproductions.Are the certificates you sell negotiable on any of today's stock markets or indexes?
No. All of the pieces we sell are either canceled or obsolete and have collectible value only.
Are the images presented in your product listings of the exact piece I will receive?
It depends. We try to present images of the exact piece you will receive whenever possible. However, when we are offering quantities of a piece, this is impossible. Within every product page we detail whether or not you will be receiving the exact certificate listed, or if the image is a representative example of the one you will receive.
How will you ship my order and how much do you charge?
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Can I return my purchase?
Absolutely. You may return any merchandise, for any reason, within 30 days of the purchase date for a full refund of the purchase price.
We guarantee all of our pieces to be authentic. If you ever determine that a piece is not authentic, it may be returned for a full refund of the purchase price as well as any associated shipping charges.
Shipping Information
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We make every effort to ship out all orders within 24 hours of receipt.
We ship the majority of orders via the USPS, with domestic orders using the Ground Advantage service.
Shipping is calculated during checkout. Upgraded services such as Priority and Express Mail, as well as UPS and DHL options, are also available.
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Returns
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You can return anything we offer for an exchange, refund or store credit within 30 days of delivery. Return shipping costs may apply, and the item must be in its original condition and packaging.
Any shipping charges collected on the original order are not eligible for a refund.