Your choice of a red, green, or orange stock certificate from the New York Railways Corporation, issued and cancelled in the 1920s. Signatures and cancellation holes are present. Offered as a collectible.

The New York Railways Corporation operated street railways in Manhattan from 1925 to 1936, marking a transitional period from rail to bus transportation. It emerged after its predecessor, the New York Railways Company, entered receivership in 1919 due to denied fare increases and unprofitable lines.

The corporation took control on May 1, 1925, following receivership of the New York Railways Company, which had managed Manhattan streetcars since 1911.

The corporation’s lineage traces to earlier conglomerates like the Metropolitan Traction Company (est. 1886), which consolidated Manhattan’s fragmented streetcar networks. Financial instability, including the Panic of 1907, led to repeated restructurings; by the 1920s, declining ridership and rising maintenance costs accelerated the street railways’ decline.

The New York Railways Corporation ceased operations in 1936, ending Manhattan’s streetcar era. Its infrastructure and bus replacements laid groundwork for modern public transit under today’s Metropolitan Transportation Authority (MTA). Remnants of these lines influenced subsequent subway and bus route planning.

• Issuer: New York Railways Corporation
• Type: Stock certificate (issued, cancelled)
• Date: 1920s
• Colors available: Red, Green, Orange
• Features: Hand signatures, cancellation holes
• Condition: Very good vintage condition with typical filing marks

Sold as a historical collectible; no financial value or rights implied.