Vincent Francis Seyfried, The Long Island Rail Road: A Comprehensive History…
“ When Oliver Charlick took over the old New York & Flushing in July 1867, he naturally assumed that his acquisition of the road effectively ended the ambitions of the Woodside & Flushing people. When he discovered that the road was not a dead-letter after all, but actively under contract, and with the backing of powerful capitalists besides, he realized that his New York & Flushing R.R. would prove to be a liability. To rehabilitate it would cost a great deal of money and even then it could not compete with a rival boasting new engines, new cars, a new roadbed and a youthful management. ”
