New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-06-14
Panama Railroad Company -
GOAA AAn SEVEN PER CENT.


sened at the office Of this Company, rs Broad"as IN has
CITY Of New York until the l4h DAY Of June neat for ~
sum not exceeding Nine Hundred Thousand Dollars. Of the
fsi and only bonds Of the Panama Railroad Company, pR-
The bonds are for 81 Gov each dated July l. 1881 with
tcest al PER cent peT annum pay ahle hi yearly
any before the FIRST day Of July 1856 They are issued
pursuance q the act of incorporation OF me yompSny'
passed the Legislature OF the state N Ne"-f"rk go
re SAID c.spo,aon ma, borrow fr,-a time susA
sam OF of one, may he necessary complete sad
read aud fr the other purposes authorized bN thus act
ths whole not e.ceedns the amount Il the capital stock
sotuay paid iu and sHd dispose Of their bonds
Az any amouEs borrowed and hereby autho 2ed "
mortgage any part Of their corpOyate property and puu
eros 10 secure The payment such bonds And the sad
Directors confer o. the holder Of any pid Iel u9
rsuc for any money borrowed the night 30 convert the
principal thereon into stock of the sad corporation ~
time not exceeding I'VE year, i"H the uo'e OF sac
boud. under such rcgulnt 'ns - ine prroN NAV e NJ
IN adopt tor such purpose the SAID corporation are
sahozed to increase 10 capital stock 10 the am'un %
borrowed. whenever the PERSONS, Z" any "t mem !" VIM
such money dus. shall elect ts convert The same n's
One million Of Dollars Of the Capital Stock OF the con
pan, has beon subscribed, and moge than 100000 aelR
fTtc section Of Railroad nom Navy Bay 70 Gorgona. q
miles II Is believed VIII be completed by the Isl o. sep
Twcn;v miles Will be IN operation IN July
She section between Gorgona and Panama, ~ miles has
been surveyed and caioo ana part OF we ia ~ M 80
Panama It's icr this section that the money lot INC
BonGs - required . ..,. -.
above viii be entitled totake al per Bonds TO 1ae eA',
Mer stock resectNslv and tAo anonts not thus "a ~
N be sold absolutely No hishcSt ntidtA ""N IL" "-
below IarNlli he considered
Parties whoss uGs accepted VAL he required 10 pay
twenty Per cent upon the amount a"ardcd 10 teh on .e
lS day o July. and the remainder n liS'n,hIS % 'eNS
peI cent every two months thercaref. . -. 4.
bonds will he issued when required tur payments 49,
seycnC the FIRST insfamCnt hut every party Will ue oeV
pay fell once. Interest Will commence li"" 'ho
time Of payment r,r...i. -. ,..
The Cn,nv reserves the rsht ~ ease ot dritut m Ny
Of the is,s To resell the bonds, al the iSA hs
eIpesSe oi thc party saAns dU7ult ~. -. O.
fhie ComtSnv by riaU from the Reputuc 't "" "'-
NADIA. possesses NoN hbectl nights md nn"uu'O~Sj ~
akDue Others the tItlsS ifet,9t o lsii IA" -
URung Ia oAl across IA. lelsuS of Panama 't 49,
years ON the completion If the road dUring whcA potS
The Cove umcnt tunds Itself aot II ytII' ANY -,
mage road EacaAanu.cc OF u plank or 81 any Stnet 49,
which NAV serve .ur TIE 81 wheel caIi'Vs' DC Wen
The two Oceans acrQ~S the SttnUS % panama roy ~ o'
nit any pcrson OF perSonS icifao ftc coES' ~ W N"oa"
CCrgar, TO make any canal across the sac iSIeuu' -
Ne road now ~ suIcuor to mule pein $3.50
az q tAe ls1h-gus Prrcna - etffdHef' NV "c'
the s.ieG Nfos,s .-- . ~.
NJ faxes or coutuhnt " knd csu ht taHr>to -
he road hy the Government oi Nrw-tlHnN"a 81 uNN
,ueefS nor auy Gutlv, property Of N A"e S~''
port a across the l>tl,iUus UiN'a the road . 49,
Al, further information required MAY D. a. 'A'
sniCe II the C1uslauy.-NsW York. 5OtA H~N, 1891.
CORNELIUS W LANREN CE. Pres L Ply 90
ERANCIS SIZES. SECRETARY A~f'''"N''