New York State Railways was a grouping of several large city
streetcar and electric
interurban systems in
upstate New York. It included the city transit systems in
Rochester,
Syracuse,
Utica,
Oneida and
Rome, plus various interurban lines connecting those cities.
The company was formed in 1909 when the
New York Central Railroad (NYC) consolidated its previously purchased (in 1905)
Rochester Railways, serving that city, with the
Rochester and Eastern Rapid Railway and
Rochester & Sodus Bay interurban companies. In 1912 it added the
Rochester & Suburban Ry., the
Syracuse Rapid Transit Railway, the
Oneida Railway, and the
Utica & Mohawk Valley Ry. In effect, the big steam railroad system (NYC) was able to monopolize local and intercity passenger business along its
Mohawk Valley mainline.
History
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, 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.
Receivership
Shortly after the transaction, the
stock market crashed, and on December 30, 1929, the company was put into......
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