Syracuse and East Side Street Railway
Encyclopedia
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.
for organization of the street railroad. The capital of the new company was $200,000, divided into 2,000 shares of $100 each. The name of the new company was the Syracuse and East Side Railway Company.
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.
The next portion of the line was planned from the intersection of Pear Street and Burnet Avenue on the line from the city to East Syracuse
along Burnet Avenue to Massachusetts Street, Jay Avenue, Boston, Thompson, to the Messina plank road and on to Manlius Street to East Syracuse
.
The Elm Street, rail contract was held by the company.
.
At the end of June 1897, total earnings were $6,674 and had decreased to $882 by 1898. The company had a total deficit of $35,765 that same year. The first mortgage for $250,000 was dated on November 1, 1864, and was due in 1919. Municipal franchises granted in 1890 and in 1891 were renewed in 1895 for 50 years. Capital stock outstanding was $250,000 and total assets was $561,205.
In June 1897, passengers carried totaled 653,624 and by June 1898, the number had declined to 68,627.
and David Botherson of Dansville, New York
.
Directors of the company at the end of 1898 were Paul T. Brady, T. H. Conderman, Robert E. Drake, Edwin H. Lozier, G. E. Herrick, H. S. Newton, William Nottingham, W. W. Hazzard and G. B. Leonard.
Company officers were president, Paul T. Brady; vice-president, T. H. Conderman; secretary, Robert E. Drake; and treasurer and secretary and general manager, E. B. Lozier. The receivers were George D. Chapman and Matthew J. Myers and the receiver's office was located at 105 South Warren Street in Syracuse, New York
.
owned the capital stock and operated the property of the company.
Interurban
An interurban, also called a radial railway in parts of Canada, is a type of electric passenger railroad; in short a hybrid between tram and train. Interurbans enjoyed widespread popularity in the first three decades of the twentieth century in North America. Until the early 1920s, most roads were...
rail in Syracuse, New York
Syracuse, New York
Syracuse is a city in and the county seat of Onondaga County, New York, United States, the largest U.S. city with the name "Syracuse", and the fifth most populous city in the state. At the 2010 census, the city population was 145,170, and its metropolitan area had a population of 742,603...
, was chartered on August 25, 1894, and was a successor to the Syracuse, Eastwood Heights and DeWitt Railroad Company
Syracuse, Eastwood Heights and DeWitt Railroad
The Syracuse, Eastwood Heights and DeWitt Railroad, an interurban rail in Syracuse, New York was established in 1859. This was one of the most important of the first lines and operated as a steam road...
. 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
Articles of incorporation were filed with the City Clerk in SyracuseSyracuse, New York
Syracuse is a city in and the county seat of Onondaga County, New York, United States, the largest U.S. city with the name "Syracuse", and the fifth most populous city in the state. At the 2010 census, the city population was 145,170, and its metropolitan area had a population of 742,603...
for organization of the street railroad. The capital of the new company was $200,000, divided into 2,000 shares of $100 each. The name of the new company was the Syracuse and East Side Railway Company.
This was a "revival" of the old project for a railway connection between the center of Syracuse
Syracuse, New York
Syracuse is a city in and the county seat of Onondaga County, New York, United States, the largest U.S. city with the name "Syracuse", and the fifth most populous city in the state. At the 2010 census, the city population was 145,170, and its metropolitan area had a population of 742,603...
and East Syracuse
East Syracuse, New York
East Syracuse is an incorporated village and a suburb of the City of Syracuse in eastern Onondaga County, New York. United States. As of the 2000 U.S. Census, the village had a population of 3,178....
.
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
Syracuse Rapid Transit Railway
The Syracuse Rapid Transit Railway, an interurban rail, was chartered on May 21, 1896. The company was a consolidation of the Syracuse Street Railroad Company, the Syracuse Consolidated Street Railway Company and the People's Railroad Company which was formerly leased to the Syracuse Street...
leased this road for 22 years, with guaranteed five percent interest on bonds and five percent interest on the preferred stock.
