Unfortunately, Barry, your system will not work. If relay number 2 falls, then 3 and 4 will fall, but #1 will still be powered. In professional electrical terms, you are creating a "race condition" of sorts.
Better to have 4 relays, none of which is dependent upon the one that is superior to it. You use a separate holding supply, that is used to get all 4 relays powered, through a "start" button. Then you take all 4 track supplies, and have them operate 4 more relays, each of which is ON when the associated track section is ON. The N/C contacts of these four relays are wired in series with the holding path of the first 4 relays. One relay with 5 sets of contacts would work, but you'll have a hard time finding one. You can use two relays, if there are enough sets of contacts.
If any track circuit opens, its relay falls, opening the series supply to the held relays. No one relay is superior to any other. "If one goes out, they all go out."
You need 8 relays, and one momentary pushbutton ("start") to get the 4 track relays to operate and hold. Adding more N/C momentary pushbuttons ("stop") will allow the operator to kill all the track from any one or multiple locations around the layout.