Buffalo and Lake Erie Traction Co. - Stock Certificate
Inv# RS2860 Stock
American Bank Note Co., NY. Nice! Available in Purple, Blue or Brown. Please specify color.
The Erie Metropolitan Transit Authority (EMTA) is the Municipal Authority that owns and operates the public transport system in Erie County, Pennsylvania which includes the 'e', the area's transit buses; LIFT, the county paratransit service; and Bayliner Trolley, the downtown circulator.
The first public transportation system in Erie was established on March 1, 1897 as the Erie City Passenger Railway Company. On October 8, 1888, the Erie Electric Motor Company took control of the Erie City Passenger Railway. The Conneaut and Erie Railway Traction Company was formed in 1903 and ran trolleys to east of the city. On December 24, 1906, the Buffalo and Lake Erie Traction Company took control of the Erie Electric Motor Company and completed its 92-mile (148 km) line to Buffalo, New York in 1909. When the Conneaut and Erie was abandoned on September 16, 1922, the West Ridge Transportation Company was started the next year to run buses along the abandoned trolley route. The Buffalo and Lake Erie was reorganized into the Buffalo and Erie Railway Company on September 5, 1924 and the streetcar system in Erie was split from the Buffalo and Erie to form the Erie Railways Company. Unable to expanded to invest in an expansion of the streetcar system, four Yellow Coach "Z"'s were acquired and were operated by the Erie Coach Company, a newly formed subsidiary of the Erie Railways Company in 1925. The last of its trolleys ran between Erie and New York on December 1, 1932. The streetcars were put out of service in 1935. The city and county took over the Erie Coach Company and formed the Erie Metropolitan Transit Authority on September 20, 1966.
The Erie Metropolitan Transit Authority renamed its bus service "the 'e'" on June 11, 2010.
"LIFT" is EMTA's paratransit program in that provides door-to-door transportation services to people who have physical disabilities, are senior citizens or anyone who lives "beyond the bus routes or are unable to utilize bus services." Some passengers qualify for free rides while others may have to pay a minimum of $1.65 to ride.
Until 2008, EMTA offered a "trackless" trolley that could be rented for special occasions; while the rental program has been discontinued, this type of vehicle is still used for Route 20. Another program from EMTA is their "Bike on the Bus" program for bicyclists that allows them to take the bus to a destination while carrying their bike on a rack on the front of the bus for free. EMTA has a "Bayliner Trolley" route, using trackless trolleys, that takes the place of the Park and ride service in Erie. Currently, there is no fare on the Bayliner route.
A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.
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