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New York State Railways was a subsidiary of the New York Central Railroad that controlled several large city streetcar and electric interurban systems in upstate New York. It included the city transit lines in Rochester, Syracuse, Utica, Oneida and Rome, plus various interurban lines connecting those cities. New York State Railways also held a 50% interest in the Schenectady Railway Company, but it remained a separate independent operation. The New York Central took control of the Rochester Railway Company, the Rochester and Eastern Rapid Railway and the Rochester and Sodus Bay Railway in 1905, and the Mohawk Valley Company was formed by the railroad to manage these new acquisitions. New York State Railways was formed in 1909 when the properties controlled by the Mohawk Valley Company were merged. In 1912 it added the Rochester and Suburban Railway, the Syracuse Rapid Transit Railway, the Oneida Railway, and the Utica and Mohawk Valley Railway. The New York Central Railroad was interested in acquiring these lines in an effort to control the competition and to gain control of the lucrative electric utility companies that were behind many of these streetcar and interurban railways. Ridership across the system dropped through the 1920s as operating costs continued to rise, coupled with competition from better highways and private automobile use. New York Central sold New York State Railways in 1928 to a consortium led by investor E. L. Phillips, who was looking to gain control of the upstate utilities. Phillips sold his stake to Associated Gas & Electric in 1929, and the new owners allowed the railway bonds to default. New York State Railways entered receivership on December 30, 1929. The company emerged from receivership in 1934, and local operations were sold off to new private operators between 1938 and 1948. ==Early History (1905–1928)== The New York Central Railroad took notice to the potential competition arising from the streetcar and electric interurban railways being built in its territory across upstate New York. In an effort to control the competition, the railroad began buying controlling interests in the Rochester Railway Company, the Rochester and Sodus Bay Railway, and the Rochester and Eastern Rapid Railway. The Mohawk Valley Company was formed in 1905 to manage these properties. The company also controlled the Canandaigua Gas Light Company, the Despatch Heat, Light and Power Company, and the Eastern Monroe Electric Light and Power Company. New York State Railways was incorporated on March 22, 1909, to take over the three railways and consolidate them into a single entity. A second wave of expansion followed when the Utica and Mohawk Valley Railway, the Oneida Railway, the Syracuse Rapid Transit Railway, and the Rochester and Suburban Railway were merged into New York State Railways on October 31, 1912. The East Side Traction Company was added on August 28, 1919. At its peak, New York State Railways operated 338 miles across Rochester, Syracuse, Utica, Oneida, Sodus Bay, Canandaigua, and Geneva. In June 1920, the total value of the New York State Railway Corporation franchise in Syracuse as determined by the New York State Tax Commission was $2,320,000 down from $2,407,000 in 1919. Patronage on the streetcar and interurban lines declined in the 1920s, thanks to autos, buses, and paved roads — but the electric utilities owned by the company grew. As a result, in 1928 the New York Central sold its control of the New York State Railways system to what became the ''Associated Gas & Electric Co.'' 抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)』 ■ウィキペディアで「New York State Railways」の詳細全文を読む スポンサード リンク
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