FREE: San Francsico California: Market Street Railway 5% Mortgage Gold Bond certificate 1921

The listing, San Francsico California: Market Street Railway 5% Mortgage Gold Bond certificate 1921 has ended.

San Francsico California: Market Street Railway 5% Mortgage Gold Bond certificate 1921
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The Market Street Railway Company, founded in 1893 through the consolidation of smaller transit entities in San Francisco, played a pivotal role in the city's public transportation history. Initially relying on cable cars, the company transitioned to electric streetcars in the late 19th century, aligning with the broader trend in urban centers. The devastating 1906 earthquake and fire posed challenges, but the company played a vital role in the city's recovery by swiftly restoring transportation services. Throughout the early to mid-20th century, the Market Street Railway expanded its streetcar network, introducing innovations like larger, faster streetcars and streamlined designs. In 1944, due to declining profitability, the city of San Francisco took over the company, establishing the publicly-owned Municipal Railway (Muni). The subsequent years saw the gradual replacement of streetcars with buses, leading to the phasing out of much of the streetcar system by the early 1950s. While the Market Street Railway Company ceased to exist, its legacy lives on through the San Francisco Municipal Transportation Agency (SFMTA). The historic F Market & Wharves heritage streetcar line, featuring restored streetcars from the Market Street Railway era, provides a tangible link to San Francisco's rich transit history.