A municipal bond known as a Muni Bond, is a bond issued by a local government or territory, or one of their agencies. It is used to finance public projects such as roads, schools and seaports, infrastructure-related repairs; the term municipal bond is used in the United States, which has the largest market of such trade-able securities in the world. As of 2011, the municipal bond market was valued at $3.7 trillion. Potential issuers of municipal bonds include states, counties, redevelopment agencies, special-purpose districts, school districts, public utility districts, publicly owned airports and seaports, other governmental entities at or below the state level having more than a de minimis amount of one of the three sovereign powers: the power of taxation, the power of eminent domain or the police power. Municipal bonds secured by specified revenues. In the United States, interest income received by holders of municipal bonds is excludable from gross income for federal income tax purposes under Section 103 of the Internal Revenue Code, may be exempt from state income tax as well, depending on the applicable state income tax laws.
The state and local exemption was the subject of recent litigation in Department of Revenue of Kentucky v. Davis, 553 U. S. 328. Unlike new issue stocks that are brought to market with price restrictions until the deal is sold, most municipal bonds are free to trade at any time once they are purchased by the investor. Professional traders trade and re-trade the same bonds several times a week. A feature of this market is a larger proportion of smaller retail investors compared to other sectors of the U. S. securities markets. Some municipal bonds with higher risk credits, are issued subject to transfer restrictions. Outside the United States, many other countries in the world issue similar bonds, sometimes called local authority bonds or other names; the key defining feature of such bonds is that they are issued by a public-use entity at a lower level of government than the sovereign. Such bonds follow similar market patterns as U. S. bonds. That said, the U. S. municipal bond market is unique for its size, liquidity and tax structure and bankruptcy protection afforded by the U.
S. Constitution. Municipal debt predates corporate debt by several centuries—the early Renaissance Italian city-states borrowed money from major banking families. Borrowing by American cities dates to the nineteenth century, records of U. S. municipal bonds indicate use around the early 1800s. The first recorded municipal bond was a general obligation bond issued by the City of New York for a canal in 1812. During the 1840s, many U. S. cities were in debt, by 1843 cities had $25 million in outstanding debt. In the ensuing decades, rapid urban development demonstrated a correspondingly explosive growth in municipal debt; the debt was used to finance a growing system of free public education. Years after the Civil War, significant local debt was issued to build railroads. Railroads were private corporations and these bonds were similar to today's industrial revenue bonds. Construction costs in 1873 for one of the largest transcontinental railroads, the Northern Pacific, closed down access to new capital.
Around the same time, the largest bank of the country of the time, owned by the same investor as that of Northern Pacific, collapsed. Smaller firms followed suit as well as the stock market; the 1873 panic and years of depression that followed put an abrupt but temporary halt to the rapid growth of municipal debt. Responding to widespread defaults that jolted the municipal bond market of the day, new state statutes were passed that restricted the issuance of local debt. Several states wrote these restrictions into their constitutions. Railroad bonds and their legality were challenged, this gave rise to the market-wide demand that an opinion of qualified bond counsel accompany each new issue; when the U. S. economy began to move forward once again, municipal debt continued its momentum, maintained well into the early part of the twentieth century. The Great Depression of the 1930s halted growth, although defaults were not as severe as in the 1870s. Leading up to World War II, many American resources were devoted to the military, prewar municipal debt burst into a new period of rapid growth for an ever-increasing variety of uses.
