/*
 Create and populate a text file named
 text_file.txt.  In the same folder, 
 open a new FLash file (ActionScript 3.0).
 Select TimeLine --> Top Layer --> Frame 1
 Select Window --> Actions (F9)
 Copy and paste this snippet
 <Control> <Enter>
 Observe the output

*/

var scrolltext:TextField = new TextField();
scrolltext.text = "This is some text";
scrolltext.x = 200;
scrolltext.y = 100;
scrolltext.multiline = true;
scrolltext.wordWrap = true;
scrolltext.width = 200;
scrolltext..height = 200;


addChild (scrolltext);

var file:String = "text_file.txt";
var loader:URLLoader=new URLLoader(new URLRequest(file)); 

loader.addEventListener(Event.COMPLETE, isComplete); 

function isComplete(event:Event):void { 
    var loadedtext:URLLoader = URLLoader(event.target);
    scrolltext.text = loadedtext.data; 
}