New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1871-05-13
MISCELLANEOUS.
or THH
TRIPLER TIE AND WOOD PRESERVING COMPANY
Office No. I62 Common Street.

The Tripier Tie and Wood Preserving Company
has been duly organized under the State law for
the purpose of purchasing and working two valu-
able patents issued to Mr.. A. B. Tripler in 1870.
One being for new mode of preserving wood from
decay applicable to crosstes for railroads. bridge
timber, and all lumber exposed to atmospheric in
huences: and the other for a and improved
form of railroad s-tes by which it is believed
a superior tie can be furnished at about the first
cost of the tie now in use.
For cross-ties to which for the present the aten-
ton of the company will be Iaainly directed the
patents cover two forms: first, solid tie, eh is
thoroughly nnpregnated with, the antiseptfc com
pound aud then coated with yulcanized prepare
ton; second. the sectional tie composed of three
or more pieces, each thoroughly seasoned. Each
piece is nl,regnaied with the altiseptic, then
cred with the vulcanized preparation, and while
hot put together and vel fastened, making the tie
stronger than if solid and from all present expert
ence il is believed practically ndestruetible.
The purchase of these patents has been effected
ceiving portion of the capital stock of the COM
pany in full payment and compensation for the as
sgnnynt of the patents for the whole United
States. Already negotiations have been initiated
by more than one of the leading railroad companies
of the North for the purchase of the right to use
the two patents on their lines, and orders for the
patent crossties in this city for more than
an ordinary mip could furnish in year.
The company desiring that the manufacture
should be carefully conducted under tle immedi-
ate supervision of the patentee, are about to pur-
chase on lease conveniently situated mill, and
put up the requisite tanks and machinery before
undertaking any contracts or parting with any por-
ton of their rights.
To meet the expense attending this they nave
decided on opening books of subscription to the
capital stock of the company to the extent of one
hundred thousand dollars, in shares of one hun
dred liars each, ten cent payable at the date
of subscription, and the balance cat call of the
Board of Directors, in installments of not more
than ten per cent, at intervals of not less than
thirty days.
Should it be deemed desirable to retain
the exclusive manufacture of the ties
in the hands of the company, the capt.
tai stock may be increased to three hum
bred thousand dollars. The original subscribers
stock before it is again offered to the public
All stockholders are on an equal cash basis
none of the stock having been given away or
parted with, except the amount paid to the
patentee, who receives one-third of the capital
stock as the price of the patents.
Taking INTO consideration the number of miles
of railroad in the United States and the number in
progress, and that the ties in require renewal
every five or six years, an estimate can be made of
the probable demand for the ties this company
proposes to furnish; for we have every reason to
believe from the experience of European roads, IF
the durability of ties treated in similar but no t
IN so effective manner) that under our patents
ties will last from twenty to twenty-five years.
Books of subscription will be found at the office
of Messrs Wingfeld l. Bridges. 162 Common near
Carondeet street, and with either of the following
named directors:
W. Alexander Gordon.
E. Newman, firm f. Newman i Co.
P. s. Wilt, firm Wiltz 4 Co.,
J. J. Warren, firm Warren, Crawford & Co.
George A. Fosdick, firm George A. Fosdiek l. Co.
S. H. Ably, firm s. II. Ably & Co.
Benjamin Newgass, firm lehman. Newsass Co.
T. 3. WILLIAMS,
(Late General Superintendent New Orleans jack
and Great Northern Railroad) President.
l.. B. CAIN
(Firm John Marks & Col treasurer
myll we&su