Today, in addition to the 50 states and their local governments, the District of Columbia and U. S. territories and possessions do issue municipal bonds. Another important category of municipal bond issuers which includes authorities and special districts has grown in number and variety in recent years; the two most prominent early authorities were the Port of New York Authority, formed in 1921 and renamed Port Authority of New York and New Jersey in 1972, the Triborough Bridge Authority, formed in 1933. The debt issues of these two authorities are exempt from federal and local governments taxes. Municipal bonds provide tax exemption from federal taxes and many state and local taxes, depending on the laws of each state. Municipal securities consist of long-term issues. Short-term notes are used by an issuer to raise money for a variety of reasons: in anticipation of future revenues such as tax
Andrew Carnegie was a Scottish-American industrialist, business magnate, philanthropist. Carnegie led the expansion of the American steel industry in the late 19th century and is identified as one of the richest people in history, he became a leading philanthropist in the British Empire. During the last 18 years of his life, he gave away about $350 million to charities and universities – 90 percent of his fortune, his 1889 article proclaiming "The Gospel of Wealth" called on the rich to use their wealth to improve society, stimulated a wave of philanthropy. Carnegie was born in Dunfermline and immigrated to the United States with his parents in 1848. Carnegie started work as a telegrapher, by the 1860s had investments in railroads, railroad sleeping cars and oil derricks, he accumulated further wealth as a bond salesman. He built Pittsburgh's Carnegie Steel Company, which he sold to J. P. Morgan in 1901 for $303,450,000, it became the U. S. Steel Corporation. After selling Carnegie Steel, he surpassed John D. Rockefeller as the richest American for the next couple of years.
Carnegie devoted the remainder of his life to large-scale philanthropy, with special emphasis on local libraries, world peace and scientific research. With the fortune he made from business, he built Carnegie Hall in New York, NY, the Peace Palace and founded the Carnegie Corporation of New York, Carnegie Endowment for International Peace, Carnegie Institution for Science, Carnegie Trust for the Universities of Scotland, Carnegie Hero Fund, Carnegie Mellon University, the Carnegie Museums of Pittsburgh, among others. Andrew Carnegie was born to Margaret Morrison Carnegie and William Carnegie in Dunfermline, Scotland in 1835, in a typical weaver's cottage with only one main room, consisting of half the ground floor, shared with the neighboring weaver's family; the main room served as a living room, dining bedroom. He was named after his legal grandfather. In 1836, the family moved to a larger house in Edgar Street, following the demand for more heavy damask, from which his father benefited, he was educated at the Free School in Dunfermline, a gift to the town by the philanthropist Adam Rolland of Gask.
Carnegie's uncle, George Lauder, Sr. a Scottish political leader influenced him as a boy by introducing him to the writings of Robert Burns and historical Scottish heroes such as Robert the Bruce, William Wallace, Rob Roy. Lauder's son named George Lauder, grew up with Carnegie and would become his business partner; when Carnegie was thirteen, his father had fallen on hard times as a handloom weaver. His mother helped support the family by assisting her brother, by selling potted meats at her "sweetie shop", leaving her as the primary breadwinner. Struggling to make ends meet, the Carnegies decided to borrow money from George Lauder, Sr. and move to Allegheny, Pennsylvania, in the United States in 1848 for the prospect of a better life. Carnegie's migration to America would be his second journey outside Dunfermline – the first being an outing to Edinburgh to see Queen Victoria. In September 1848, Carnegie arrived with his family at their new prosperous home. Allegheny was populating in the 1840s, growing from around 10,000 to 21,262 residents.
The city was industrial and produced many products including wool and cotton cloth. The "Made in Allegheny" label used on these and other diversified products was becoming more and more popular. For his father, the promising circumstances still did not provide him any good fortune. Dealers were not interested in selling his product, he himself struggled to sell it on his own; the father and son both received job offers at the same Scottish-owned cotton mill, Anchor Cotton Mills. Carnegie's first job in 1848 was as a bobbin boy, changing spools of thread in a cotton mill 12 hours a day, 6 days a week in a Pittsburgh cotton factory, his starting wage was $1.20 per week. His father quit his position at the cotton mill soon after, returning to his loom and removing him as breadwinner once again, but Carnegie attracted the attention of John Hay, a Scottish manufacturer of bobbins, who offered him a job for $2.00 per week. In his autobiography, Carnegie speaks of his past hardships. Soon after this Mr. John Hay, a fellow Scotch manufacturer of bobbins in Allegheny City, needed a boy, asked whether I would not go into his service.
