. The street railway review . .. REORGANIZATION OF THE LONG ISLANDTRACTION. The incorporation January i8. of the Brooklyn RapidTransit Company completes the reorganization of theLong Island Traction Compan\-. undertaken by RoswellP. Flower and associates. The capital stock is $20,000,-000. which when distributed according to the plan ofreorganization, leaves $1,176,000 in stock. $2,125,000 innew bonds and $1,280,000 in cash for improvements chief assets of the new company are the 63,878,-000 guaranty fund of the Long Island Traction Com-pany, the $2,000,000 stock of the Brooklyn. Queen
. The street railway review . .. REORGANIZATION OF THE LONG ISLANDTRACTION. The incorporation January i8. of the Brooklyn RapidTransit Company completes the reorganization of theLong Island Traction Compan\-. undertaken by RoswellP. Flower and associates. The capital stock is $20,000,-000. which when distributed according to the plan ofreorganization, leaves $1,176,000 in stock. $2,125,000 innew bonds and $1,280,000 in cash for improvements chief assets of the new company are the 63,878,-000 guaranty fund of the Long Island Traction Com-pany, the $2,000,000 stock of the Brooklyn. QueensCounty and Surburban Railroad Company, and the$200,000 stock of the Brooklyn Heights Railroad Com-pany. The thirteen directors are: William C. Bryant. luitrene L. lirilton. William F. Creed. Horace C. I ) S. Flower. Otto Zanker. Thomas Renwick.^lo^•d \ail. William W. Goodrich. John D. Kelly. Clin-ton L. Rossiter. James N. Wallace and Timothv IMPROVED TRACK BRUSH. Track brushes on every car or even ev
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Keywords: ., book, bookcentury1800, bookdecade1890, booksubjectstreetrailroads
