Columbia Railway Company
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Columbia Railway Company
The Columbia Railway was the third Streetcars in Washington, D.C., streetcar company to operate in Washington, D.C. It was incorporated and started operations in 1870, running from the Treasury Building (Washington, D.C.), Treasury Building along H Street NW/NE to the city boundary at 15th Street NE. It switched to cable power in 1895 and then electric power in 1899. The company extended to Seat Pleasant, Maryland, and Kenilworth in 1898. In the late 19th century, it was purchased by the Washington Traction and Electric Company and on February 4, 1902, became a part of the Washington Railway and Electric Company. Origins Chartered by Congress on May 24, 1870, and beginning operations the same year, the Columbia Railway Company was the city's third horse car operator. Its route began at 15th Street and New York Avenue (Washington, D.C.), New York Avenue NW, where it intersected the Washington and Georgetown Railroad, Washington and Georgetown line, and continued east on New York Av ...
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Columbia Car Barn
Columbia most often refers to: * Columbia (personification), the historical personification of the United States * Columbia University, a private university in New York City * Columbia Pictures, an American film studio owned by Sony Pictures * Columbia Sportswear, an American clothing company * Columbia, South Carolina * Columbia, Missouri Columbia may also refer to: Places North America Natural features * Columbia Plateau, a geologic and geographic region in the U.S. Pacific Northwest * Columbia River, in Canada and the United States ** Columbia Bar, a sandbar in the estuary of the Columbia River ** Columbia Country, the region of British Columbia encompassing the northern portion of that river's upper reaches ***Columbia Valley, a region within the Columbia Country ** Columbia Lake, a lake at the head of the Columbia River *** Columbia Wetlands, a protected area near Columbia Lake ** Columbia Slough, along the Columbia watercourse near Portland, Oregon * Glacial Lake Columbia, ...
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Cable Car (railway)
A cable car (usually known as a cable tram outside North America) is a type of cable railway used for Public transport, mass transit in which rail cars are hauled by a continuously moving Wire rope, cable running at a constant speed. Individual cars stop and start by releasing and gripping this cable as required. Cable cars are distinct from funiculars, where the cars are permanently attached to the cable. History The first cable-operated railway to use a moving rope that could be picked up or released by a Cable grip, grip on the cars was the Fawdon Wagonway, a colliery railway line that opened in 1826. Another began operation in 1840: the London and Blackwall Railway, which hauled passengers in east London, England. The rope available at the time proved too susceptible to wear and the system was abandoned in favour of steam locomotives after eight years. In America, the first cable car installation in operation probably was the IRT Ninth Avenue Line, West Side and ...
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Railway Companies Disestablished In 1902
Rail transport (also known as train transport) is a means of transport using wheeled vehicles running in tracks, which usually consist of two parallel steel rails. Rail transport is one of the two primary means of land transport, next to road transport. It is used for about 8% of passenger and freight transport globally, thanks to its energy efficiency and potentially high speed.Rolling stock on rails generally encounters lower frictional resistance than rubber-tyred road vehicles, allowing rail cars to be coupled into longer trains. Power is usually provided by diesel or electric locomotives. While railway transport is capital-intensive and less flexible than road transport, it can carry heavy loads of passengers and cargo with greater energy efficiency and safety. Precursors of railways driven by human or animal power have existed since antiquity, but modern rail transport began with the invention of the steam locomotive in the United Kingdom at the beginning of the 19th ...
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Default (finance)
In finance, default is failure to meet the legal obligations (or conditions) of a loan, for example when a home buyer fails to make a mortgage payment, or when a corporation or government fails to pay a bond which has reached maturity. A national or sovereign default is the failure or refusal of a government to repay its national debt. The biggest private default in history is Lehman Brothers, with over $600 billion when it filed for bankruptcy in 2008 (equivalent to over $ billion in ). The biggest sovereign default is Greece, with $138 billion in March 2012 (equivalent to $ billion in ). Distinction from insolvency, illiquidity and bankruptcy The term "default" should be distinguished from the terms "insolvency", illiquidity and "bankruptcy": * Default: Debtors have been passed behind the payment deadline on a debt whose payment was due. * Illiquidity: Debtors have insufficient cash (or other "liquefiable" assets) to pay debts. * Insolvency: A legal term meani ...
