New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-05-15
FINANCIAL.
seabosrd and Roanoke Railroad.
$350.WO S SEvES PER sERos CE MI;

I n
proposals. will be received By the subscribers until sstur
day theSls day OF May, instant, for THREE HUNDRED
AND FIFTY THOUSAND DOLLARS OF the frat snd
only Mortgage BOND, Of lhe Sesbosrd RosnoGe Rail-
Con psBy bearing per cent per s0uum Interest
and redeemAoe the Merchants Bank in the City Of New
York, on The lst OF August, 1850.
There sonds are in SUMS Of 900 each with Coupons
st,sched payable the Merchants Bank, 10 The City o.
New-York, on the lat Of each February aud August
There Bonds issued under sahor,y Of special AGA
OF the Leg ssures Of Vlrgin. and North Csrona. and
secured by mortgage executed to John | Palmer
ESQ of The City ofNewYofk il ttusl for the BondholdeS
This mortgage the entire line Of the Road from
Norfolk Virginia to South Castor the Roanoke river 10
Norhcaroins EdiItsnce Of 30 miles which will have coat
when completed, including the original outlay over $780,
0OOstd The trustee ia empowered in OF sixty days
default The payment Interest principal Of the bonds
to take possession o. and eel the who any part OF
the same including the franchises Income and property
OF the Company Of everJ description, acquired or
hereafter to be acquired.
The whole Of the Bonds authorised 10 be issued
IL four hundred thousand dollars Of which the amount
now offered for sale has been Issued by the Company In
payment principally for the heavy rails with which the
Company 10 now Telsyng their track.
This besvJ rail for the whole distance 30 miles Is
bsnd5O miles are laid and In operaton-and the
company 10 actively engaged laying down the remainder
SO as complete the line Weldon, so miles In July Of
the present year. and South Castor 80 miles by the
cloIe Of the yesr.
The SeGbosrd & Roanoke Railroad forms part OF The
Great Southern Route from NewYork, Philadelphia and
Ba lmore to New Orleans in connection with the line o
Steamers row running from Baltimore TO Norfolk.
line OF Steamers Is running from Philadelphia to
Norfolk.
Two lines OF Steamers are being built 70 run from
New York Norfolk, to commence runniHg early 10 July
next One of The lines be Of the FIRST class Of pas
AN fAaO thara line ~
propeleI.
The connections OF This Road such 10 for 1t
al ample tmount of business It uDites Weldon with the
Railroad Wilmington, loo miles In length. which has
Just been re-lad with heavy rail- It uniles al South
Gs,ton with the Railroad to Raleigh IS miles long, which
10 also about 10 be re-lad with heavy rail.
Al South CASTOR will receive the immense productions
of the extensive and fertile valley OF the Roanoke, wh:h
are brought to thai point by The Roanoke Navigation Com
pany who have expended four hundred thousand dol
lara In improving The navigation of the Roanoke and s
tributaries.
Yhe hsIbor OF Norfolk and Portsmouth Is well known to
be one Of the the United stRes and will thus DO
connected by The sesbosrd and Roanoke Railroad and s
connecting lines with ample extent OF territory Which
will ensure the road an abundant business.
map exhibiting these connections showing alio ether
unes now In rapid Of construction by which con-
nuous line OF railway will soon Ne extended from Norfolk
10 obe ard New Orleans The South, and TO the VAL
ley Of the MssIipp at Memphis on The Wesi may oeoo-
tanned OF The undersigned.
An Exhibit" giving full account OF the road and s
affairs copies of the bond and mortgage, ard the egd
opinions Of Judge John T. Mason Of Virginia &C accom-
pa1ies the map and may Obtained upon application 20
John Palmer ESQ Al the Merchants Bark, OF 10 Messfs
window LsBier Co, by mai otherwise, Who will
furnish any further ITO nation which may DO desired
Ills confidently believed that the Bonds nov offered for
sale afford Of the safest aud most desirable securities
in the mArhet
THREE HUNDRED AND FIFTY THOUSAND DOLLARS are
now offered for sale.
The entire offered viii be disposed OF absolutely
and without reserve 10 the highest bidder.
Sealed proposals any amount not lees than Will
be received at the Office of Messrs Wns,ow, Lanier
Co until clock or the thirty day OF May, 1881.
Proposals TO be dressed TO WINSLOW, LANIERk
CO SO WALL.sT, new oRK, aud endorsed Proposals.
for \ r X Bonds'
Parties whose bids accepted vii be repaired 10 pay
twenty per upon tbs amou nj awarded 10 hem imme-
dise upon being pouhed Of the socepGI;e Of their BIDS
and the remainder in equal amounts tbs hrs DAYS Of
july August September and DC obeT nexi; bat parry
will be hberty pay in ful al once. Interest VII COM
mebee from the cay Of pa, menL
myiSSl wINsLOw, LANlER co. 5? Waist
TO CAPlTALlSTS-S3,OO0 TO $4,000
n wanted for three months, good personal eot col
lateral security, for which fair interest will DO allowed
Address sox S,s44N PosEOnhce. mylo 81
OFFICE OF TIE MASHArrAS Gas LIsHr Co, Aprl S5
GAS.-NOtiCe is hereby given that on
and amer the frat dsy Of January next the price OF