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Chicago Station (CTA Logan Square Branch)
Chicago was a rapid transit station on the Logan Square branch of the Chicago "L", one of the several branches of the Metropolitan West Side Elevated Railroad, between 1895 and 1951. Located on Chicago Avenue, the station was constructed by the Metropolitan in the early 1890s and began service on May 6, 1895. The Metropolitan, one of four companies that would build what became the Chicago "L", had many branches to serve Chicago's west side, including the Logan Square branch on which Chicago lay. With some interruptions and financial issues, it operated these lines until 1911, when it handed operations to the Chicago Elevated Railways (CER) trust, and formally merged into the Chicago Rapid Transit Company (CRT) in 1924. The "L" was taken over by the publicly-held Chicago Transit Authority (CTA) in 1947. A subway had been planned since the late 1930s to reach downtown in a more direct way than the portion of the Logan Square branch where Chicago was located. This subway ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chicago "L"
The Chicago "L" (short for "elevated") is the rapid transit system serving the city of Chicago and some of its surrounding suburbs in the U.S. state of Illinois. Operated by the Chicago Transit Authority (CTA), it is the fourth-largest rapid transit system in the United States in terms of total route length, at long as of 2014, and the second-busiest rail mass transit system in the United States, after the New York City Subway. In 2016, the "L" had 1,492 rail cars, eight different routes, and 145 train stations. In , the system had rides, or about per weekday in . The "L" provides 24-hour service on the Red and Blue Lines and is one of only five rapid transit systems in the United States to do so.The four other rapid transit systems in the U.S. that provide 24-hour service in at least some parts of their systems are the New York City Subway, Staten Island Railway, PATH, and PATCO Speedline. The oldest sections of the "L" started operations in 1892, making it the second-olde ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Marshfield Station
Marshfield was a rapid transit station on the Chicago "L"'s Metropolitan West Side Elevated Railroad. It was the western terminus of the Metropolitan's main line, after which it branched into three branches; the northwestern Logan Square branch, the western Garfield Park branch, and the southwestern Douglas Park branch. The station existed from 1895 to 1954, when it, alongside the main line and the Garfield Park branch, was demolished to make way for the Eisenhower Expressway and its Congress Line. It was also serviced by Chicago Aurora and Elgin Railroad (CA&E), an interurban that used the Garfield Park branch's tracks between 1905 and its closure in 1953. History The Metropolitan West Side Elevated Railroad Company was granted a 50-year franchise by the Chicago City Council on April 7, 1892, and began securing right of way shortly thereafter. As designed, the Metropolitan's operations would comprise a main line that went westward from downtown to diverge into three branches ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State Street Subway
The State Street subway is an underground section of the Chicago "L" system in The Loop which serves as the center of the Red Line. It is long and has a boarding average of 53,601 passengers every weekday as of February 2013. It owes its name to State Street which it runs below. Since the subway is operated by the Red Line, it serves passengers 24 hours a day/7 days a week and 365 days a year. The subway is notable for having the longest railway platform in both North America and the Western Hemisphere, shared by all stations from Lake Street to Jackson Boulevard. History The State Street subway project was funded by New Deal programs established by Franklin D. Roosevelt during the Great Depression. In 1937, the city of Chicago successfully applied for a federal grant and loan from the Works Progress Administration to fund the construction of two subway tunnels, the first of which would be built beneath State Street and the second beneath Milwaukee Avenue and Dearborn Street ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Works Administration
The Public Works Administration (PWA), part of the New Deal of 1933, was a large-scale public works construction agency in the United States headed by Secretary of the Interior Harold L. Ickes. It was created by the National Industrial Recovery Act in June 1933 in response to the Great Depression. It built large-scale public works such as dams, bridges, hospitals, and schools. Its goals were to spend $3.3 billion (about $10 per person in the U.S.) in the first year, and $6 billion (about $18 dollars per person in the U.S.) in all, to supply employment, stabilize buying power, and help revive the economy. Most of the spending came in two waves in 1933–1935 and again in 1938. Originally called the ''Federal Emergency Administration of Public Works'', it was renamed the Public Works Administration in 1935 and shut down in 1944. The PWA spent over $7 billion (about $22 dollars per person in the U.S.) on contracts with private construction firms that did the actual work. It creat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chicago Traction Wars
The Chicago Traction Wars was a political conflict which took place in Chicago primarily from the mid-1890s through the early 1910s. It concerned the franchise and ownership of streetcar lines. At the time it was one of the dominant political issues in the city and was a central issue of several mayoral elections and shaped the tenures of several mayors, particularly those of Carter Harrison Jr. and Edward Fitzsimmons Dunne. Background Chicago awarded its first street railway franchises in 1856. Early on, dozens of streetcar companies arose. However, by the 1890s mergers and acquisitions had left only a handful. 99-year franchise act In the summer of 1863, the "Gridiron Bill" was proposed to extend the franchise of Chicago streetcar companies to 99 years. This generated outrage in Chicago, with large petitions and protests arising. In January 1865, overriding a veto from Governor Richard Yates, the Illinois legislature passed the "Century Franchise", which had by then become ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Holding Company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' also refers to the term as ''parent holding company.'' Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes to Lawsuit, litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Receivership
