, 1875-08-10

Sf|c1Ht jfshdtEA 70 Jhk ffT1E1 iffoHHF.
DAAyiLtE, H.. Aug. D-An application that 4
Neceisor be appoiatod for tho larts l. Danyl'le
lsai'rosd WAS su-dAy il1cd in tho yermillion Coun-
~ Circuit Court, IiiH Honor Judge o. L. Daris
presiding, by Hiram SandfoEl, J. G. Short. ct al.
Tie bill set ui. among othor lengthy and tedious
allegations, that since July !, 1873. the road has
dc:aulted tho interest due On It's bonds; tls&
Tho road became, aud IL, wholly lusolvent, and
Unable 10 pay Its interest on tho bonded indebt-
cdntsa; that tho Htock has declined iu
fnIuo till Tho saMe is substantially
wofthlcfs. and that Tue earnings Of
thu road havo not been Sufficient to pay tic run
hing expenses Of tho aatno uuder tho t,teBent
management The bill also contains The remark.
atle charge that tho New Yora Loan nlsd Truet
Company, who we're made Trls.oo on tho fret
mortgage. arc foreign corporation, and cannot
execute tha truAt by taking charge Of tho road
u care Of default Of payment Of tnta1est ~ re-
Iuttcd by tho tarms Of tho Iust-deed to do, aud
are without legal capsct7 to 1,orfosm any sct BY
virtue OF tho trusi-dced afore1aid. Tho bill
asks that Receiver ho appointed anu that
tue road and lts tEanchiscs may oe sod Oh
foreclosure.
Auothcr bill has been filed in the
aasne court BY part OF tho nombesa Of tho firm
Of Hirsm sanford L Company. against tho other
mcmleEs OF The samo flrzu aud tue Paris d. Dan
yllo Road, asking for Receiver to tuka charge
Of the pMtuerhhip and individual effects Of lilo
above iirn. 1t will be boruo in mind that J. c.
Ii
Sanford 4 Co.. and are oflice1s in and
chief Stockholders Of tho :. Paris &
nan7i]le lsallroad Company; H. sandforl
Il Co., Icing :tle Construction. Company under
villa 1!ailroad Company for Its building aud
equipment 4 number of guite havo been
brought against the Paris snd tho Paris d uan-
ylllc Railroad Conpauses respectively. A num-
beF more Are thrtzseued, As tho complefna ants in
Tho atovo bill Fay. Houce thoir precipi.ato anx-
iaty for RHcQiYQF,
STEEL RAILS.
During tho present year tho penusvlyRnfa
Raroal'Cumpauy has purchased md laid down.
On its various dvsiona. over 70, 300 tons OF steel
rails. Tho main track between Pittsbu.g and
Philadelphia, Is now laid entirely with stee, md
tho Now York division will have DO iron rnils by
next april Tha company first commenced lay
ing those rails In 1850. aud every Year's expo
sience demonstrates their economy. TLo iun-
mcnse trRtllc wtlch now comes over this foad
makes sls lfc Of an iron-rAi1 short ono, andtiu
oe1tain iocalitea 1t would be worthless In Less
than Elk mouths.
Experience has Ehowu that modification Of
tho usual form Of tho T rail would make It moro
sotvtcoAbla, aud within the past yesr all the
rails rolled for tho Company havo been rolled
with widor lanEcs aud tIioker bead. without IN
creaaing the standard Weight OF tho rail, CT
pounds to the yard, tho material being tAkon
from tho shank or upright sect,oa. The form
Of the ahapk has beeu changed, the eoctiou rep-
iesenting tho fsnatrum Of : coue, inataad OF be-
ing clllpucal. This IL the form the hoad always
Assumes nfter use. tho fauges Of the xheols
wearing or tho bulge Of tie ellipsscal head.
The flnnge has boon w,dcned. which will proycnt
tho Iail, to some extent from cutting into the
tltH Rhlch aui1er nora from thls than from do
cay.
The prcsoih amount Of trafIio orc1 the road
would make 1t almost iulPsacticable To reucn the
track with ison rails ~ otton III they would wear
out, as from the great lumber Of srAtus thoro
stool rails purchased Will lay 207 miica OF Hiuslo
track md it IL the intention to renew all tho
main track WITH tteol. This aidings will BE- of
iron. Tho Grst cost of Btee Is compared with
Iron. Ia now about 80 per cent creator.