Brooklyn Union Gas Company

Product Details Brooklyn Union Gas Company Certificate TypeFirst Mortgage BondDate Issued1970'sCanceledYesPrinterSecurity-Columbian Bank Note CompanySignaturesMachine printedApproximate Size12" (w) by 8" (h)Additional DetailsNA Historical Context The Brooklyn Union Gas Company was originally established in 1825 as the Brooklyn Gas Light Company.In the face of low profits because of price wars and stiff competition from electric light, Brooklyn, Fulton, and five other gas companies combined to form the Brooklyn Union Gas Company. Incorporated in 1895, the new company, which served 106,650 customers in Brooklyn and 1,400 in Queens, also included Citizens Gas Light Co., Metropolitan Gas Light Co., Nassau Gas Light Co., Peoples Gas Light Co., and Williamsburg Gas Light Co.In the early 1900s the New York State legislature created the New York Public Service Commission, which began regulating rates. In 1906 the Public Service Commission established the “80-Cent Gas Law” which redu