History
Chartered by the New York State Legislature in 1965 as the Metropolitan Commuter Transportation Authority (MCTA) it initially was created to purchase and operate the bankrupt Long Island Rail Road. The MCTA changed its name to the Metropolitan Transportation Authority (MTA) in 1968 when it took over operations of the New York City Transit Authority (NYCTA) and Triborough Bridge and Tunnel Authority (TBTA), now MTA New York City Transit (NYCT) and MTA Bridges and Tunnels (B&T) respectively. The agency also acquired through lease the New York State commuter trackage of Penn Central Transportation's Hudson, Harlem and New Haven lines, contracting their subsidized operation to Penn Central, until that company's operations were folded into Conrail in 1976. The MTA took over full operations in 1983, as the Metro-North Railroad.
Read more about this topic: Metropolitan Transportation Authority (New York)
Famous quotes containing the word history:
“The principle office of history I take to be this: to prevent virtuous actions from being forgotten, and that evil words and deeds should fear an infamous reputation with posterity.”
—Tacitus (c. 55–117)
“No one can understand Paris and its history who does not understand that its fierceness is the balance and justification of its frivolity. It is called a city of pleasure; but it may also very specially be called a city of pain. The crown of roses is also a crown of thorns. Its people are too prone to hurt others, but quite ready also to hurt themselves. They are martyrs for religion, they are martyrs for irreligion; they are even martyrs for immorality.”
—Gilbert Keith Chesterton (1874–1936)
“History does nothing; it does not possess immense riches, it does not fight battles. It is men, real, living, who do all this.... It is not “history” which uses men as a means of achieving—as if it were an individual person—its own ends. History is nothing but the activity of men in pursuit of their ends.”
—Karl Marx (1818–1883)