User:Bhumstanford/General Motors streetcar conspiracy

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Beginning in the 1940s, NCL and PCL slowly took control of Los Angeles' two streetcar systems: Pacific Electric Railway (known as the "Red Cars") and Los Angeles Railway (known as the "Yellow Cars"). In 1940, PCL acquired Pacific Electric's operations in Glendale, Burbank, and Pasadena. Lines to San Bernardino were phased out in the 1941 and the Hollywood Subway, which ran lines from Burbank, Glendale, and the San Fernando Valley closed in 1955. In 1945, American City Lines acquired Los Angeles Railway at a price of about $13,000,000. Soon after, the company announced it would scrap all but three of the existing Yellow Car lines. In 1953, the remainder of Pacific Electric's network was sold to Metropolitan City Lines, a subsidiary of Pacific City Lines. Subsequently, the remaining assets of the original Pacific Electric system and the original Los Angeles Railway system were sold by Metropolitan City Lines and Los Angeles Transit Lines, respectively, to the newly formed Los Angeles Metropolitan Transit Authority. Under the new public authority, the final remaining streetcars in Los Angeles were phased out, with the final Red Car (Los Angeles to Long Beach Line) making its last service on April 9th, 1961 and the last Yellow Car (V Line) on March 31st, 1963.