New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-05-21
FINANCIAL.
sesbosrd AID Rosroke RaIlrost.
ockDOaT1 Au huslOhe haIIIV--.
$3lO.UOV S S6T az f roEps - j

S35O.tNW S SaE hS F s6Eos CEN L i
proposals viii be received by the subscribers until sslf
day. tbesls,d day Of May instant for THREE HUNDRED
AND fifty THOUSAND DOLLARS OF the hrE ard
only Mortgage Bonds Of the sesbosrd Roanoke RAJ
road Company bearing per per snnum interest
ard redeeabe the Merchants Bank IL The City 81 New
York, on The lG OF August 1859.
These Bonds are IN suns OF 600 each with Coupons
.usched. u,vsb,e A. The Merchants Bank II he City Of
Eew.Yors. OF the lot OF each February and August
These Bords are lssued under authority " specA sra
OF the Legislatures Of Virginia and North CGroca ana
are secured by mortgage executed 70 Jonn rAihe''
ESQ the Cisy Of Nev-York for the Bondhodera
snortssge covers the entire line Of The Roea froIn
Norfolk virginia to South CASTOR the Roanoke river IN
Norh-cSrona assistance OF 90 miles which viii have co'S
when completed iHdsdn9 the original outlay over slow
oOO-srd The trustee 10 empowered In case OF sky Gays
default n TIE payment interest or principal OF the oonoS
to lake possession OF and sell The who'll or any par o'
the same Including ihs franchises income and properly
OF the Company Of every deserption now acquired VI
hereafter 10 be acquired.
Tbe whole amount OF the Bonds authorised TO be Is1ed
is four hundred thousand dollars Of which the amount
now offered been Issued by the Company Ia
payment principally for the heavy rGS with which The
Company 10 now relsying their track.
This heavy rail for the whole distance 80 miles, IL
now on hsnd5O mes are laid and In opersnonand tbs
coEpHLy 10 acuN5y engaged 10 ia1lnB uoNu INC
80 as to complete the line 10 Weldon, so miles, In July OF
the present year and to South CASTOR 80 miles % tho
close Of he year.
Pie sesbosrd { Roanoke Railroad forms part OF The
Great Southern Route from NewYorr, PhisdslPhia and
Baltimore TO New Orleans, In connection with The line
Steamers row running from Baltimore to Norfolk.
line Of Steamers now running from Philadelphia to
Norfolk.
Two lines OF Steamers being buI TO r11 from
Kew.York TO Norfolk runnisg early IN July
next One OF these lines be Of the frat class OF pas
sepger steamers 100 tuns burden, and The other ne OF
propelleFs
Tie connections OF ibis Road such as 10 secure Tor 1t
40 Ample amount OF business uniies at Wedsn WIFI the
Railroad to Wilmington 100 miles IN length, which mss
Just been re-lsd with heavy rail- II unitss al South
CASTOR with the Railroad Raleigh s. miles long, which
is also about 10 be re-lsid with heavy rail.
AT South CASTOR 1t viii receive the immense productions
Of The extensive and fertile valley Of the Roanoke, which
are brought to that point by the Roanoke Havgstoo Com
pany who hsye expended four hundred thousand dol
lar, in improving he navigation OF the Roanoke and IN
tributaries.
Fbe hsrbor OF Norfolk and Portsmouth ia well known 10
be one Of the best In The United States and will ka' be
connected by the sesbosrd and Rosnoke Railroad and u
connecting ines with 40 ample Of territory, which
will ensure to the road an abundant business.
map exhibiting these connections, showing also other
lines now IN rapid course OF construction, by which con-
tnuous tine of rsuwsy will soon Ne extended from Norfolk
TO Mobile and New Orleans The South and 10 the VAL
Ley OF the Mississippi Memphis the West NAV be o..
tanned Of the underSigIed.
An Exhibit giving full account OF the road aud lie
affairs copies OF the bond aud mortgage, AID The legal
opinions Of Judge John T. Mason, of virginia &c accom-
psries toe map and may be Obtained upon application to
John Palmer ESQ., the Merchants Bank to nessrs
wnslow LsBisr & Co, by mai OF otherwise who viii
furnish any further info NATION which may be desired.
Ills confidently believed hat the Bonds no" offered for
sale afford one Of the safest and desirable securities
In the msrtet
THREE HUNDRED AND FIFTY THOUSAND DOLLARS are
now sale.
The entire amount offered viii be disposed Of absolutely
and without reserve TO the highest bidder.
Sealed proposals 70 any amount not less uan 200 WI
be received al the Office Of Messn. Wlnsiow, Lanier
Co until clock OF thirty first day OF May, 1851
Proposals TO he addressed TO WlNsLOW, LANIER
CO. 50 WALL.sr., NEw.YOKg and endorsed "ProposA'
for S. \ h r. Bonds"
Parties whose bids accepted VIII be required TO py
twenty per cent upon the ut awarded 10 them imH-
dise upon being notified Of the acceptance Of their bids
aud Tie remainder in equal amounts tbs first days oil
July August Sep enber and DC tObeT next but any patty
will be nj liberty topsy IN full al once. Interest VII com
meuce from the cay Of payment
mylStSl NINsLOW, LANlER co. s. WdlsI