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Re: Transfer mystery

Posted by BusMgr on Tue Jan 12 23:33:41 2021, in response to Re: Transfer mystery, posted by BusRider on Tue Jan 12 23:09:20 2021.

As to "owners": Green Bus Lines had many stockholders, no single person owning more than 2 percent of the company. Triboro Coach and Jamaica Central Railways also each had many stockholders, most of whom (but not all) being identical to the stockholders of Green Bus Lines. Jamaica Central Railways was the sole owner of Jamaica Buses and a one-third owner of Command Bus Company. Green Bus Lines and Triboro Coach were each one-third owners of Command Bus Company. The three companies were also each one-third owners of Varsity Transit and TFM Paratransit. Later, the companies were reorganized and continue in existence today as GTJ REIT.

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