This Day in History: 1908-06-02
A new trolley line from Paterson to Suffern has been announced. Malcolm R. McAdoo, President of the North Jersey Rapid Transit Company announced that the organization has a capital stock of $1,000,000. It plans a route which will parallel the Erie tracks through Mahwah which will cost $40,000 per mile or about $600,000 for the 15 miles. This will leave $400,000 for rolling stock, power, and maintenance. The fare from Suffern to Paterson is expected to be 15 cents. The previously announced route from Paterson to New York City will also be built. Since the line will be built on private right of way Mr. McAdoo claimed that the new service will be practically an airline, running at high speeds. (Bristow)