New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-02-24
TWO HUN DRIED THOUSAND
d DOLLARS SEVEN sER CENT EORrGA9E
BONDS.
.NrRAL 10 RAILROAD


Messrs HAGCERTY, DRAPER JONES W. ossr Tor
sale Al he Merchants Exchange on WEDNESDAY, 2sth
inst at II oclocs Tw0 ~ ared II usand D0zr d h
Bonds Of the OHIO Cenrai Railroad Company b.aring IN
the 81 Seven pa cent pay.bls annually
al The Office OF he Oo LIE and Trust Co, in lie City Of
New-York and the principal renbursabls IN ten Years
These Bonds portion Of issue OF your Hundred
and Fifty Thogsanl Dollar, proposed 10 be na De- 10 So
cure WHICH frsi AMI ouy mortgage has bseu made 70
Mr. George 5 Coo Cashier Of Ge Uto Life AL Trust Co
Trust The Mortgage covers tn cnufe Inc OF the Road
bstween Coin nbus and ZanesvilejSf mos-wiih al ia
properties and appunenances, equpage, dep0u. dspot
lots &c &C. and convertible MO the stock OF the Com
pany a. par a. any tune beioie their maturity
The undersigned are confident that these Roads offer 40
safe and prohIabe opportunity Tor investment n any
which have been the market and that they present some
peculiar claims upon the attention. OF capitalists
The 6rs division 1.-THE Road from Columhas Zanes-
Vile ssh miles upon which the mortgage Il snis al ~.
der contract The grading ard masonry Of secuoss
being already complies the rect rapidly 9rogres,nz
The Chief In gneer expects 70 have q MI - betweeu
GAINESVILLE and Newark ready fr the rail by May next and
the balance Of the line By Angus. or September aext
The line between Zanesvile ard Wheeing where the
road will form connection with The Baltimore and Ohio
Road is under survey To build this Eastern sxlen.on
there have already been subscriptions made b. Wheeling
and the adjoining counties The amount Of sooCS Tbs
Directors believe hag the fall amount viii be made up By
individual and other county Subscriptions soon hey
are ready TO put the Road under contract
The estimated cost Of the division between LaEesvle
and Columbus fully equipped is $4,000 The subscnp
TONS guaranteed BY the Directors, amount to S5l7oo leay
pg $4,000 which proposed raise by these Bonds.
Thus when completed ie snure Road, Depos Equipsge,
&C. costing more than tss tAe amour, Of s Bosds viii
be held as security Tor their faithful reimbursement
In regard to the location OF the Ros believed hst
none more favorable exists in the West
Al Columbus the Central Road connects, the ssme
depoi with The Columbus and Xenis and the Cleveland
Columbus and CnciI natl Roads The Columbus sud Aeaia
with the little Miami Road over distance OF lls miles,
makes railway connection with Cincinnati. b. q Lille
Miami Road to Springfield connection Is had with the
Mad River and Lake Erie Road also In successful opera
top Il ia also contemplated extend the Columbus and
Xena Road from Xenia Dayton, where second con-
nection will be had with Cincinnati, by Ihe Cincinnati,
Hamilton and Dayton Road-wbich s rapidly progress
Ing At Dayton also, connection will be made with The
DAYTON and Greenvle and the Western Roads Fol'
lowing The latter the state line connection VIII Do mad
with the Tene Haute and Richmond Road IeItsndsd y
which, passing through Indianapolis usverses tbs whole
width of the State Of Indiana and at Terre Hsne con-
rsc,s with the Atlantic snd Mississippi Road stretch
ing to st. Louis
the Columbus, Piqus and Indiana Road
AtNewark the Central Road connects win The Column
bus and Lake Erie Road, which furnishes railway COM
muneatlou with ssndusky and Cleveland
AT the Eastern end the connection al Wheslng with The
baltimore and Ohio Road viii secure TO The Ohio Central
Road large traffic in he cattle horses nogs gram nour
and other products seeking outlet to the Atlantic BY
the route to the seabos forty miles nearer
than by any other line and this difference VIII command
the traffic Of large Of the richest portions Of ONO
The convertible feature Of these Bonds 10 avery vaI-
able one a. the stock the Road must ultimately become
one ofthe best 10 the country.
An exhibit and Map showing the Location OF the Road
and giving full particulars Of the condition OF lis affairs and
s prospective traffic may obtained Of the undersigned.
The terms of the sale per cent al the me Of pu
chase and the balance equal payments al one two three
and four months with option of making the whole pay
nent At one Iime with interest," from tho time OF sale
GILBERT & JOHNSON,
2If7t y WallsI
Ps-The undersigned, having received fun and saus-
factory security doing prepared to guaranty the
payment OF the Interest the above Bonds until the
completion OF the work embraced In the Mortgage
GILBERT a JOHNSON
a, 49,. MAJ GnnGK NOD