Coney Island and Gravesend Railway Co.

PMG graded Unissued Stock. The Coney Island and Gravesend Railway, a Brooklyn Rapid Transit Company subsidiary, bought a majority of Coney Island & Brooklyn stock in 1913 or 1914; it remained part of the Brooklyn Rapid Transit (Brooklyn-Manhattan Transit Corporation after 1923) system until the Brooklyn-Manhattan Transit was purchased by the City of New York in 1940. In 1955, the former CI&B's Coney Island Avenue Line was the third to last Brooklyn streetcar line to be converted to bus operation and the fourth to last in the State of New York. The Coney Island Avenue Line continues to operate today as the B68 bus of the New York City Transit Authority, tracing most of the same route it has run for nearly a century-and-a-half.