Search

The Online Encyclopedia and Dictionary

 
     
 

Encyclopedia

Dictionary

Quotes

 

Dual Contracts (New York City Subway)

(Redirected from Dual Contracts)

The Dual Contracts of 1913, also known as the Dual Subway System, were contracts for the construction and/or rehabilitation and operation of rapid transit lines in the City of New York. The majority of the lines of the present-day New York Subway were built or reconstructed under these contracts.

The contracts were "dual" in that they were signed between the City and two separate private companies. Contract 3 was signed between the City and the , operator of the original subway line in New York City. Contract 4 was signed between the City and the Municipal Railway Company , a subsidiary of the (later ), formed especially for the purpose of contracting with the City for construction of the lines.

Contracts 1 and 2 were the original subway contracts between the City and the IRT for the famous first subway. These contracts predated the Dual Contracts.

Under the terms of Contracts 3 and 4, the City would build new subway and elevated lines and rehabilitate and expand certain existing elevated lines, and lease them to the private companies for operation. The cost would be borne more or less equally by the City and the companies. The City's contribution was in cash raised by bonded indebtedness , while the companies' contributions were variously by supplying cash, facilities and equipment to run the lines.

Several provisions were imposed on the companies, which eventually led to their downfall and consolidation into the City-owned in 1940:

  • Fare was be limited to five cents; this led to financial troubles after post-World War I inflation.
  • The City had the right to "recapture" any of the lines it built, and run them as their own.
  • The City was to share in the profits.

IRT lines

The following lines were built under the Dual Contracts for the IRT:

The following lines were rebuilt with extra tracks:

  • Ninth Avenue Line from 125th Street to 155th Street (one new track)

BMT lines

All Manhattan and Queens BMT lines were built under the Dual Contracts, as were all subway and some elevated lines in Brooklyn. The following lines were built under the Dual Contracts for the BMT (or its predecessor, the BRT):

The following lines were rebuilt with extra tracks:

  • Jamaica Line from merge with line from Broadway Ferry (east end of Queensboro Bridge) to Broadway Junction (one new track)
  • Myrtle Avenue Line from Broadway to Wyckoff Avenue , including track connection to Jamaica Line (one new track)
  • Fulton Street Line from east of Franklin Avenue to east of split from Canarsie Line, plus short piece of Canarsie Line north of Fulton Street Line (one new track)
  • Brighton Line from Church Avenue to Prospect Park (two new tracks)


External links

The contents of this article are licensed from Wikipedia.org under the GNU Free Documentation License. How to see transparent copy