Trackage agreements. April 1, 1863, the Company entered into an agreement with The Forty-second Street and Grand Street Ferry Railroad Company, for the joint construction and use of tracks over common portions of their franchise routes, as authorized in their respective grants. The streets on which both the companies had franchise rights were as follows:

10th avenue from 42d street to 34th street, double track; Houston street from Avenue D to Goerck street, single track; Goerck street from Houston street to Grand street, single track; Grand street from Cannon street to Mangin street, single track.

The tracks were to be built and maintained at joint cost for common use; of the joint trackage on 10th avenue, the Central Park Company to maintain the southerly half, and the Fortysecond Street Company the northerly half.

June 1, 1871, the Company granted permission to the Avenue C Railroad Company to operate 20 horse passenger cars on its tracks in Avenue A from 17th street to 23d street; on 23d street from Avenue A to First avenue and on First avenue to 36th street, a distance of about 5,531 feet, exclusive of the portion on First avenue between 30th and 34th streets, which was owned by The Dry Dock, East Broadway and Battery Rail Road Company; also on the track of the Central Park Company on West street from the intersection of Spring and Canal streets to Chambers street, a distance of about 3,350 feet. The Avenue C Company agreed to pay an annual rental of $1,998 ($1,047 for the portion on Avenue A, 23d street and First avenue and $951 for the portion on West street); and to construct and maintain the necessary switches; the agree ment to continue for 25 years, but to be terminable upon six month's notice.

December 26, 1872, the Company granted joint trackage rights to the Twenty-Third Street Railway Company on its double track on 23d street from First avenue to Avenue A; on its single track on First avenue from 28th to 29th street, and on its double track on First avenue from 29th street to the center of the block between 30th and 31st streets. The Twenty Third Street Company agreed to pay an annual rental of $350, and to construct and maintain the necessary switches.

June 25, 1874, The New York Central and Hudson River Railroad Company agreed to. permit the company to continue the use of its tracks on Tenth avenue and West street, from 30th street to Canal street; the Company to pay for the past use $5,000, and for the future use to keep in repair the pavement of the street, 25 feet in width.

January 5, 1878, the Company agreed with The Dry Dock, East Broadway and Battery Rail Road Company for the joint operation of tracks on First avenue, Avenue A, 14th street and Avenue D. The details of the agreement are given in the history of The Dry Dock, East Broadway and Battery Rail Road Company. (no. 166.)

October 9, 1878, the Company granted to the Second Avenue Railroad Company permission to connect its track with that of this Company at Peck slip and South street and at Oliver and South streets, and to use in common such track on South street between Peck slip and Oliver street; the Second Avenue Company to pay a rental of $400 per annum.

April 22, 1885, the Company granted the Second Avenue Company the use in common of its track in 59th street between First and Second avenues, at an annual rental of $1 for each running foot.

June 14, 1886, the Company granted to The Forty-second Street, Manhattanville and St. Nicholas Avenue Railway Company trackage rights on First avenue between 42d and 34th streets, at an annual rental of $4,000; the Forty-second Street Company to construct the necessary connections and switches; rental to be adjusted every 10 years.

April 13, 1887, the Company granted to The Twenty-eighth and Twenty-ninth Streets Railroad Company* trackage rights on 10th avenue between 30th and 34th street, and between 28th and 29th streets; on First avenue from 28th or 29th street north to 34th street and south to 23d street; the Company to receive a rental of $6,500 per annum, such rental being subject to adjustment at the end of each 10-year period.

* See also Twenty-eighth and Twenty-ninth Streets Crosstown Railroad Company for agreement for storing cars.

May 29, 1889, the Company granted to the Forty-second Street Company trackage rights in 10th avenue between 42d and 59th streets at an annual rental of $100 per car operated thereon, not to exceed eight cars, and at a rental of $3,200 per annum if more than eight cars should be operated.

August 15, 1892, the Company granted to The Twenty-eighth and Twenty-ninth Streets Railroad Company trackage rights on 10th avenue from 29th to 30th streets, at a rental pro rata with that in the agreement of April 13, 1887.

May 27, 1896, the Company granted to the Twenty Third Street Company the joint use of its tracks in 14th street between Avenue A and Avenue D at an annual rental of $2,150; the Twenty Third Street Company to maintain the tracks used in common. The agreement was to continue for 100 years.

For other trackage agreements executed by this Company see history of the following companies: The South Ferry Railway Company; The Central Crosstown Railroad Company of New York; Chambers Street and Grand Street Ferry Railroad Company; Houston, West Street and Pavonia Ferry Railroad Company; The North & East River Railway Company; The Dry Dock, East Broadway and Battery Rail Road Company; Thirtyfourth Street Crosstown Railway Company; The Metropolitan Railway Company, and Third Avenue Bridge Company.

