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American Flyer?
Now there's a train?
Filing a Chapter 11 simply to protect your otherwise solvent company from having to file an appeal bond while pursuing an appeal from an adverse judgment will very likely be held to constitute an abuse of the bankruptcy system, which would result in the dismissal of Lionel's Chapter 11 filing and the assessment of terms against Lionel and its attorneys. Publicly admitting that that is exactly what you are doing is incredibly stupid.
I sure would like to be representing MTH right now.
But they don't de-rail so easy.
Just curious, how old are you?
> Who ever heard of a three track train?
Not only are 3-rail electric systems still in common use
(such as many subways, usually using outside 3rd-rail),
3-rail electrified systems using a center 3rd/hot rail
are "prototypical" (as the rail modelling community puts it).
For example, from 1895 to 1902, the Old Colony line from
East Weymouth to Nantasket & Cohasset (Mass) was operated
using a center 3rd rail. (This line {excepting the
Nantasket branch} is presently being restored for diesel
commuter rail. If ever electrified, it will be catenary.)
When electric toy trains were being developed, there was
nothing particularly unusual about the Lionel 3-rail
O-gauge configuration.
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I hate to admit this, but Microsoft has the best model trains.