I went, received two dollars per week. I had to fire the boiler in the cellar of the bobbin factory, it was too much for me. I found myself night after night, sitting up in bed trying the steam gauges, fearing at one time that the steam was too low and that the workers above would complain that they had not power enough, at another time that the steam was too high and that the boiler might burst. In 1849, Carnegie became a telegraph messenger boy in the Pittsburgh Office of the Ohio Telegraph Company, at $2.50 per week following the recommendation of his uncle. He was a hard worker and would memorize all of the locations of Pittsburgh's businesses and the faces of important men, he made many connections this way. He paid close attention to his work, learned to distinguish the differing sounds the incoming telegraph signals produced, he developed the ability to translate signals by ear, withou
As a physical object, a book is a stack of rectangular pages oriented with one edge tied, sewn, or otherwise fixed together and bound to the flexible spine of a protective cover of heavier inflexible material. The technical term for this physical arrangement is codex. In the history of hand-held physical supports for extended written compositions or records, the codex replaces its immediate predecessor, the scroll. A single sheet in a codex is a leaf, each side of a leaf is a page; as an intellectual object, a book is prototypically a composition of such great length that it takes a considerable investment of time to compose and a still considerable, though not so extensive, investment of time to read. This sense of book has an unrestricted sense. In the restricted sense, a book is a self-sufficient section or part of a longer composition, a usage that reflects the fact that, in antiquity, long works had to be written on several scrolls, each scroll had to be identified by the book it contained.
So, for instance, each part of Aristotle's Physics is called a book, as of course the Bible encompasses many different books. In the unrestricted sense, a book is the compositional whole of which such sections, whether called books or chapters or parts, are parts; the intellectual content in a physical book need not be a composition, nor be called a book. Books can consist only of drawings, engravings, or photographs, or such things as crossword puzzles or cut-out dolls. In a physical book the pages can be left blank or can feature an abstract set of lines as support for on-going entries, i.e. an account book, an appointment book, a log book, an autograph book, a notebook, a diary or day book, or a sketch book. Some physical books are made with pages thick and sturdy enough to support other physical objects, like a scrapbook or photograph album. Books may be distributed in electronic form as other formats. Although in ordinary academic parlance a monograph is understood to be a specialist academic work, rather than a reference work on a single scholarly subject, in library and information science monograph denotes more broadly any non-serial publication complete in one volume or a finite number of volumes, in contrast to serial publications like a magazine, journal, or newspaper.
An avid reader or collector of books or a book lover is a bibliophile or colloquially, "bookworm". A shop where books are bought and sold is a bookstore. Books are sold elsewhere. Books can be borrowed from libraries. Google has estimated that as of 2010 130,000,000 distinct titles had been published. In some wealthier nations, the sale of printed books has decreased because of the use of e-books, though sales of e-books declined in the first half of 2015; the word book comes from Old English "bōc", which in turn comes from the Germanic root "*bōk-", cognate to "beech". In Slavic languages "буква" is cognate with "beech". In Russian and in Serbian and Macedonian, the word "букварь" or "буквар" refers to a primary school textbook that helps young children master the techniques of reading and writing, it is thus conjectured. The Latin word codex, meaning a book in the modern sense meant "block of wood"; when writing systems were created in ancient civilizations, a variety of objects, such as stone, tree bark, metal sheets, bones, were used for writing.
