Nassau Electric Railroad Co. - Stock Certificate - Railroad Stocks for Sale

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Nassau Electric Railroad Co. - Stock Certificate - Railroad Stocks For Sale

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Nassau Electric Railroad Co. - Stock Certificate - Railroad Stocks:
$115.00

Stock printed by American Bank Note Company, New York. The Nassau Electric Railroad was an electric street railway company in the U.S. state of New York. The company operated throughout the borough of Brooklyn, as well as over the Brooklyn Bridge and Williamsburg Bridge into Manhattan. The company was formed by real estate developer Patrick H. Flynn, who owned land on Fifth Avenue south of 25th Street, where the Atlantic Avenue Railroad's Fifth Avenue Line ended. He went to the Atlantic Avenue Railroad and Brooklyn City Rail Road, asking them to extend their lines to serve the area, but the Atlantic Avenue refused because the area was not built up, and the Brooklyn City refused because they had agreed to leave Fifth Avenue to the Atlantic Avenue. Faced with the lack of a railroad connection to his planned subdivision, Flynn incorporated the Coney Island, Fort Hamilton and Brooklyn Railroad, the Union Railroad, the Kings County Electric Railway, and finally the Nassau Electric Railroad to absorb them all. The CIFH&B was chartered by the New York State Legislature on June 7, 1890 to build from the 39th Street Ferry through New Utrecht to Coney Island and Item ordered may not be exact piece shown. All original and authentic.