New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-06-07
Panama Railroad Company.
SQ0O ONO SEVEN PER Gen l..

MO Stock within five wears Sealed proposals Will be
eeNcd at the Office Of tins COMPANY 70 Broad"ay IN me
sum not e1ceodng Nine Hundred Thousand Dollars OF the
rst aud onl, bonds OF the Panama Railroad Company pay
ALE on the frSt day Of July. 1866. 800
The bonds aro or SlCOO each dated July 1851 with IL
tcrest. al seven per cent per annlm pa, ape nA.
m the city of New or6. and are converting mo SocA ~
any tme before the first day Of july 1886 Ihey are issued
IN pursuance Of the ac oi Incorporation " the 'tnN'
raised hy the Legislature Of the state u NeW1oIA SCI
The sad CORPORATION may borrow from 20 time srca
sum OF sums Of money may be necessary 70 complete sI
road and fr the other purposes authorized by tins act IN
he hole u,t eNceedms the amount of the capital stocS
sctualy paid iu and issue and dispose oi thrr bonus
f auN amount borrowed and are hereby authorized 10
mortgase any part of their corporate property and Prv
cees 10 secure The PAYMENT Of such bonds And the sad
Directors may confer on the holder oi @ p'hd 'ht, NAV
ISSUE 10Y money borrow ed ihe nsh to convert he
principal due thereon into stock q Tie sud copA'on "a,
any not exceeding hve years fr9n we date Of 50!
bono, under such guatons as te DICte!s may SC ~
adopt AID Tor such purp INC SAD orp1IAl.A aLe
authorized TO increase Us capital svoA % ms am ~. III
borrowed, whenever me persons ur any OF ten 20 Nl
such money due, shah elect 10 convert The same mo
one million Of Dollars Of the Capital stock OF the Com
psny been subscribed and more than SSeOe actually
The section of Railroad from Navy Bay 70 GorgVns, p
miles, l. believed W be completed by the 1T OF Sep
Tw,riT miles WI be ia operation in July
The selton tsiYeen Co coma ana F@- sSs NV
IN Panama II Tor tbs section tA2i 'Ae money Tor u"
Apy OF the present Stockholders making proposals as
above WIN he entitled tuiakc pay Bonds 20 the eNtcn; Z
their stock respectively AMI the amounts not mus taeh
Will re Scd absolutely O. nc hughes; BIDDER ou' no ois
below uar VIII he considered
PAR IS hose bos ted VIII De required 20 pay
t.uv Ter cent ulon the amount aWafued ic hc on llc
Isl sy o july and the remainder ma lnstalmens oi twenty
rsr cent ever, two months thereafter.
R0ut> W m he ISSUED when required fr payments nA1e
leVpJ The INST stsluent hut every party viii oe a. liberty
~ ty u fu al once Interest Vii commence RON 'he
tine M payment 4. .. $500 3 a. e,,,,. ~, nav
qAc CouYauy reserves Tie rht n case VI de4ol i as
rf ii tte instruments 20 resell The bonds, AZ me rlsA ana
cxuCESc ii the arty uaSIns c't4p4i ,,.s - -,
f-S (orrrsuv hy grant from ne Reprh-c ~ NeW-ola
r,ra nosscSStS very liberal ushtS and mtunlies .no
err chcrs the e-cgrc prrsieg o establishing ana coA-
re r,,rosd across the lSthmns OF Panama fortynin9
yr u the complexion 81 the road during waicA periol
H. Co,eln ent binds lsen not 20 permit any ohel car
rsee road Aiacadamzed Of pank o % any otheI Cas-
lb n.t serve for the Of wnse.-carrlases l.W-rh
H. two Oceans across the IsfhnuS 81 panama nor 10 eI
t sn uern OF persons iiA0st ~ eoHscntoi ae hFoad
C,,rus 10 make any canal across the sara lStlnus
NJ rsi nov "a ists superior a. mule iAtn ~ Hs"'ut
a. or N. kfiuRs Of PaaGaG ghdTGHeee 0y .' UVte'H
HtEf Of tie Isiied N'dfcs ,, $50 ~ .,,s,l mi,
The road by the Government Of NeW-GL anadS nor epeA
rsSSeueer nor Any duties on properly OF any AIM
nerfed across the lsthmus upon tho road 49,, -. -,
Anv rthcr information required may 9e oo.st a. INC
Of 90 NJ the Comuarv--New- York, 3oth May. 1871
CORNELIUS ". LAWkkN( T. fies = IN, ~, 80, 80
FRANCIS SPIES, Secretary. - -
~