'Brooklyn & Queens Transit Corporation' 1936 Trolley/Railroad Stock Certificate

Description

This is an original, early stock certificate.
COMPANY:
The Brooklyn and Queens Transit Corporation
DATE:
Issued in 1936
CONDITION:
Generally clean with the original, even folds and two extremely tiny edge tears on the top edge.
The Brooklyn and Queens Transit Corporation, a subsidiary of the Brooklyn-Manhattan Transit Corporation (the 'BMT'), operated an extensive network of trolley lines in Brooklyn in the first quarter of the 1900s. Like the subways, the trolleys were run by dozens of independent companies which over time consolidated. in 1932, the City of New York completed the Independent Rapid Transit Railroad (the 'IND'). In 1940, the City bought the BMT and the Interborough Rapid Transit Company (the 'IRT') becoming the sole owner of all New York City's subways and elevated railroads, as well as the trolleys of the Brooklyn and Queens Transit Corporation. The precursor to the MTA was created in 1953 to manage and operate all City owned trolley, bus and subway lines.
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