The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1850-11-22
PROPOSALS.

Quo AND PENNsYLyAsJA RAILROAD GoxpANY
seven per Cent MSrssfs sE
the seventh Of psxt Five Hundred
Psnnsssan sh Rires
Q, the ns pes'p,s - 'ss s can, any
interest redeemsble in New York the fl st July
These bond. are in sums each with coupons al.
tahd syabe in New York ON the first Of each January
bonds ssned under the provisions Of the acts q
by mor,gsgeesseuted by John Palmer Esl of the city
OF New YorS. in trust for the bondholoers -
Ihe the tire line Of this road from Puts
nTIsh e hasSn in he 3nS S @ and ID me
Trustee is in case Of sSty days default ia the
p of sse ~ se he whe s aayspsrI Of the same ana
provides further that Bonds the amount Of million
Gred thousand doars have already disposed Of pn-
s IN o o the Ooaa now osd t. %
Tho proceeds Of the entire exclusively applied
20 the supeprncture aud equipment Of the ine from Pitts
road ready he iron having been amply provided 6y
liable ttoek subsorpt amsng which the 'wh cities OF
Pbugh ana All shaAy have each sahseribea ana paia Ia
The Ohio and Penn syvaa, Railroad forms psrt of the
great direct us Of raro.o between the cities Of Now York
- and r. Louis Louis wsss when ar.GSi WA n %
ST Louis
The line between PHILADELPHIA and Pittsburgh wiz be
ready for travel ~ 1872 which time the wholy Of the OAo
Columbus cneinn, ri road i. attended aalohel.
The Roaton ofte between Pittsburgh and Saslon
IL epSrs s in ISL from P,tssasb to Beaver It viii Ss
The imu,enso aud rapidly commerce Pitts
burgh Joined The trae be we'd from srll % tsa
nse t. alge ant produe i've business that never
DO verted byany other routes th witaout taking nto
liberation long travel joined the low Of con-
squpDent) viii The stoo holders highly
uerahve dividends; aud there Is tt DOUBT that the right
Of converting these Ads into iooh III be awaited
otty he toudhoders aud atd greatly to the value Of the
bond as IL will eNttle the hondha er 20 share IN tAe P
without nearing any FISH while the road "a eeas eon-
Is ccpGdeptlv believed tsa the Bonds now offered
tse asrd one Of he safest and most desraes securities IN
Five hundred Thousa-d Dollars are now offered sale.
The tire amount viii he disposed Of absout ely and With
ont rtserve the highest bidder
Sealed proposals fer any auonxt rot less han $1,000 viii
be received AZ he Office Of the undersigned until o'clock
the seventh dsy Of Decent er next.
Proposals to be addressed TO Wosow, Laner and Co.. SO
Wan street. New York and endorsed Proposals for OHIO
and PenusylyaEi Bonds"
printed sxbSit OF Affairs Of the Company contains
ing OF the road aSd its connections together with
pies the bond and mortgage. be obtained sppca
ten 20 John j. Palmer Eco az the 8erhGnts Bank or TO
the sussorbers who will furnish any farther information
VIII ch ay be desired.
fartie whose bids excepted will be required ray
twenty per cent UPON amOunt awarded them
the remainder h equal the first day OF
January February March and April next-but any party
will he 81 liberty 10 pay in full at once.
Interesi viii commence from the day Of pigment.
wISstoW. LGNiER& co. No. SO wall street
GALVESTON AND BRAzos cANAL-PRoPosALs
December fer digging excayaeg he proposed canal from
Galveston Bay TO the according TO the plan .nd
both the gpeefcstons vzOne for 60 feet wide az the
suTfase, ~ at the boston, Aad feet deep at
the bottom and feet deep low Tho plans and sps
ofoations ready For inspection the Of tia
a. he Office Of Major aten Hobe, and at the office of J. L.
Grcuuer q Go No. IS Sou III street New York.
snT5sk S fpaE 5sh a oG%n
oalveston netoher % lsh1