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 dropped the word "Commuter" from its name and became 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 Of New York
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“History is not what you thought. It is what you can remember. All other history defeats itself.
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Idealism is the despot of thought, just as politics is the despot of will.”
—Mikhail Bakunin (18141876)
“They are a sort of post-house,where the Fates
Change horses, making history change its tune,
Then spur away oer empires and oer states,
Leaving at last not much besides chronology,
Excepting the post-obits of theology.”
—George Gordon Noel Byron (17881824)
“The disadvantage of men not knowing the past is that they do not know the present. History is a hill or high point of vantage, from which alone men see the town in which they live or the age in which they are living.”
—Gilbert Keith Chesterton (18741936)