The Long Island Traction Company was a street railway holding company in Brooklyn and Queens, New York City, United States.
In order to get around anti-stock watering statutes, the owners of the Brooklyn City Rail Road, capitalized at $6 million, incorporated the Long Island Traction Company in West Virginia in March 1893 with a capital of $30 million.
The BCRR-controlled[1] Brooklyn Heights Railroad, until then the operator of only the short cable-operated Montague Street Line, leased the BCRR on June 6, 1893.
[6] The increased capitalization was used to convert the companies from horse car to trolley operations.
The Long Island Traction Company went bankrupt in mid-1895[7] after a January strike.