San Francisco's Golden Gate Bridge Bond - 1935 California

Beautifully engraved cancelled Certificate from the Golden Gate Bridge and Highway District of California issued in 1935. This historic document was printed by the A. Carlisle Company and has an ornate border around it with a vignette of the Golden Gate Bridge. This item is hand signed by members of the Board of Directors and is over 71 years old.




Certificate Vignette

The Golden Gate Bridge is a suspension bridge spanning the Golden Gate, the opening into the San Francisco Bay from the Pacific Ocean. It connects the city of San Francisco on the northern tip of the San Francisco Peninsula and a portion of the south-facing Marin County headlands near the small bayside town of Sausalito, and is located at 37��49��12��N, 122��28��43��W. The entire bridge (including the approach) spans 1.7 miles (2.7 km) long; the distance between the towers ("main span") is 4,200 feet (1,280 m), and the clearance below the bridge is 220 ft (67 m) at mean high water. The two towers rise 746 feet (230 m) above the water. The diameter of the main suspension cables is 36 inches (0.91 m).

The Golden Gate Bridge was the largest suspension bridge in the world when it was built in 1937 and has become an internationally recognized symbol of San Francisco.

History The bridge was the brainchild of Joseph Strauss, an engineer responsible for over 400 drawbridges, though they were far smaller than this project and mostly inland. Strauss spent over a decade drumming up support in Northern California. Strauss's initial design[3] comprised a massive cantilever on each side connected with a central suspension segment. Other key figures in the bridge's construction include architect Irving Morrow, responsible for the Art Deco touches and the choice of color, and engineer Charles Alton Ellis and bridge designer Leon Moisseiff, who collaborated on the complicated mathematics involved.

The Golden Gate Bridge and Highway District was incorporated in 1928 as the official entity to design, construct, and finance the Golden Gate Bridge. The District includes not only the City & County of San Francisco, and Marin County, in whose boundaries the bridge sits, but also Napa, Sonoma, Mendocino and Del Norte counties. Representatives from each of the six counties sit on the District's Board of Directors. Voters within the District approved funding for the project in 1930 through a special bond issue that put their homes, farms and business properties up as collateral. This bond issue raised the initial $35 million to finance the building of the Bridge. Construction began on January 5, 1933. The last of the construction bonds were retired in 1971, with $35 million in principal and nearly $39 million in interest being financed entirely from tolls. Strauss, a graduate of the University of Cincinnati, placed a brick from his alma mater's demolished McMicken Hall in the south anchorage before the concrete was poured. The bridge was completed in April 1937 and opened to pedestrians on May 27 of that year. The next day, President Roosevelt pushed a button in Washington, DC signaling the start of vehicle traffic over the Bridge. A unique aspect of the bridge's construction was the safety net set up beneath it, significantly reducing the expected number of deaths for such a project. 11 men were killed from falls during construction, and approximately 19 men were saved by the safety net. 10 of the deaths occurred near completion, when the net itself failed under the stress of a scaffold fall. The 19 workers whose lives were saved by the safety nets became proud members of the (informal) Halfway to Hell Club.

The center span was the longest among suspension bridges until 1964 when the Verrazano Narrows Bridge was erected between the boroughs of Staten Island and Brooklyn in New York City. The Golden Gate Bridge also had the world's tallest suspension towers at the time of construction, and retained that record until more recently. In 1957, Michigan's Mackinac Bridge surpassed the Golden Gate Bridge's length between anchorages to become the world's longest suspension bridge in total length. The longest center suspension span in the world is currently the Akashi-Kaikyo Bridge in Japan.

As the only road to exit San Francisco to the north, the bridge is part of both U.S. Route 101 and California State Route 1. The bridge has six total lanes of vehicle traffic, and walkways on both sides of the bridge. The median markers between the lanes are moved to conform to traffic patterns. On weekday mornings, traffic flows mostly southbound into the city, so four of the six lanes run southbound. Conversely, on weekday afternoons, three lanes run northbound. While there has been discussion concerning the installation of a movable barrier since the 1980s, the Bridge Board of Directors, in March 2005, committed to finding funding to complete the $2 million study required prior to the installation of a moveable median barrier. The eastern walkway is for pedestrians and bicycles during the weekdays and during daylight hours only, and the western walkway is open to bicycles on weekends.

The speed limit on the Golden Gate Bridge was reduced from 55 mph (90 km/h) to 45 mph (70 km/h) on October 1, 1983. With no moveable median barrier yet, a head-on collision at 55 mph (90 km/h) would create almost 1.5 times the force than at 45 mph (70 km/h).

On September 1, 2002, the toll for Southbound motor vehicles was raised from US$3.00 to $5.00. Northbound motor vehicle traffic, cycling, and pedestrian traffic remain toll free.

History from Wikipedia and OldCompany.com