New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1850-11-25
0HIO ana PEN NsYLVANIA RAIL.

- ROAD COMPAN Ny -s5anuo, SEVEN PER CENT
~ - ar loAN Slaea Proposals VI. 1e received
mex lor FIVE HuND0sD Tdol1s4Np DOLLARS OF
- ga BONDS of goa Quo AMI Pom
tn Company At The pl-ssure VI Inc boi-r AZ g ~, o,
yIous he maturity b.aria seyeI r a. s is PC
interest. aid ratr-E1hoe New Yors o., ~. a. OIL.
1905 -'1 80 vi my
Trese Bands sre ir sums of : eof es,t vi. ,,,.
aiiaea paysh.e IN Seyfork on the list q! -aeh ,njs[
1i-., Bonds arr Issued ,slder ile pr,vi..,I,s r -
Of ,h Legislatures of OHIO >nd Pennsy yania and ara "a
cured b.. gage ci.ed 70 john J. Palmer 20 nj
The CIR of N4ys-York IN aust Tor tue Bondho er VI
Tms mortgage covers tle auliIe ne of tue Road from,
Pittsburgh Is NsssI,o ,ht Sue of Ohio. dsltsrr Of
H. I+ .rsI af winch i estns,Ai Al > os5 0d 1i
the Tr.,fre empowered of sixty days defll 10
lie aymen ol interest ar PFacpa OF lie Bonds. 70 aSe
possession Of and sci the Whole OF M part OF the
same and provides fGftler that Bonds The Of
one MIIion OF ao'Sis ~ ~ lisl ' Si E " il.i amount
hye hundred thousand ioars have already been Opposed
of pno pay Ems isud 10 ae purchase OF rails, spjAeS
char locomotives &c leaving only the bonds now offered
ue issued under the mortgage.
Tie proceeds OF Tie entire issue are exclusively applied
10 The suerstrucufe aud equipment OF te me from rus
bdYgh 10 MaseiUu The Tor The construction OF tue
Rad ready for tie ron have been amply provided by reia
BE stock subscriptions among which Tie twin CITES o.
Pittsburgh and Allegheny have edch subscribed and pod u
The ONO aud Pennsylvania Railroad forms part of the
great direct line Of Railroad between tie cues OF New
orr, Philadelphia and ST Louis which. when finished,
Will be shorter than aug OF The routes between Ne"fofA
and S. Louis
Tie line between philadelphia and Pittsburgh viii be
ready for travel IL 1852 by which time the whole OF The
Ohio and PENNSYLVANIA road junction with the Cese
snd; Columbus and Cincinnati road IS intended 10 DC IA
Ished.
The portion Of the road between Pittsburgh aud Massl
Ion. under contract and progressing rapidly aud win
be ID operation in 35l from Pittsburgh 10 Beaver VII
be opened for traffic IN July next
The immense and rapidly increasingly commerce OF Pits
burghioued the traffic be derived from several OF the
wheat counties OF Ohio through which this road passes Will
insure &c large and productive business that can never
he diverted by any other this without tAany into
consideration the long travel Joined the low OF cor
srUcon ESTIMATED at only Sl6.5s+ per mlle VIII insure
tie stockholders hA Liy reuuueraye dividends. and
I5t-ln df,Hi ,fc
Bonds into siock al VIII be availed OF by the Bond
hOd1s aud add greatly to the value OF the Bonds as II
y III enable The Bond holders 10 share in the profits OF
the road when its Tesu shall become matter OF act with
out mourning any risk while the road IS being constructed
lis confidently believed that the Bonds offered for
FIVE HUNDRED THOUSAND DOLLARS are now
Offered for sale.
Tie entire amount viii be disposed Q: Absolutely and
without reserve 10 the highest bidder,
Sealed proposals for shy amount not less IMAM VUV ""
be received at the Office OF the undersigned until O'Clock
on the seventh dsy Of December next -
Proposals 10 be addressed 10 WINSLOW, LANiER "
CO. i2 Wals New-l ork. ard Endorsed Proposals for
Ohio and Pennsylvania Bonus
printed exhibit OF the affairs OF the Con pauy contain
ing mapot road and its connections, together wiki CO.
pies of Tie bond and mortgage, may be obtained on app
cation to John Palmer ESQ al the Merchants Bank, or 10
the subscribers who viii furnish any further Information
VIII b may be desired .,.,
~ eutv per cent upon the amount awarded 10 them ie
diatv upou being notified OF the acceptance OF their bids
and tia remainder equa amounts on the hrsi day OF an
uaIv. February, March and April ne&-Out any party VIII
lie al liberty pay in fu al once
Interest " i'll commence from the day OF payment
WINSLOW, LANlER < co. 81 W aI.st
New-York 2lst November, 1850 n<%lDI