A tablet is a physically robust writing medium, suitable for casual transport and writing. Clay tablets were flattened and dry pieces of clay that could be carried, impressed with a stylus, they were used as a writing medium for writing in cuneiform, throughout the Bronze Age and well into the Iron Age. Wax tablets were pieces of wood covered in a thick enough coating of wax to record the impressions of a stylus, they were the normal writing material in schools, in accounting, for taking notes. They had the advantage of being reusable: the wax could be melted, reformed into a blank; the custom of binding several wax tablets together is a possible precursor of modern bound books. The etymology of the word codex suggests that it may have developed from wooden wax tablets. Scrolls can be made from papyrus, a thick paper-like material made by weaving the stems of the papyrus plant pounding the woven sheet with a hammer-like tool until it is flattened. Papyrus was used for writing in Ancient Egypt as early as the First Dynasty, although the first evidence is from the account books of King Nefertiti Kakai of the Fifth Dynasty.
Papyrus sheets were glued together to form a scroll. Tree bark such as lime and other materials were used. According to Herodotus, the Phoenicians brought writing and papyrus to Greece around the 10th or 9th century BC; the Greek word for papyrus as writing material and book come from the Phoenician port town Byblos, through which papyrus was exported to Greece. From Greek we derive the word tome, which meant a slice or piece and from there began to denote "a roll of papyrus". Tomus was used by the Latins with the same meaning as volumen. Whether made from papyrus, parchment, or paper, scrolls were the dominant form of book in the Hellenistic, Chinese and Macedonian culture
Microsoft Corporation is an American multinational technology company with headquarters in Redmond, Washington. It develops, licenses and sells computer software, consumer electronics, personal computers, related services, its best known software products are the Microsoft Windows line of operating systems, the Microsoft Office suite, the Internet Explorer and Edge web browsers. Its flagship hardware products are the Xbox video game consoles and the Microsoft Surface lineup of touchscreen personal computers; as of 2016, it is the world's largest software maker by revenue, one of the world's most valuable companies. The word "Microsoft" is a portmanteau of "microcomputer" and "software". Microsoft is ranked No. 30 in the 2018 Fortune 500 rankings of the largest United States corporations by total revenue. Microsoft was founded by Bill Gates and Paul Allen on April 4, 1975, to develop and sell BASIC interpreters for the Altair 8800, it rose to dominate the personal computer operating system market with MS-DOS in the mid-1980s, followed by Microsoft Windows.
The company's 1986 initial public offering, subsequent rise in its share price, created three billionaires and an estimated 12,000 millionaires among Microsoft employees. Since the 1990s, it has diversified from the operating system market and has made a number of corporate acquisitions, their largest being the acquisition of LinkedIn for $26.2 billion in December 2016, followed by their acquisition of Skype Technologies for $8.5 billion in May 2011. As of 2015, Microsoft is market-dominant in the IBM PC-compatible operating system market and the office software suite market, although it has lost the majority of the overall operating system market to Android; the company produces a wide range of other consumer and enterprise software for desktops and servers, including Internet search, the digital services market, mixed reality, cloud computing and software development. Steve Ballmer replaced Gates as CEO in 2000, envisioned a "devices and services" strategy; this began with the acquisition of Danger Inc. in 2008, entering the personal computer production market for the first time in June 2012 with the launch of the Microsoft Surface line of tablet computers.
Since Satya Nadella took over as CEO in 2014, the company has scaled back on hardware and has instead focused on cloud computing, a move that helped the company's shares reach its highest value since December 1999. In 2018, Microsoft surpassed Apple as the most valuable publicly traded company in the world after being dethroned by the tech giant in 2010. Childhood friends Bill Gates and Paul Allen sought to make a business utilizing their shared skills in computer programming. In 1972 they founded their first company, named Traf-O-Data, which sold a rudimentary computer to track and analyze automobile traffic data. While Gates enrolled at Harvard, Allen pursued a degree in computer science at Washington State University, though he dropped out of school to work at Honeywell; the January 1975 issue of Popular Electronics featured Micro Instrumentation and Telemetry Systems's Altair 8800 microcomputer, which inspired Allen to suggest that they could program a BASIC interpreter for the device. After a call from Gates claiming to have a working interpreter, MITS requested a demonstration.
