The world of O. (for Oscar) Roy Chalk, 55, sometimes resembles the pocketa-pocketa dream world of Walter Mitty. Chalk it was who in 1959 unsuccessfully volunteered to take New York City's struggling $6 billion bus and subway system off the city's hands for $615 million. Then there was the Chalk plan to lure New York-Washington commuters away from the trains and airlines with a fleet of seven-passenger limousines equipped with telephones and dictating machines. Currently Chalk is absorbed in an 85-m.p.h. rubber-tired "Superail," similar to monorails. He wants to build one...
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