Routes
In August 1894, the route began at the corner of Burnet Avenue and Pear Street where the DeWitt line proper began. From there it traveled to Vann Street, Teall Avenue, Robinson Street, Sherwood Avenue, Pattison Street, Walnut Street, Sedgwick Street and a piece of private property, Elm Street, Henderson Street, Oak Street, Burnet Avenue, Townsend Street, Grape Street, East Water Street and Warren Street.The next portion of the line was planned from the intersection of Pear Street and Burnet Avenue on the line from the city to East Syracuse
East Syracuse, New York
East Syracuse is an incorporated village and a suburb of the City of Syracuse in eastern Onondaga County, New York. United States. As of the 2000 U.S. Census, the village had a population of 3,178....
along Burnet Avenue to Massachusetts Street, Jay Avenue, Boston, Thompson, to the Messina plank road and on to Manlius Street to East Syracuse
East Syracuse, New York
East Syracuse is an incorporated village and a suburb of the City of Syracuse in eastern Onondaga County, New York. United States. As of the 2000 U.S. Census, the village had a population of 3,178....
.
The Elm Street, rail contract was held by the company.
Financial
Most of the stockholders and officers of the new company in 1894 were creditors of the old Syracuse, Eastwood Heights and DeWitt Railroad CompanySyracuse, Eastwood Heights and DeWitt Railroad
The Syracuse, Eastwood Heights and DeWitt Railroad, an interurban rail in Syracuse, New York was established in 1859. This was one of the most important of the first lines and operated as a steam road...
.
At the end of June 1897, total earnings were $6,674 and had decreased to $882 by 1898. The company had a total deficit of $35,765 that same year. The first mortgage for $250,000 was dated on November 1, 1864, and was due in 1919. Municipal franchises granted in 1890 and in 1891 were renewed in 1895 for 50 years. Capital stock outstanding was $250,000 and total assets was $561,205.
In June 1897, passengers carried totaled 653,624 and by June 1898, the number had declined to 68,627.
Operations
The railway had 7.46 miles (12 km) of electric track. Rolling stock consisted of 12 motor cars and 2 rail cars, 400 H. P. engines and 300 H. P. dynamos. The company also owned Allis engines and General Electric dynamos and motors, American cars and Peckham trucks.Company management
When the company was established in August 1894, officers were George B. Leonard, Frederick R. Hazard, Clifford D. Beebe, Hendrick G. Holden, William Nottingham, John L. Kyne, Willis A. Holden, Jay B. Kline, all of SyracuseSyracuse, New York
Syracuse is a city in and the county seat of Onondaga County, New York, United States, the largest U.S. city with the name "Syracuse", and the fifth most populous city in the state. At the 2010 census, the city population was 145,170, and its metropolitan area had a population of 742,603...
and David Botherson of Dansville, New York
Dansville, New York
Dansville, New York may refer to:* Dansville, Livingston County, New York* Dansville, Steuben County, New York...
.
Directors of the company at the end of 1898 were Paul T. Brady, T. H. Conderman, Robert E. Drake, Edwin H. Lozier, G. E. Herrick, H. S. Newton, William Nottingham, W. W. Hazzard and G. B. Leonard.
Company officers were president, Paul T. Brady; vice-president, T. H. Conderman; secretary, Robert E. Drake; and treasurer and secretary and general manager, E. B. Lozier. The receivers were George D. Chapman and Matthew J. Myers and the receiver's office was located at 105 South Warren Street in Syracuse, New York
Syracuse, New York
Syracuse is a city in and the county seat of Onondaga County, New York, United States, the largest U.S. city with the name "Syracuse", and the fifth most populous city in the state. At the 2010 census, the city population was 145,170, and its metropolitan area had a population of 742,603...
.
East Side Traction company
The East Side Traction Company was chartered on January 14, 1899, as a reorganization of the Syracuse and East Side Street Railway Company. The Syracuse Rapid Transit Railway CompanySyracuse Rapid Transit Railway
The Syracuse Rapid Transit Railway, an interurban rail, was chartered on May 21, 1896. The company was a consolidation of the Syracuse Street Railroad Company, the Syracuse Consolidated Street Railway Company and the People's Railroad Company which was formerly leased to the Syracuse Street...
owned the capital stock and operated the property of the company.