Beautifully engraved uncancelled $1000 bond certificate from the Chicago Transit Authority
issued in 1947. This historic document was printed by the Columbian Banknote Company and has an
ornate border around it with a vignette of the City of Chicago with the CTA logo in front. This item has the printed signatures of the Chicago Transit Authority's officers. Cut on right margin where the coupons were attached.
Chicago Transit Authority, also known as CTA, is the operator of mass transit within the City of Chicago, Illinois and some of its surrounding suburbs, including the trains of the Chicago 'L' and CTA bus service.
The CTA is a municipal corporation that started operations on October 1, 1947 upon the purchase and combination of the transportation assets of the Chicago Rapid Transit Company and the Chicago Surface Lines streetcar system. In 1952, CTA purchased the assets of the Chicago Motor Coach Company, which was under the control of Yellow Cab founder John D. Hertz, resulting in a fully unified system. Today, the CTA is one of the three service boards financially supported by the Regional Transportation Authority.
History from Encyberpedia and
stock certificate research service)