. Electric railway journal . RURBAN TERMINAL BUILDINGTAKEN FROM POSITION C ON TRACK LAYOUT terminal property is a tract 82 ft. x 151 ft. on whichstorage tracks are to be laid to accommodate abouteighteen additional cars. All of the special work is of127-lb. Lorain Steel Company section No. 397 connecting rails in the streets are 103-lb. LorainSteel Company section No. 478, while the tracks on theterminal property and the storage tracks are of rail. On the southwest corner of the terminal property atwo-story brick and concrete trainmens house has beenerected. On the firs
. Electric railway journal . RURBAN TERMINAL BUILDINGTAKEN FROM POSITION C ON TRACK LAYOUT terminal property is a tract 82 ft. x 151 ft. on whichstorage tracks are to be laid to accommodate abouteighteen additional cars. All of the special work is of127-lb. Lorain Steel Company section No. 397 connecting rails in the streets are 103-lb. LorainSteel Company section No. 478, while the tracks on theterminal property and the storage tracks are of rail. On the southwest corner of the terminal property atwo-story brick and concrete trainmens house has beenerected. On the first floor of the building supplies forthe car cleaners and repair men are kept. The upperfloor is used for trainmens quarters, and is providedwith shower baths, lockers and game tables. Beginning on Oct. 2, Dr. Samuel Sheldon will give,on Monday evenings, a series of thirty lectures andrecitations on electric traction and transmission at theBrooklyn (N. Y.) Polytechnic Institute in connectionwith the evening technical 528 ELECTRIC RAILWAY JOURNAL [Vol. XLVIII, No. 13 How to Use Sinking Funds Sinking Funds Not Set Aside So Much Now, But Under Existing Mortgages Providing forThem Perplexing Problems Arise—Author Describes Proper Accounting Treatment By W. H. FORSE, JR., C. P. Union Traction Company of Indiana, Anderson, Ind. THE sinking fund requirement is a common-sensesafeguard which is to be expected in cases wherethe security behind the mortgage is a diminishing quan-tity or one subject to violent fluctuation. For example,a bond issue put out by a manufacturing corporationmay contain a sinking fund provision because of themore or less unstable character of the business. Theprocess may be one which is subject to the white heatof competition, such as is found in the rapidly changingautomobile industry, or it may be an undertaking thatis liable to be revolutionized in a day by new scientificdiscoveries, inventions or tariff changes. In all of thes
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