Since they didn't yet have one, Allen worked on a simulator for the Altair while Gates developed the interpreter. Although they developed the interpreter on a simulator and not the actual device, it worked flawlessly when they demonstrated the interpreter to MITS in Albuquerque, New Mexico. MITS agreed to distribute it, marketing it as Altair BASIC. Gates and Allen established Microsoft on April 4, 1975, with Gates as the CEO; the original name of "Micro-Soft" was suggested by Allen. In August 1977 the company formed an agreement with ASCII Magazine in Japan, resulting in its first international office, "ASCII Microsoft". Microsoft moved to a new home in Bellevue, Washington in January 1979. Microsoft entered the operating system business in 1980 with its own version of Unix, called Xenix. However, it was MS-DOS. After negotiations with Digital Research failed, IBM awarded a contract to Microsoft in November 1980 to provide a version of the CP/M OS, set to be used in the upcoming IBM Personal Computer.
For this deal, Microsoft purchased a CP/M clone called 86-DOS from Seattle Computer Products, which it branded as MS-DOS, though IBM rebranded it to PC DOS. Following the release of the IBM PC in August 1981, Microsoft retained ownership of MS-DOS. Since IBM had copyrighted the IBM PC BIOS, other companies had to reverse engineer it in order for non-IBM hardware to run as IBM PC compatibles, but no such restriction applied to the operating systems. Due to various factors, such as MS-DOS's available software selection, Microsoft became the leading PC operating systems vendor; the company expanded into new markets with the release of the Microsoft Mouse in 1983, as well as with a publishing division named Microsoft Press. Paul Allen resigned from Microsoft in 1983 after developing Hodgkin's disease. Allen claimed that Gates wanted to dilute his share in the company when he was diagnosed with Hodgkin's disease because he didn't think he was working hard enough. After leaving Microsoft, Allen lost billions of dollars on ill-conceived or mistimed technology investments.
He invested in low-tech sectors, sports teams, commercial real estate. Despite having begun jointly developing a new operating system, OS/2, with IBM in
The reference desk or information desk of a library is a public service counter where professional librarians provide library users with direction to library materials, advice on library collections and services, expertise on multiple kinds of information from multiple sources. Library users can consult the staff at the reference desk for help in finding information. Using a structured reference interview, the librarian works with the library user to clarify their needs and determine what information sources will fill them. To borrow a medical analogy, reference librarians treat information deficiencies; the ultimate help provided may consist of reading material in the form of a book or journal article, instruction in the use of specific searchable information resources such as the library's online catalog or subscription bibliographic/fulltext databases, or factual information drawn from the library's print or online reference collection. Information is provided to patrons through electronic resources.
A reference desk can be consulted either in person, by telephone, through email or online chat, although a library user may be asked to come to the library in person for help with more involved research questions. A staffed and knowledgeable reference desk is an essential part of a library; the services that are provided at a reference desk may vary depending on the type of library, its purpose, its resources, its staff. Reference services did not become commonplace in libraries until the late 1800s; these services began in public libraries. At first librarians were hesitant to offer reference services because many libraries did not have a large enough staff to provide the services without other duties being neglected. Beginning in 1883 with the Boston Public Library, libraries began to hire librarians whose primary duty was to provide reference services. One of the earliest proponents of references services was Samuel Swett Green, he wrote an article titled "Personal Relations Between Librarians and Readers" which had a large impact on the future of reference services.
Then, it operated to incorporate... making the following variables relevant in offering reference services: the user's query. Until hitherto the communication between the reference librarian and the user are through direct contact. Hence, defined reference services as a direct personal assistance to readers seeking information; that is during the traditional era. Towards the decades of 19th century, however and information services witnessed an insidious yet drastic paradigm-shift following the incorporation of information communication technology in reference services, thus leading to an new era, otherwise known as digital era with different information technologies coming in to aid the work of a reference librarian. Resources that are kept at a library reference desk may include: A computer with internet access. Librarians use both the public web and subscription databases to find and evaluate information and research sources. A small collection of reference books that are most used, so that the librarians can reach them especially when they are on the phone, so that the books will be returned in time for someone else to use the same day.
