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Cook County Clerk Recording CTA Purchase of Surface and Rail Transit Lines, 1947

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Cook County Clerk Recording CTA Purchase of Surface and Rail Transit Lines, 1947
Courtesy of Chicago Transit Authority

IN CONTEXT

This object appears in the following sections:


Communities
Chicago, the Transit Metropolis — 1947: The Chicago Transit Authority


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.

Physical Description
Photograph. Black-and-white photograph of clerk recording deeds. Marked “Peter Fish Studios/Photographers.”
Details
Date Made:
1947
Locations:
Illinois
Note:
Chicago
Credit:
Courtesy of Chicago Transit Authority
History

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.

Related People, Places, and Events
Related Person
Chicago Transit Authority

Related Place
Chicago, lllinois


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