. The street railway review . tal in building the system and supplied mostof the money. First mortgage bonds to the extent of $100,-000 were due June i and $73,000 in second mortgage bondsin July. An agreement was made with the bondholders foran extension for six months without any further action, andlater thev were notified that arrangements has been madewith eastern capitalists to supply the money when the bondscame due in December. After this agreement the foreclo-sure suit, filed September i, was unexpected by the Patter-sons. It is thought that the bonds can be paid off whenthe fall term
. The street railway review . tal in building the system and supplied mostof the money. First mortgage bonds to the extent of $100,-000 were due June i and $73,000 in second mortgage bondsin July. An agreement was made with the bondholders foran extension for six months without any further action, andlater thev were notified that arrangements has been madewith eastern capitalists to supply the money when the bondscame due in December. After this agreement the foreclo-sure suit, filed September i, was unexpected by the Patter-sons. It is thought that the bonds can be paid off whenthe fall term of court opens. No delay in traffic andimprovements going on will be occasioned by the prospectof the suit. , A steam header in the power house of the Louisville(Ky.) Railway Company exploded on August 10, doingdamage to the amount of $200. No one was injured. ^Md%ib^\4n^vlcW* 631 CAHALL BABCOCK-WILCOX BOILERSCHOSEN. The Cahall Bahcock-Wilcox boilers, made by the Ault-man & Tavlor Co., arc crowding their namesakes in many. f^ iF i;ai;( i.\ plac-es. A recent instance ma) be cited in the case of tlieStaten Island Electric Company, which had been usingHabcock & Wilcox boilers and did not wish to change thetype, but was not averse to getting what it considered equally as good for less money. In the recent installationthe Cahall was installed to the extent of 2,500 h. Union Traction Company, Philadelphia, which has23,000 h. p. of Habcock & Wilcox has just ordered 500-h. p. of the improved Cahall boilers. Some peo-ple even go farther and insist that the Cahalls are evensuperior to the B. & of the same type, as evidencedby the following letter written to the manager of one ofthe largest roads in the country, in response to an inquiry asto what had been the experience of the writer in using thisboiler. The Pittsburg Wire Company wrote as follows: During the past five years we have put in at our works, 2,500 h. Babcock & Wilcox bo
Size: 1925px × 1297px
Photo credit: © Reading Room 2020 / Alamy / Afripics
License: Licensed
Model Released: No
Keywords: ., book, bookcentury1800, bookdecade1890, booksubjectstreetrailroads
