New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-06-17
WILMINGTON and MANCHESTER

a
w RAILROAD S3ooooo seven per cont MORT
GAGE BONDS Scaled proposals VII be received BY me
~, f bnu,ea ttoIsaa dollars of the inst ana only
Mortgage Bonds of the Wilmington AID Manchester Nid-
road Company, bearing interest no the rate u seven per
cent PER auuum principal and interest rci.enabe 10 thu
CITY II New YORK the principal on tle l>t Junr 100
The bonds sums ol 0t0cVh with coupons pays-
bic nj the Merchants Bank New Nork Che st Deccm
her and isi June each year, convertible MO the capital
stock Of the Company at the option OF he holders . .
They ac ISSUED under acts Of the cgSaiuro, oi North
and South Carolina secured by NJ. t~.' ot Deed -
Trust. 90 Edward Saudtod. Esq, 81 Now oA, IA trust
The Deed Of trust covers the entire line Of tho R,.d
10 Manchester m c. distance of TO- miles. costing.
.hcncompe'edwth heavy r'il and equipped 81 900 90
The extraordinary adapedness of The country 10 the con-
struction of a railway accounts for Tins low cost
The Trustee powered ma cgso IF 90 days default :"
pa, principal interest o. take possession Oh 'he
entire line Of Road with s equipments stations, ncomo.
franchise, &C. the same - sell AZ ms u>'eN'h :" ea'
highest bidder ior cash, t. la' Arrears OF Prn'" o' w
The whole amount Il bonds authorized 70 be sued hJ
m Ami last and order of the Railroad Board SoOo~o
means 10 the residue Ut the ron aus ana equip
monts only $500 coo n which are now offered iol safe
The Company will no other debt when the r'aa -
ooWpleead III o-o,, a., ,oo,,o, link in the great cha.
railroads Boston, NcwfurN and PM d"phih 70
New Orleans connecting at Wilmington With the ktieiss
and wilmington Railway, now m successful operation, AZ
80 fi.rilsf,, IA, IN, roct,u Of fgIn,er, Alabama
the receipt ofntar million Of dollars annually rom
business Will AVOID he present dsas abe sea o iso
rom "a nefon a. AarcsfYn shorter, the travel o. New
Orleans day time facilitate Che mails, and VIII Oung
the South IN more immediate and direct communication with
The position II this Road s connections North and South.
grades. uuuc over thirty fee, % he mile trlls
from curves and cheap construction, such s 10 pot q be-
yond te competition of any other lne Of road Tor tae ma
mense INLAND travel between the North aud New ORC ins
The greater part 81 thus Road thc most ppuous
and fert ne portions NJ South C,rolnn, producing cotton,
corn Sc great abundance Is local business alone vii
The census Of 1870 show, that the district u ooun.v
which vii be- tributary 90 thn Road and dependent gn II
foI transportation 90 market. produced n 1870 ,e'eni t'i-
sand bales VI cotton NJ average weight each " 40 os
The Company has one mllon oi available STOCK sADscub-
3D. most % which BIAS been pad m and applied 10 con',t 10
ton % which be- added al any ue At the option " the
Company $4,000 subscribed by tno state II North Caro-
It IS estimated that the net annual profits Will reach -
About one-haif II the entire lno has been graded and
fr ge, he cruss-cs being The course of delivery and
will b. ready for Che iron riiI- immediately
The ruto luc under contract for grading ,nd bridging
and 81 a forward state toward completion
SIX thousand hundred tIns rails, T pattern, have
been purchased ina ore DO tht course "i n,.''y ,,,
About $1,000 has already been pended n CONSTITUTIONAL
Including payment i0r the rails purchased -. -,
ItserpeCted that about 90 miles from 1lanchstff hft
viii h. ronuetrd and M operation the Fan OF tins year.
and tie entire hue 70 imnst9n ehiy hett yeaI A.,
competent hands No work % me south undertaken %
projected meets with more public ia1of W AZ nus a.,
For further and particular nfDrnit1n w feei :"
printed Ethb giving ull details If the Road tnd IT'S al
fairs which contains Map If 10 line WITH IT, mAay con
necons, copies % the Bond tnd slnftfisfr y"l -
sal * prepared by Gen Harliec. President 81 ihs
COMPANY ~ich may be obtained on apPhfnlog AZ INC o.
nee offfe Company Al wilmington, Cor 81 lhe n"sI
signed b mail VI Otherwise With ay other Information de-
sired NJ. a.. 90.
North aud south Carolina. and the various cOrp)fAlpns
chart.red within their limits Whch2a been borrowers 81
usney have uniformly and under the most adverse crcm
stances promptly met their pccunary ngagenfns PuDic
ssneut IN those State always taken high ground IN
regard 20 punc ua II public and private pecuhaJ
me $4,000 Will ts disposed II absolutely and with'st
reserve fo the hlg CHEST bidder 1900 u.
Sealed proposals. Tor any amount ft rss nan ~ w
. received tAs Office II mo anGerssned "niI "c'sA
on the l0th VI July prONno , ga, , .,,uD 4,
Proposals. b. he Addressed 10 WlNSLO~, LhNihh .
"a 81 Wsll-,t Nsw-Y .fA, endorsed Proposals. FOk
" NANcHEsTER RAILROAD BONDS
Partes whose bids locepied "l De- ielpteu I" ny
,t, rer cent noon the amount awarded % them upO1
beng nofed Il the Acceptance u tAeT pds AMI ls re-
nalndef 0qual amounts Oh the hfH days u oep.shs
=. Al liberty o. LAY fI u once 10 DESIRED Interest WI
commence from the day ot peyHent No. 81. "a, o., -.