The library's full reference collection is nearby as well. Newspaper clipping files and other rare or restricted items that must be returned to the reference desk. Index cards with the answers to asked questions, and/or drawers with folders of pamphlets and photocopies of pages that, from previous experience, were difficult to find; these enable librarians to find such information without leaving the desk—even faster than they could look it up in a reference book or using the Internet. Books and other items that are being held for library users who asked the librarian by phone to set them aside for them to pick up the same day, or within the next few days. Books from the circulating collection that have been set aside for students working on a special assignment, are temporarily designated to be used only within the library until the project is due. Printed lists of items in the library that are not in the catalogue, such as newspapers, school yearbooks, old telephone directories, college course catalogues, local history sources.
Services that are available at a library reference desk include: A sign up sheet for reserving computers with Internet access, or word processing software. The ability to place the book'on hold', which prevents the person who has borrowed it from renewing it; the person who placed the ` hold' is notified. The ability to request interlibrary loan of books and other material from other branch libraries in the same library system, or from a cooperating library anywhere in the world; the opportunity to recommend that the library purchase something for its collection that it doesn't have, which may be needed or of interest to other library users. The librarian who staffs the reference desk can do the following by virtue of their professional training and experience: The librarian can look up a brief, factual answer to a specific question; the librarian can use the catalogue to find out whether the library owns an item with a particular title or author, or that contains a short story, song, or poem with a particular title, or to compile a list of books by a particular author or on a particular subject.
The librarian can te
An architect is a person who plans and reviews the construction of buildings. To practice architecture means to provide services in connection with the design of buildings and the space within the site surrounding the buildings that have human occupancy or use as their principal purpose. Etymologically, architect derives from the Latin architectus, which derives from the Greek, i.e. chief builder. Professionally, an architect's decisions affect public safety, thus an architect must undergo specialized training consisting of advanced education and a practicum for practical experience to earn a license to practice architecture. Practical and academic requirements for becoming an architect vary by jurisdiction. Throughout ancient and medieval history, most of the architectural design and construction was carried out by artisans—such as stone masons and carpenters, rising to the role of master builder; until modern times, there was no clear distinction between engineer. In Europe, the titles architect and engineer were geographical variations that referred to the same person used interchangeably.
It is suggested that various developments in technology and mathematics allowed the development of the professional'gentleman' architect, separate from the hands-on craftsman. Paper was not used in Europe for drawing until the 15th century but became available after 1500. Pencils were used more for drawing by 1600; the availability of both allowed pre-construction drawings to be made by professionals. Concurrently, the introduction of linear perspective and innovations such as the use of different projections to describe a three-dimensional building in two dimensions, together with an increased understanding of dimensional accuracy, helped building designers communicate their ideas. However, the development was gradual; until the 18th-century, buildings continued to be designed and set out by craftsmen with the exception of high-status projects. In most developed countries, only those qualified with an appropriate license, certification or registration with a relevant body may practice architecture.
Such licensure requires a university degree, successful completion of exams, as well as a training period. Representation of oneself as an architect through the use of terms and titles is restricted to licensed individuals by law, although in general, derivatives such as architectural designer are not protected. To practice architecture implies the ability to practice independently of supervision; the term building design professional, by contrast, is a much broader term that includes professionals who practice independently under an alternate profession, such as engineering professionals, or those who assist in the practice architecture under the supervision of a licensed architect such as intern architects. In many places, non-licensed individuals may perform design services outside the professional restrictions, such design houses and other smaller structures. In the architectural profession and environmental knowledge and construction management, an understanding of business are as important as design.
