Cook County Clerk Recording CTA Purchase of Surface and Rail Transit Lines, 1947
Courtesy of Chicago Transit Authority
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This object appears in the following sections:
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Cook County Clerk Recording CTA Purchase of Surface and Rail Transit Lines
Not a part of the official Smithsonian Collection
John Caprino, clerk in the Cook County Recorders' Office, recording deeds transferring ownership of the Chicago Surface Lines and Chicago Rapid Transit companies to the newly-created Chicago Transit Authority on September 30, 1947.
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Physical Description |
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Photograph. Black-and-white photograph of clerk recording deeds. Marked Peter Fish Studios/Photographers.
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Details |
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Credit: | Courtesy of Chicago Transit Authority |
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History |
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The 1947 transfer of ownership of most of Chicago's privately-owned surface and rapid transit companies to public ownership was the culmination of more than twenty years of political wrestling. The newly-formed Chicago Transit Authority had no power to tax, no subsidization, and was required to raise money for daily operation and much needed modernization from fares.
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Related People, Places, and Events |
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Related Person
Chicago Transit Authority
Related Place
Chicago, lllinois
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