Receivership. November 30, 1912, George W. Linch was appointed receiver by the New York Supreme Court, in a suit to foreclose the first consolidated mortgage by the Guaranty and Trust Company. The mortgage was foreclosed, and Edward Cornell, on November 14, 1912, bought the property at the foreclosure sale. December 24, 1912, Cornell sold the property to the Belt Line Railway Corporation (no. 15), and a deed was executed January 21, 1913. The entire road is now operated by the Belt Line Railway Corporation.

128 The Central Railroad Company of Long Island

(Queens)

Incorporation. March 4, 1871; General Railroad Law of 1850; for purpose of constructing a railroad in Queens and Nassau counties; corporate life, 1,000 years; capital stock, $500,000; route (27 miles) as follows:

Commencing at a point in or near the village of Flushing on the line of the Flushing and North Side Railroad east of the Flushing creek drawbridge and running thence to a point in the westerly boundary line of the land of A. T. Stewart in the town of Hempstead; thence eastward to a point in or near Farmingdale; thence to Bethpage; with a branch from the main line to the village of Hempstead; also a branch from a point near Flushing creek to a point in the town of Newtown near the head of Flushing bay and near where Flushing creek enters the bay.

Maps. The Company filed in the office of the county clerk of Queens County,

March 4, 1871: A map of its route from Flushing to Bethpage, with a branch to Hempstead; May 22, 1871, a map of its route in three sections (1) from Foster's road to the "Plains," (2) in the village of Farmingdale, Nassau County, (3) from Garden City to Hempstead; and June 28, 1872, a map of its route from the Flushing and North Side Railroad connection west of Flushing creek, to a point in the village of Flushing north of the Flushing and Newtown turnpike.

Special franchise. By chapter 921, laws of 1871, this Company was authorized to construct a pivot or drawbridge over Flushing creek, such bridge to have an opening of not less than 30 feet in the clear and to be located northerly from the drawbridge formerly constructed by The Flushing Rail Road Company, and then used by The Flushing and North Side Railroad Company and not less than 800 feet distant therefrom.

Stock and bonds. In a report dated January, 1872, it appears that $279,100 of stock had been issued. December 3, 1872, it appears that $298,000 of the capital stock had been subscribed, and $687,000 of bonds issued.

Intercorporate relations. (See also chart V, no. 38.) June 19, 1874, under an agreement filed in the office of the secretary of state August 1, 1874, this Company was consolidated with The Flushing and North Side Railroad Company, the Central Railroad Extension Company, the Whitestone and Westchester Railroad Company, The North Shore Railroad Company, the North Shore and Port Washington Railroad Company and the Roslyn and Huntington Railroad Company, to form The Flushing, North Shore & Central Railroad Company (no. 217).

August 18, 1879, that portion of the road from Flushing to the property of A. T. Stewart in Nassau County was sold at public

auction in foreclosure proceedings under a mortgage executed by this Company under date of March 1, 1873, and was conveyed by deed, dated October 8, 1879, to Egisto P. Fabbri.

October 22, 1879, Fabbri and wife conveyed to The Long Island Railroad Company (no. 341), for the sum of $73,690, the portion now known as the Creedmoor branch of the Long Island Railroad, located partly within and partly without the city limits. The fanchise was not included in this conveyance. February 7, 1906, however, Ernesto G. Fabbri, as administrator of the estate of Egisto P. Fabbri conveyed to The Long Island Railroad Company "all and singular the alienable franchise of the said Central Railroad Company of Long Island connected with its railroad or relating thereto or to any part thereof which was conveyed to the said Egisto P. Fabbri" by the referee in the original deed October 8, 1879.

December 15, 1882, Fabbri and wife conveyed the remaining portion of the right of way of the railroad, extending from Creedmoor to Flushing, to Thomas F. Ward, and July 1, 1884, Ward conveyed that portion of this right of way lying between Great Neck Junction and Lawrence street, Flushing, to The Long Island City and Flushing Railroad Company (no. 331), which was afterwards merged into The Long Island Railroad Company. The remainder of the property acquired by Ward in 1882 was conveyed by him November 7, 1892, to Charles M. Reynolds, who, August 22, 1898, transferred it to William H. Baldwin, Jr., then president of The Long Island Railroad Company.

June 15, 1905, Ruth S. Baldwin, executrix of the estate of William H. Baldwin, Jr., conveyed the property acquired by him from Reynolds to the Stuyvesant Real Estate Company, which is a subsidiary company of The Long Island Railroad Company, organized for the purpose of acquiring and holding real estate.

Construction and operation. Commenced in April, 1871; in 1872, 22 miles of road had been built; in 1874 the entire road had been completed. In 1874 operation was carried on by The Flushing and North Side Railroad Company. Operation between Flushing and Creedmoor was abandoned in 1879, and has never been resumed.