New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1850-10-15
ausrmEss NOTICES.

| MICHIGAN BouTAERH RAILROAD COMPANY a
! $4O0, 0e0 SAVER PER CENT MORTGAGE LOAN
proposals. four hundred thousand dollars OF TIA
frts and only Mortgages ouds Michigan southern
Railroad Company, tearing per cent Interest viii
be received until l5ih Gay OF November next
7hese bends srs ssaeA unlsJ the provision, Of spesl
set OF 'ho Legislature OF Michigan, suthohEsg ihs c,n
peny TO tspore Of or ,el ,heir obligations eser w,hs
ofwihoui dat sise iuch rstei prices ss may es
agreed upor and il 4od below par 70 b. binding az
/ told at par
They ara seepred By mortgage e4ecaiea to saepasd
KNAPP, Eiq OF tie CITY Of Neg Yoa Il truis for Tbs boaa
! holders
Th' mortgage covers the srire line OF tia oompaays
Read IN McbgGn, Whether slreaay bali! or hereafter 20 Do
constructed ard It p,oyje thar bonds 10 an snoant mol
eKceeti7s GIG micn OF aosrs 10 al may bs lsuei OF
which amorr mol than Sc00t0 can te ;a.usa uat az
ter Inc Road ihe have beer completed s,ur2e, Pfshe
sdissrce o. III mues from Lake Erie 10 which point
WILDE completed by he fr.I OF January next
Tte Eecury offered oE The bends Is lherelofss mortgage
llen, arc ;Ub'isnt'aly tie OILY len spon rosd which
when etc to The ir Of indsrs Will have near
ly 40 niles OF metn re beads branch OF 10 miles and
which Viii h.ve Goa, ncadng the oIEinsl outlay by tho
State the RELAXING he Preaeni scs about SasJ0O0o
Ct which l,5cG tCo VIII be Represented by stock.
TIE portion OF the read already IN operation about 10
uiles Yields an Income ample proeet,he eutre deb
prcpofet 10 be crested sud the lenI,h Of completed line
ard increase Of Is daily Increasing et
oyab ,ecuriy which wi place he eymeniofa s debt
beyond al contreeEcies
Fer August, 1850, the esrnings si64l7 y. For
seoien her $50 $50 Tbfe receipts derived from tbs
reed in ir preaer uttn,hed condition Fifty ,nles OF
completed road pIite sdded 10 Il within htee months
and will bc extsnded hs g. Joseph Riyer, at tbs lnd
ana State line, ecly SpElp tus doubling the len&ti
OF the main line nov IL operation
Thsroso is pnrt OF cortcu1u; line OF Railroads from
the city OF NewYcrk The Mi,sissipp River by way q
the Ee Rs tosd and the LGke Shore Road Snd Ia a1 In
porsn! lrs IL TIE chain
Nearly the whole Of his erostl from NewYork 10
M!,.ssipp River e,ihor conpt;ed lie cosrss q
contraction
r.. ts rnes. for the conjunction of the road ready tor
he iron provided forby slock ubacbel aud being psi
IN BIZ regular lnp.omcra anc the proeeds OF the bonds
are l.nly required for Tie prrchas OF iron heavy rail-
and equpmea is bellevue that railroad honda before
he public otter greater nduccmen for r.s than
those OF lhif Comrsry.
Tie mortgage empowers the TuNses IN Of faiats
10 pay principal OF tie bonds posses
icl ihe road and receive is ehrnipg sell it.
cue notice. ard apply The proceeds to the e1ngushmen
OF the debt
Tho bond. are In gums of $1,000 each. payable a, The
MechsnicA Bank in the City OF New York, Nov lat 1854
With ints;cn per cent! per annurl, payable set
annually In New.York on The lst Nov. and LAT Nay
Interest warrants coupons attached TO he boads
-Four hundred thousand dollars o! the bonds arc now
offered for sale.
Sealed proposals any not ess than 81 900 wi
be received until The 18Th day Of November next.
Proposals may be addressed 10 WlNeLOW, LANlER6
Co 50 Walst or to E. c. LIrcHFGELD, Treasurer. 81
Wr St ipdosed Proposals for Michigan Southern RAa
road Bonds"
100000 haf the amount oaered) win be dis sossd
OF absolutely aud whou. TO the highest bidder
The Company The withdraw tho remainder
II The ofers not satisfactory.
All necernary Information In relation 10 tbs bonds, TO-
gether with mepr, may be obtained by calling on WINS
Low, LANIER ( co or Z. C. LITcHEIELD al ei!hor o.
which places copioa the bonds and mortgage be had
Copies the bonds md mortgage may also DO
application Shepherd Knapp, Esq Preaidons OF the Me-
chsnics Bank, James Van Nosrsnd. Esq President
or the Merchants Exchange Bank.
Parties whose bids accepted will be required 10 pay
% per cent upon The amount awarded to them mmediso-
y upon being notified OF the acceptance OF thsr BIDS aad
the remainder In equal amounts the s, and 18Th OF De-
nezi bu. any party will be at liberty TO In fall
Interest will commence from the day OF payment
Hew.York, October s. 1885,
GEORGE BLISS,
CHARLES BUFLER
JOHN STRIKER,
JOHN B JERVIS.
EDWIN C LITCHFlELD,
ol5 q Committee OF ME Directors