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In page Cobble Hill Tunnel:

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In 1861, the New York State Legislature voted to ban railroad locomotives from within the limits of the City of Brooklyn. A tax assessment was ordered on all property owners along Atlantic Street (today Atlantic Avenue), to defray the costs of the closure. It was undisclosed at the time that New York State Governor John A. King was a major shareholder in the Brooklyn and Jamaica Railroad (later the Long Island Rail Road) and therefore had a conflict of interest and stood to benefit by the compensation payments to the railroad from the tax assessment.[citation needed]