New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1871-05-26
MISCELL ANEOUS.
OF rHB
TRIPLER TIE AND WOOD PRESERVING COMPANY
ONCE No, 1872 Common street.

The Tripler Tie and Wood Preserving Company
has been duly organized under the State law, for
able patents issued to Mr.. A. B. Trip1er, 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
fiuences; and the other for new and i'm proved
form of railroad ties, by which il is believed
a superior tie can be furnished at about the first
For crossties to which for the present the atten-
ton of the company will be mainly directed, the
patents cover two forms: first, solid tie which is
thoroughly impIegnated with. the antiseptic com.
pound and then coated with a vulcanized prepare
ton; second the sectional tie, composed of three
more pieces each thoroughly seasoned Each
piece is iinpregnated with the antisepte, then
cred with the vulcanized preparation, and while
hot put together and wei fastened, making the tie
stronger than if solid and from all present expert
ence it is believed practically indestructibe.
The purchase of these patents has been effected
on the most favorable terms, the patentee re-
ceiving portion of the capital stock of the COM
pany in full payment and compensation for the as
signment OF the patents for the whole United
States. Already negotiations have been initiated
by more than one f1he leading railroad companies
of the North for the purchase of the right to e
the two patents on their lines, and orders for the
patent crossties are in this city for than
an ordinary mill could furnis h in a year. i.
The company, desiring that the manufacture
should be carefully conducted under tle immedi-
ate supervision of the pateitee, are about to pur-
chase or lease conveniently situated MILL and
put up the requisite tanks and machinery before
undertaking any contracts or parting with any por
To meet the expense attending this they have
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
bred dollars each ten per cent payable at the date
of subscription, and the balance al call of the
Board of Directors in installments of not more
than ten per cent, at intervals of not less than
thirty days. Ir t.
the exclusive manufacture of the ties
in the hands of the company, the CAPT
tai stock may be increased to three hun
dred thousand dollars The original subscriber
will have the privilege of pro rata increasing theiI
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 OF
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 Uni ed States and the number in
progress, and that the ties in use 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, OF
the durability of ties treated in similar but
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, 1872 Common. neal
named directors: " tst fH.
w. Alexander Gordon. y ..
E. Newman, firm E. Newman Co. -.-
p. s. Wilt, firm Wiltz l. Co.,
]. J. Warren firm Warren Crawford & Co.
George A. Fosdick firm George A. Fosdick Co
g. Fl. Ably, firm 5. II. Ably l. Co.
Benjamin Newgass, firm Lehman, Newgass Co
q II y. WILLIAMS,
tLate General Superintendent New Orleans, Jack
son and Great Northern Railroadl President.
.llEGrt L. b. CAIN,
(Firm John Marks Co.. Treasurer.
myI1 we&su