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The Syracuse and East Side Street Railway, an interurban rail in Syracuse, New York, was chartered on August 25, 1894, and was a successor to the Syracuse, Eastwood Heights and DeWitt Railroad Company. The company was also known as the Syracuse and East Side Railroad.〔 The company went bankrupt and was placed in receivership on May 11, 1898, and on December 29, 1898, the property was purchased by the bondholders.〔 The East Side Traction Company was chartered on January 14, 1899 after a reorganization.〔 ==History== Franchises were granted for the Eastwood Height's Company on August 27, 1894, and the East Side Railway Company was incorporated three days later after articles of incorporation were filed with the City Clerk in Syracuse for organization of the street railroad. On February 16, 1895, the Syracuse and East Side Railway was opened. The capital of the new company was $200,000, divided into 2,000 shares of $100 each. This was a "revival" of the old project for a railway connection between the center of Syracuse and East Syracuse.〔 In July 1895, the railway was purchased by the Syracuse Street Railroad Company but was not operated until 1897. In that year, the Syracuse Rapid Transit Railway Company leased this road for 22 years, with guaranteed five percent interest on bonds and five percent interest on the preferred stock.〔 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「Syracuse and East Side Street Railway」の詳細全文を読む スポンサード リンク
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