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Laflin Station
Laflin was a rapid transit station operated by the Chicago "L"'s Metropolitan West Side Elevated Railroad and located on its main line. The station existed from 1895 to 1951, when it was closed due to low ridership. The entire main line would soon be demolished for construction of the Eisenhower Expressway and its Congress Line, and the niche served by the Laflin would be filled by an entrance on the new line's Racine station. 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 west from downtown to Marshfield, where three branches one northwest to Logan Square, one due west to Garfield Park, and one southwest to Douglas Parkwould diverge and serve various parts of Chicago's west side. A further branch to Humboldt Park would proceed due west from the Lo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chicago 'L'
(''City in a Garden''); I Will , image_map = , map_caption = Interactive Map of Chicago , coordinates = , coordinates_footnotes = , subdivision_type = Country , subdivision_name = United States , subdivision_type1 = State , subdivision_type2 = Counties , subdivision_name1 = Illinois , subdivision_name2 = Cook and DuPage , established_title = Settled , established_date = , established_title2 = Incorporated (city) , established_date2 = , founder = Jean Baptiste Point du Sable , government_type = Mayor–council , governing_body = Chicago City Council , leader_title = Mayor , leader_name = Lori Lightfoot ( D) , leader_title1 = City Clerk , leader_name1 = Anna Valencia ( D) , unit_pref = Imperial , area_footnotes = , area_tota ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Garfield Park Branch
The Garfield Park Branch was a rapid transit line which was part of the Chicago "L" system from 1895 to 1958. The branch served Chicago's Near West Side, East Garfield Park, West Garfield Park, and Austin neighborhoods, and the suburbs of Oak Park, and Forest Park, and consisted of twenty-two stations. It opened on June 19, 1895 and closed on June 22, 1958, when it was replaced by the Congress branch of the Blue Line. Operations The Garfield Park branch divided from the Metropolitan Main Line at the Marshfield Junction, just west of the Marshfield station. Initially the line only extended as far west as 48th Avenue (Cicero Avenue). On August 25, 1902, the Garfield Park branch was extended to 52nd Avenue (Laramie Avenue), and on March 11, 1905, service was extended to Des Plaines Avenue in Forest Park. On October 1, 1926, the Westchester branch was added, providing service from the Des Plaines Avenue stop to Roosevelt Road in Westchester. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Westchester Branch
The Westchester branch was a rapid transit line which was part of the Chicago "L" system from 1926 to 1951. The branch served the suburbs of Forest Park, Maywood, Bellwood, and Westchester, and consisted of nine stations. It opened on October 1, 1926, and closed on December 9, 1951. Operations The Westchester branch was long, and originated from the Garfield Park Branch at the Des Plaines station in Forest Park, Illinois. Initially the line terminated at Roosevelt Road near Bellwood Avenue. On December 1, 1930, service was extended to Mannheim/22nd. Service on the Westchester branch ended on December 9, 1951, and was replaced by the Westchester bus route (now Pace Pace or paces may refer to: Business *Pace (transit), a bus operator in the suburbs of Chicago, US * Pace Airlines, an American charter airline *Pace Foods, a maker of a popular brand of salsa sold in North America, owned by Campbell Soup Compan ... Route 317), which largely mirrored the route of the Westchest ... [...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 becom ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chicago Rapid Transit Company
The Chicago Rapid Transit Company (CRT) was a privately owned firm providing rapid transit rail service in Chicago, Illinois and several adjacent communities between 1924 and 1947. The CRT is one of the predecessors of the Chicago Transit Authority, Chicago's current mass transit operator. Leading up to the consolidation of the 'L' companies into the CRT was decades of the Chicago Elevated Railways Collateral Trust (CER), an entity directly attributed to utilities magnate Samuel Insull. CER laid the groundwork for the companies to become one, including financial agreements and simplification that allowed for free transfers between the various lines at the places where they shared facilities, such as at Loop elevated stations. CER also resulted in the through-routing of trains from one company's line to another, enabling riders to take a single train from Ravenswood on the Northwestern 'L' to 35th Street on the South Side 'L'. The CRT was an amalgamation of several elevated ra ... [...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] |
Chicago Elevated Railways
(''City in a Garden''); I Will , image_map = , map_caption = Interactive Map of Chicago , coordinates = , coordinates_footnotes = , subdivision_type = Country , subdivision_name = United States , subdivision_type1 = State , subdivision_type2 = Counties , subdivision_name1 = Illinois , subdivision_name2 = Cook and DuPage , established_title = Settled , established_date = , established_title2 = Incorporated (city) , established_date2 = , founder = Jean Baptiste Point du Sable , government_type = Mayor–council , governing_body = Chicago City Council , leader_title = Mayor , leader_name = Lori Lightfoot ( D) , leader_title1 = City Clerk , leader_name1 = Anna Valencia ( D) , unit_pref = Imperial , area_footnotes = , area_tota ... [...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] |
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] |
Railway Electrification
A railway electrification system supplies electric power to railway trains and trams without an on-board prime mover or local fuel supply. Electric railways use either electric locomotives (hauling passengers or freight in separate cars), electric multiple units (passenger cars with their own motors) or both. Electricity is typically generated in large and relatively efficient generating stations, transmitted to the railway network and distributed to the trains. Some electric railways have their own dedicated generating stations and transmission lines, but most purchase power from an electric utility. The railway usually provides its own distribution lines, switches, and transformers. Power is supplied to moving trains with a (nearly) continuous conductor running along the track that usually takes one of two forms: an overhead line, suspended from poles or towers along the track or from structure or tunnel ceilings, or a third rail mounted at track level and contacted by a ... [...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] |
