[PRCo] PAAC to PAT
Bob Rathke
bobrathke at comcast.net
Mon Feb 23 22:57:08 EST 2004
I believe that PAAC took over PRC on March 1, 1964. A few months later PAAC
had a contest to name the new public transit organization, and "PAT" was
chosen around the end of that summer, although I suspect that the new name
had actually been selected early on.
Bob 2/23/04
-----------------------------
> > >From: Fred Schneider <fschnei at supernet.com>
> > >Reply-To: pittsburgh-railways at dementia.org
> > >To: Boris Cefer <boris6 at volny.cz>, pittsburgh-railways at dementia.org
> > >Subject: [PRCo] Re: Where are you?
> > >Date: Sat, 21 Feb 2004 02:57:59 -0500
> > >
> > >The majority of the employees went to work with the Port Authority on
> > >April 1, 1964. Charles Palmer and I'm assuming that some of his legal
> > >and financial people stayed with the old company. They had been
> > >investing in other things during the final years in an attempt to
create
> > >a positive cash flow in order to keep the transit company functioning.
> > >Unfortunately, every time they invested a dollar in another gasoline
> > >station, the city political hacks tried to beat them over the head for
> > >diverting money. At the same time the city publicly admitted that they
> > >were trying to ruin the company because it would reduce the
condemnation
> > >price the public had to pay.
RR
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