New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1850-12-02
ohio and PENNSYLVANIA RAIL

OR0AD COMPANY 100000 SEVEN PER CENT.
MORTGAGE LOAN-Sealed Proposals viii be received
by the subscribers until Saturday the 7th day OF December
next, for FIVE HUNDRED THOUSAND DOLLARS Of
the first and only Mortgage Bonds Of the Ohio and Penn
the Company the pleasure OF The holder al any time pre-
yOus 10 their maturity bearing per cent per
interest and redeemabe in New YORK on the let OF July
These Bonds are in Gums Of $1,000 each with Coupone
attached payable Ia New York on the a! Of each January
Tuess Bonds are issued under the provisions OF the
of tie Legislatures Of ONO and Pennsylvania and are So
the Guy of New York IN rust for the Bondholders.
Ths mortgage the entire line Of the Road from
Pittsburgh to Masson N The State Of Ohio, distance OF
l07 miles Inc cost of which s estimated al $2l65GD, and
the Trustee is empowered, IN OF sixty days deant In
the payment Of interest or principal OF me Bonds 70 ake
possetson Of and rel the whole or aaY part OF the
game and provides further that Bonds 10 the amount o!
million Of doars 10 al may be issued, OF which amount
I'VE hundred thousand dollars have already been Disposed
Of principally in England IN the purchase Of rals spikes
chairs locomotives, &c leaving only the bonds now offered
be issued under tie mortgage.
Tie proceeds OF the eare issue exclusively applied
10 The sDerstrpc,re ard equipment OF the line from Ps
burgh to Massion the means for The construction OF me
oad ready for tie iron have been amply provided by res
Pittsburgh and Allegheny have each suDscnOed and pao Ii
RE Ohio and Pennsylvania Railroad forms part Of the
great direct line Of Railroad between the cities Of New
York Phlsde pha and St. Louis, which when finished,
viii be shorter than any Of the routes between Ae~YorE
Tie re between philadelphia and Pittsburgh Will be
ready for trave In ls3l BY which time the whole Of the
land Columbus AID Cincinnati road. Is intended TO be nm
The portion OF he road between Pittsburgh and aass
lon Il under contract and progressing rapidly and VIII
be 10 operation in 1851 from Pittsburgh 10 Beaver VIII
be opened for traffic IN July neat
he immense and rapidly increasingly commerce fS
burg joined the traffic be derived from several Of ne
wheat counties Of ONO through winch this road passes 4"
insure 1t large and productive business MAJ can
be diverted by any other route this WITHOUT AADs 1.o
consideration the long travel Joined 70 the ow coz u
struclion ESTIMATED only 1864 per ne E Wi md
to the stockholders highly remunerauVe ula.. ,,Ss1
there il little doub! that the rfght Oh ~ ~ re Rom
Bonds into STOCK at par WI pc asa tho 8ordz az II
holders and add greatly 70 ' -, 5srs in t6e profits Of
viii enpbe the Bond holders 10 shEL. ,, ~ scI IN
- ,,.,, ia results shall become plattsf VI a't, -
Wv, ;;,g anv risk While the ROAD IS oei1s cottsIl
- Sde1tlv beieyed that Tie boIHs no" o4.t ".
sale ast,rd one Of the safest ana most o's A't'
in 1 he Snf fN IiD THOUSAND DOLLARS are now
offered for Salt ,dIf he dsposed Of absolutely and
titc,tf reserve the nghesI bonef. -. q ooo .,,
vllhopt r.s for suy amount not less taan slVp VII
5000 a. the Oice Of ne undersgle unuI COCK
De he seventh dsy OF December nexL IN, r.uyrp
on p w, 10 be addressed 70 WiNSLOW, LAalER
"a q WaLsL New-forkt and indofseo fi"PosdiS io'
Sfio and Pennsylvania Bonds o 1000.
nrined exhibit Of he 8H.rs OF tho company CONAN
IN map of road ard is counecflots o2epIsf VINE CO
ns Of the bond and noreaEe may De ooalnea On sPph'
H.. subscribers WHO viii frruish any iurtner niofnanon
which nlay he desired ,,,,
w enty per upon the aolnt awarded % mem hnine-
d the acceptance OF their bldg,
n p remainder h eQaa amounts On Lt mrs. dhy o jan
rary February hsrc AID qrI ne&'-5nt a1y party VIII
b. = liberty to pay IN fol al orce.
f@iegest y. N eonfleg,ca ssya the GaY u oasnent.
WINSTON LAHtERA COR Nal.-st
Nev.YorB psf Nogrttf q, 1870. u2pl