Effective November 16, 1936, while the New Haven was in reorganization, the Connecticut Company terminated its lease of the Connecticut Railway and Lighting Company. That company's final trolley lines, mainly in the Bridgeport, Derby, and Waterbury areas, but also including joint intercity operations with the Connecticut Company, were replaced with buses in 1937. The Connecticut Company itself left New Haven control in June 1964, after defaulting on federal flood loans, and was reorganized under the same name and sold by the United States for $3,225,000. The old corporation, which still owned a portion of the old Glastonbury line, was renamed East Hartford Freight Company, and continued to operate non-electric freight service on Main Street in East Hartford to Pratt & Whitney until 1967.