In law, receivership is a situation in which an institution or enterprise is held by a receiver—a person "placed in the custodial responsibility for the property of others, including tangible and intangible assets and rights"—especially in cases where a company cannot meet its financial obligations and is said to be insolvent.Philip, Ken, and Kerin Kaminski''Secured Lender'', January/February 2007, Vol. 63 Issue 1, pages 30-34,36. The receivership remedy is an equitable remedy that emerged in the English chancery courts, where receivers were appointed to protect real property. Receiverships are also a remedy of last resort in litigation involving the conduct of executive agencies that fail to comply with constitutional or statutory obligations to populations that rely on those agencies for their basic human rights. Receiverships can be broadly divided into two types: *Those related to insolvency or enforcement of a security interest. *Those where either **One is Incapable of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chicago Avenue
Chicago Avenue is a major east–west street in Chicago, Illinois that runs at 800 north from 385 east to 5968 west in the Chicago street address system from which point it enters the suburbs and goes into several different suburban address systems.Hayner, Don and Tom McNamee, ''Streetwise Chicago'', "Chicago Avenue", p. 22., Loyola University Press, 1988, It originates at the shores of Lake Michigan and Lake Shore Drive (U.S. Route 41) in the Gold Coast neighborhood in the Near North Side community area of Chicago in Cook County, Illinois, United States, and runs west to 17th Avenue, where it terminates a few feet north of Lake Street in Melrose Park, IL. This is a distance of approximately .Google Maps estimate. Route description Chicago Avenue has two lanes west of[...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Canal Station (CTA Metropolitan Main Line)
Canal was a rapid transit station located on the Metropolitan main line of the Chicago "L". It was in existence from 1895 to 1958, when the entire main line was replaced by the Congress Line located in the median of the nearby Eisenhower Expressway. Starting in 1927, the interurban Chicago Aurora and Elgin Railroad (CA&E) also served the station, continuing until 1953. Throughout the second half of its existence, Canal connected with Chicago's Union Station, which was one of the city's rail terminals. History The Metropolitan main line and Logan Square branch commenced operations on May 6, 1895, containing several stations including Canal. The main line was replaced by the Congress Line in 1958, and it and its station were demolished accordingly. Union Station was rebuilt in 1925, and the new station included a transfer point to the Canal Street "L" station. The CA&E, which had used the Metropolitan's tracks since 1905, began service to Canal on August 1, 1927, to take advantage ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Robey Station
Damen is an elevated rapid transit station on the Chicago "L", currently serving the O'Hare branch of its Blue Line. Opened on May 6, 1895, as Robey, it is the oldest station on the Blue Line. The station serves the popular Bucktown and Wicker Park neighborhoods, and is consistently in the top 40 highest-ridership "L" stations. It has two wooden side platforms and a brick station house at street level. The west platform, serving southbound trains, contains a tower that has never been used but is a relic of the station's past. Robey was constructed by the Metropolitan West Side Elevated Railroad to serve its Logan Square and Humboldt Park branches, being the last stop on the Logan Square branch before the Humboldt Park branch diverged from it. The Metropolitan's operations, along with the rest of the "L", were assumed by the private Chicago Rapid Transit Company in 1924 and the public Chicago Transit Authority in 1947. The rail lines that had been constructed by the Metropol ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lake Street Elevated
The Lake Street Elevated, also known as the Lake branch, is a long branch of the Chicago "L" which is located west of the Chicago Loop and serves the Green Line for its entire length, as well as the Pink Line east of Ashland Avenue. As of February 2013, the branch serves an average of 27,217 passengers each weekday. It serves the Near West Side, East Garfield Park, West Garfield Park, and Austin neighborhoods of Chicago, as well as the suburbs Oak Park and Forest Park. It owes its name to Lake Street, the street that the branch overlooks for before continuing its route straight west, adjacent to South Boulevard, towards the terminus at Harlem/Lake. History The Lake Street Elevated began regular passenger service on November 6, 1893, from its eastern terminal at Madison Street and Market Street to California Avenue. On November 24, 1893, service on the line was extended to Homan Avenue. In March 1894, service on the line was extended to 48th Avenue (now known as Cicero A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South Side Elevated
The South Side Elevated is a branch of the Chicago "L" system in Chicago, Illinois that is served by the Green Line. It has on average 12,509 passengers, counting branch divisions, boarding each weekday as of February 2013, according to the Chicago Transit Authority. The branch is long with a total of 8 stations, and runs from the Near South Side to the Washington Park neighborhood of Chicago. Route The South Side Elevated serves the Near South Side, Douglas, Bronzeville, Grand Boulevard, and Washington Park neighborhoods of Chicago and has stops near the Illinois Institute of Technology and the University of Chicago. The South Side Elevated continues to the Englewood branch () and the Jackson Park branch (). History The South Side Elevated started passenger service on June 6, 1892, with service as far south as 39th Street (Pershing Road), making the branch the oldest section of the Chicago "L". On January 22, 1893, service on the line was extended as far south as 61st ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