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Electrical Power Industry
Electricity is the set of physical phenomena associated with the presence and motion of matter possessing an electric charge. Electricity is related to magnetism, both being part of the phenomenon of electromagnetism, as described by Maxwell's equations. Common phenomena are related to electricity, including lightning, static electricity, electric heating, electric discharges and many others. The presence of either a positive or negative electric charge produces an electric field. The motion of electric charges is an electric current and produces a magnetic field. In most applications, Coulomb's law determines the force acting on an electric charge. Electric potential is the Work (physics), work done to move an electric charge from one point to another within an electric field, typically measured in volts. Electricity plays a central role in many modern technologies, serving in electric power where electric current is used to energise equipment, and in electronics dealing w ...
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Holding Company
A holding company is a company whose primary business is holding a controlling interest in the Security (finance), securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own Share capital, stock of other companies to create a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding Share capital, stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' uses the term ''parent holding company''. Holding companies can be subsidiaries in a Subsidiary#Tiered subsidiaries, tiered structure. Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes ...
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Chesapeake Beach Railway
The Chesapeake Beach Railway (CBR), now defunct, was an American railroad of southern Maryland and Washington, D.C., built in the 19th century. The CBR ran 27.629 miles from Washington, D.C., on tracks laid by the Southern Maryland Railroad and its own single track through Maryland farm country to a resort at Chesapeake Beach. The construction of the railway was overseen by Otto Mears, a Colorado railroad builder, who planned a shoreline resort with railroad service from Washington and Baltimore. It served Washington and Chesapeake Beach for almost 35 years, but closed amid the Great Depression and the rise of the automobile. The last train left the station on April 15, 1935. Parts of the right-of-way are now used for roads and a future rail trail. History Origins In 1891, Baltimore lawyer (and later Maryland governor) Edwin Warfield and others organized the Washington & Chesapeake Beach Railway to connect Washington, D.C., with 3,000 acres (12 km2) of virgin bay front ...
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Steam Locomotive
A steam locomotive is a locomotive that provides the force to move itself and other vehicles by means of the expansion of steam. It is fuelled by burning combustible material (usually coal, Fuel oil, oil or, rarely, Wood fuel, wood) to heat water in the locomotive's Boiler (power generation), boiler to the point where it becomes gaseous and its volume increases 1,700 times. Functionally, it is a steam engine on wheels. In most locomotives, the steam is admitted alternately to each end of its Steam locomotive components, cylinders in which pistons are mechanically connected to the locomotive's main wheels. Fuel and water supplies are usually carried with the locomotive, either on the locomotive itself or in a Tender (rail), tender coupled to it. #Variations, Variations in this general design include electrically powered boilers, turbines in place of pistons, and using steam generated externally. Steam locomotives were first developed in the United Kingdom of Great Britain an ...
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United States
The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 contiguous states border Canada to the north and Mexico to the south, with the semi-exclave of Alaska in the northwest and the archipelago of Hawaii in the Pacific Ocean. The United States asserts sovereignty over five Territories of the United States, major island territories and United States Minor Outlying Islands, various uninhabited islands in Oceania and the Caribbean. It is a megadiverse country, with the world's List of countries and dependencies by area, third-largest land area and List of countries and dependencies by population, third-largest population, exceeding 340 million. Its three Metropolitan statistical areas by population, largest metropolitan areas are New York metropolitan area, New York, Greater Los Angeles, Los Angel ...
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Stock
Stocks (also capital stock, or sometimes interchangeably, shares) consist of all the Share (finance), shares by which ownership of a corporation or company is divided. A single share of the stock means fractional ownership of the corporation in proportion to the total number of shares. This typically entitles the shareholder (stockholder) to that fraction of the company's earnings, proceeds from liquidation of assets (after discharge of all Seniority (financial), senior claims such as secured and unsecured debt), or Voting interest, voting power, often dividing these up in proportion to the number of like shares each stockholder owns. Not all stock is necessarily equal, as certain classes of stock may be issued, for example, without voting rights, with enhanced voting rights, or with a certain priority to receive profits or liquidation proceeds before or after other classes of Shareholder, shareholders. Stock can be bought and sold over-the-counter (finance), privately or on ...
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