New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1850-12-28
A. EW. YORK AND HARLEM RAIL
pUTLAND AND WASHINGTON y
4ARAIIROAD COMPANY-TWO HUNDRED AND
EIF1'Y TH0ITSAND DOLLAR MORTGAGE LOAN,
5000 600.


S250.0OO.
Sealed proposals viii be receS ed until saturday we ~,
day OF January next al ococA 10Y o4e L4At'e
Ninety Thousand Dollars q tn fret and Only MorsAgs
Bonds OF the Rutland and Washington Railroad company,
bearing Six per per annuIn Interest ana eaeTHage
in annual instruments Of So oce each from JuS 100
These Bonds are in gums of $3.50 each, WHO Coupons
attached payable at the Mechanics BANK, iofA ou
the lsI OF each January and July o., -t,,,
TIE mortgage covering these Bords : executed 70 sh
be15 KnanT Pre,ideno Of Mechanics Bank. and DAME.
M;Ier Etd ISL Frou.st New Yora in trust fur ire ooAu
~ TN t orgaee covers the line from Rutland TO sa;
- V.sh.,7sfsu Co y y 40 mics which Is contracted
- re Il a. ana lie Trustees empowered, in case
~ Sru 81 payment OF interest or Prncipa4 on thsse
-, "a sgs,esSion Of sell the whole property
al. the, sane For Ihe heneh, q he oondloi9eTs
IT, cssts IL rae 6orcs are TO be devoted 10 ne qur
% n lroe y he Road rom Rnt nd to Saiein the whole
ard ,upersfructIe being provided tor by cash sock
slbs,r5u.iuus sons the ike OF The Road
r.. Rutsgt and Washington Road torms Ink OF he rail
y7 bstw New. orr and Montreal VIA
-, =, the shortest will command large pOr
ton hfoug aveL Ituns through some oithe richest
Counties Of NewY0rk ana Vermont and The local irAYe
between Rutland and Troy, its believed VIII ED aaLge
rayeuue The Road passes about midway throusha dis
tic, 50 miles wide between the Green Mountains On Ihe
Ess. and the Champan Canal OF the West aud has M
vne population OF 50Co0 The marble and other quarss
and tie water pow along Tits route very vlAoa and
" ii furnish large amount OF traffic 70 the Read
The line viii be completed IN MY ie2l aha aA,t -,
Get straight line, eud grade 81 feet 10 me me
The Road entirely completed and Is beng sqecssSi-y
worked from Rutland 10 Caste.on, II miles from ces,
Teton 10 Salem II Is neAfy really of tue $40
viii be completed in the Spring The iron Is oolsns l9 'e
whole road and lie eguipage contracted for Cars VII pc
running from Rutland Saem IN august next when lle
road om Salen Troy VIII also be completed and me
whole line from Troy 10 Rouse's Point IN operation
Full particulars car he obtained by application 10 the
Trustees where the mortgage can he examined and PRINT
ed exhibit of the affairs OF the Road obteired
Tv be seen that tie holders Of these S@'uto OF nyaS
have the frst and only lien upon properly costing one MIL
hon ofdollsrs. i,.,,
lis the intention OF the Company 10 reserve sinking
Dd Of y per cent OF lie Capila annually amounting 70
s. SEQ Tor the puncma redemption OF lhese Bonds
Proposals to be Addressed 20 Gilbert Com y yoLsoni
g NaIi-st sRd Endorsed, Proposals ior huNsl1 eau
Psrss whose BIDS are accepted VIII be required to pay
ten per cent upon the acceptance OF Tue bds tory cs
on he 10Th OF January AID 80 per cent on he + OF sh
uary ne1f. ,
Interest Will commence from The Isl Of snnary next
GILBERT, COBB JOHNSON, g y"
New.Yo1k. Dec. s. 1850 %