BroadwayLion The MTA is as you say a corporation, but it is a publicly (or stte owned) owned corporation. By itself, it is not simply an agency of government. Further more, it is a HOLDING COMPANY, which wholly owns other corporations, such as the LONG ISLAND RAIL ROAD, The METRO NORTH COMMUTER RAILROAD, and it also manages city and state properties such as NEW YORK CITY TRANSIT AUTHORITY, and the TRIBORO BRIDGE AND TUNNEL AUTHORITY. LIRR and MNCR are still corporations in their own right, they hire and dismiss employees and they are not public employees. If we could make it any more complicated, we surely would. ROAR
The MTA is as you say a corporation, but it is a publicly (or stte owned) owned corporation. By itself, it is not simply an agency of government. Further more, it is a HOLDING COMPANY, which wholly owns other corporations, such as the LONG ISLAND RAIL ROAD, The METRO NORTH COMMUTER RAILROAD, and it also manages city and state properties such as NEW YORK CITY TRANSIT AUTHORITY, and the TRIBORO BRIDGE AND TUNNEL AUTHORITY.
LIRR and MNCR are still corporations in their own right, they hire and dismiss employees and they are not public employees.
If we could make it any more complicated, we surely would.
ROAR
Interesting
Railroad to Freedom
The Route of the Broadway Lion The Largest Subway Layout in North Dakota.
Here there be cats. LIONS with CAMERAS
Thank you for the answer, Alex. The question is.....????
RIDEWITHMEHENRY is the name for our almost monthly day of riding trains and transit in either the NYCity or Philadelphia areas including all commuter lines, Amtrak, subways, light rail and trolleys, bus and ferries when warranted. No fees, just let us know you want to join the ride and pay your fares. Ask to be on our email list or find us on FB as RIDEWITHMEHENRY (all caps) to get descriptions of each outing.
And just what is this supposed to prove?
http://mta.info/mta/compliance/pdf/Description%20and%20Board%20Structure.pdf
"The Metropolitan Transportation Authority (“MTA”), a public benefit corporation of the State of New York"
http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=162976
The NY MTA here lists itself as a corporation and its members as officers, presidents and so on.
Our community is FREE to join. To participate you must either login or register for an account.