However, the design is the driving force throughout the project and beyond. An architect accepts a commission from a client; the commission might involve preparing feasibility reports, building audits, the design of a building or of several buildings and the spaces among them. The architect participates in developing the requirements. Throughout the project, the architect co-ordinates a design team. Structural and electrical engineers and other specialists, are hired by the client or the architect, who must ensure that the work is co-ordinated to construct the design; the architect, once hired by a client, is responsible for creating a design concept that both meets the requirements of that client and provides a facility suitable to the required use. The architect must meet with, question, the client in order to ascertain all the requirements of the planned project; the full brief is not clear at the beginning: entailing a degree of risk in the design undertaking. The architect may make early proposals to the client, which may rework the terms of the brief.
The "program" is essential to producing a project. This is a guide for the architect in creating the design concept. Design proposal are expected to be both imaginative and pragmatic. Depending on the place, finance and available crafts and technology in which the design takes place, the precise extent and nature of these expectations will vary. F oresight is a prerequisite as designing buildings is a complex and demanding undertaking. Any design concept must at a early stage in its generation take into account a great number of issues and variables which include qualities of space, the end-use and life-cycle of these proposed spaces, connections and aspects between spaces including how they are put together as well as the impact of proposals on the immediate and wider locality. Selection of appropriate materials and technology must be considered and reviewed at an early stage in the design to ensure there are no setbacks which may occur later; the site and its environs, as well as the culture and history of the place, will influence the design.
The design must countenance increasing concerns with environmental sustainability. The architect may introduce, to greater or lesser degrees, aspects of mathematics and a
Madison Street (Seattle)
Madison Street is a major thoroughfare of Seattle, Washington. The street originates at Alaskan Way on the Seattle waterfront, heads northeast through Downtown Seattle, First Hill, Capitol Hill, Madison Valley, Washington Park, Madison Park, ending just east of 43rd Avenue East on Lake Washington. From Broadway to Lake Washington, the street is known as East Madison Street, which accounts for most of its length, it is the only Seattle street that runs uninterrupted from the salt water of Puget Sound in the west to the fresh water of Lake Washington in the east. Many notable buildings are located along the street, including the Seattle Central Library and numerous hotels such as the Sorrento Hotel. For most of the run from Broadway to 12th Avenue, it forms the northern boundary of the Seattle University campus. A cable car line provided public transportation along all or part of Madison Street from 1890 to 1940, it was operated by the Madison Street Cable Railway company. The original powerhouse, which powered the cables running under the streets, was located between 21st and 22nd Avenues, the service was operated as two separate lines—west from the powerhouse to downtown and east from the powerhouse to Madison Park on Lake Washington and, the two lines served the entire length of Madison Street.
The western cable car line opened in spring 1890, in downtown it terminated at a turntable on West Street, near the ferry terminal on Puget Sound. The line east from 21st to "Lake Washington and Madison Park" terminus opened in June 1891. In 1910, the line east from 21st was closed. After the construction of a new powerhouse near 10th Avenue, the line from the downtown waterfront to 21st was cut back from the latter point to there in 1911, but the section between 10th and 14th was restored to operation in 1913; this left a 1.2-mile line between the downtown waterfront and 14th Avenue, which could not be converted to streetcars because it included some sections with grades too steep for streetcars. It ran for the last time on April 13, 1940. Electric streetcar service on East Madison Street ended on January 10, 1940, temporarily replaced by motor buses until April 30, 1940, when trolleybuses began operating on route 11; the Seattle trolleybus system has served Madison Street since 1940 with routes 11-East Madison St. and 13-19th Avenue.
King County Metro bus route 11 serves Madison Street east of 16th Avenue East, trolleybus route 12 serves Madison Street between downtown and 19th Avenue East. The Seattle Department of Transportation is studying the implementation of a bus rapid transit line along Madison Street between the waterfront and 27th Avenue, known as the RapidRide G Line. Google maps