New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-05-27
Ses,oard AND Roanoke Railroad
$35O.OOO SEW sEvE .ar p pGsns CE s..I.;

will ~ received by the subscribers until Satar
- ~. ais; day Of May. instant. for THREE HUNDRED
.wn FIFTY THOUSAND DOLLARS Of the frSt and
81 uoy,vaEe Bonds Of the Seaboard Roanoke Raul
W. r,nany bearing yer cent PER anRum interest,
ROY Seaablc at the MoTuhants Bank IN the City Of New
-. a, the lat Of August 1850
80. Bonds are Of $1,000 each, with Coupons
.sheJ yayabe at the Merchants Bank IN the City Of
se..YoI oo the Is; Of each February asd August
s,e poniS issued under authority Of special acts
f,As Legislatures Of Virginia and North Carolina, and
occurred b. mortgage executed 20 JohR Palmer Esq
90 CITY a ke~-York, IN trust for the Bondhoders
ms mortgage covers the entire lac Of the Road from
,as yxiun 20 South CASTOR on the Roanoke River IN
h ,a distance Of 80 n,e which will have cost,
Ar corr,ed including the original outlay. 81 5o
aaaed ls trssee "a empowered Of SIXTY days de-
M ycyraeEt Of interest principle Of The bonds 10
k.o~sscn o. aud sell t3e whole any part Of the
ue scludAg the franchises, aud property Of the
CompJ OF every uescrpon no" acquired or herearer 20
b. aoeoHed
The whole of the Bonds authorized te be issued
s(oof hundred thousand dollars Of which the amount
esd Tor sale has been issued by the Company payment
vnncps for the heavy rails with which the Company
now EeIsyIHg their track.
This heavy ra. for the whole distance. 90 miles, Is
now On baDd-5O miles laid and in opersGon-and the
company actively engaged IN laying the remainder,
,ocmmpiete the line 20 Weldon 80 miles, July of the
present year. and SoEth CASTOR 90 miles by the Of
ibe year
The Seaboard aid Roaoke Railroad forms part Of the
Great Southern Route from New York. Philadelphia and
Baltimore New Orleans connection with the line Of
,samsrs now running from Baltimore to Norfolk.
1,D. n steamer IS now running from Philadelphia
Norfolk
Su-york to Norfolk, to running early July
~ One of these lines is to he Of the first class Of pas
.nrer steamers oO tuns burden and the other line Of
proIeler
an annie amount of business Weldon with the
Railroad to WILMINGTON. 100 miles IN length, which has just
been e-laid with heavy rail II uaites at South Castor
with the Railroad Raleigh IS miles long, which is also
about 70 be relaid with heavy T rail
Al South Castor II viii receive the immense productions
dhe extensive and fertile valley Of the Roanoke which
are brought that point by the Roanoke Navigation Com
pany who have expended four hundred thousand dol
lars IN improving the navigation Of the Roanoke and its
tributaries.
The harbo Of Norfolk and Portsmouth well known to
be one Of the the United States and will thus be
connected by the Seaboard and Roanoke Railroad and It's
connecting lines ample extent Of territory. which
Will insure 20 the road abundant business.
map exhibiting these connections, showing also other
nes now in rapid course Of construction by which
nuous line Of railway will be extended from Norfolk
bhobe and Now Orleans on the South and to the Valley
q the Mississippi Memphis the West. may bc obtain
Vi of the undersigned
An Exhibit" giving full account Of the road and its
Affairs copies of the bond and mortgage and the legal
OnonS Of Judge John Y Mason, Of Virginia, &c,
pane the map, and may be obtained upon application TO
John Palmer ESQ at the Merchants Bank to MesSrs.
Wnsow, Lanier Co.. by mail or otherwise. who viii
furnish any further information which may be desired
is confidently believed that the Bonds offered for
sale afford one of the safest and desirable securities
the market.
THREE HUNDRED FIFTY THOUSAND DOLLARS arc
offered for sale.
The entire amount offered VIII be disposed Of absolutely
and without reserve to the highest bidder
Sealed proposals for any amount not less than oO Will
be received at the Office Of MessS. WnSOw, Lanier CO.
until o'clock on the thirty day OF May, 1851
Proposals 10 be addressed 10 WINSLOW, LANlER l.
CO. y WALL ST, NEW YORK, and endorsed Proposals
for s a X X Bonds"
Parties whose bids accepted Will be required to pay
twenty per cent upon the amount awarded to them mms-
daey upon beng notified of the acceptance of Their BIDS
and the remainder equal amount son the first days
August September and October next bu, any party wall
he al liberty pay full at Interest Will commence
nom the day Of payment
wv,atat WINSI,O W LANIER & co, % Wall-st.