New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-06-23
WILMINGTON and MANCHESTER


w RAILROADS.&C. seven yer c'nt. MORT
GAGE BONDS-Seaisl groPosas VII be sc,eged b., the
three hundred thousand dollars OF the first AID ons
Mortgage Bonds OF tie in.ugion aud an9eier Ran.
cent. per annun, pncpa and interest edeemaiie ~ INC
CITY of NeW-Norh. the principal ON The - june SEQ
Die at the Merchants Rank. No~York, the 4. Decen,
stock sI Of II the Con Ccnpai5 At the oca 1.-THE ioc
They issued under aci Of The legislature 81 NORTH
and South Carolina. secured hy Mongoge, or Decd IT
Trust 20 Edward Sandord. Esq, Of New York, m trust
TI@ Deed of must covers the entire line Of NE Road
completed and o. be- completed FROM Wilmington, in c,
10 Manchester, IA ) e, distance Of ~ miles, costing.
wlehcumplted WIN h'a'y fii ana ep pl' y b"uoO
The extraordinary aedness OF the country to the con-
stmction Of a railway accounts for tins low cost ,
The Trustee empowered in case Of b' dais dciee, n
payment OF principal or interest 10 take posson Of the
entire line Of Road, With s eqmpmen, stations income.
franchise, &c tie same 90 sell al hs DISCRETION 70 vac
highest bidder f)f cash. t'pay arrears Of prmi"O Or III
The whole amount II bond authorized % BE- ssued by
vote Ofthe stockholders Al meeting called io That purpose
Apnl last and order of the Railroad Board 100000
mcnts, only sJo0Ooo Of which are now offered TOR sale
The Company Will owe 10 other deot when the f''as
THIS road wpro,e important limb an lte great cham
4 RAILROADS from Boston, Nen-fork and Phladelpnm %
New Orleans CONNECTING 40 Wilmington with the kaleish
and wilmington Halfway now m successful "peranon' =.
from Charleston n me direction III h9higom' t At"sha,
now IN the receipt ofned million Of DOLLAR Annually 's
ITS business wll avoid e present dsaocanlo Ca Yo,s
from Wilmington Charest1n shorten the travel ~ New
Orleans DAY time. facilitate the mails. a4d wi bnay
lif NhhiH ~ Hii4t fliht qua ufi ANN f'N
Inc position ofth. Road 90, connections North aud South
rs easy grades, ne over thy feet 10 the nl' freedom
fu curves and cheap construction, such as 20 put II be-
youd ihe competition Of any other limo Of road Tor the I'M
The greater part Of ibis Road trayerses tc most popu0D
and fertile portions 81 South Carolina, producing cooa
com. Sc 30 great abundance It's local business alone VII
Tie census Of 1850 SHOWS that the astnc, 4 country
which VII be tributary TINS Road and dependent on u
f.. transportation market produced ~ 1919 ely thou
and bales sfcotpn Of average weight each q 40 s
lfrII = frfI 10 laffFa
, a. ,,l,ct c, he , ~ ,,, ,i,c y, .i. on, on III tho
Company $4,000 sutsc bed by the S'ate 81 Norh-Cao
Tina Ou cerlHu cnuil us.
It's estimated mat the net annual profits s reach
About one-haf OF the entire line has teen graded and
tndged, She crsses lcng ID the course "a DELIVERY ava
viii BE- ready Tor tne iron rails immediately
Tie entre line under niract or grading ald bridging
and 10 forward state toward completion la.
SIX Thousand two b red tgns rails. pattern la"
been purchased alu arc in the course u delivery
About 100000 has nlread been expended 40 CONSTRUCTIVE
including payment l1r tue rails purchased
, m he completed and m ION IN the Fan ofhsye.L
and the entire line 90 Wilmington eady neat ycu
The management of tbs Road Ia highly resfodaae AZ.
competent hands No "orN ia ne south nnJenaNeH ."
projected meets With more public favor thantiis -,
For further and more p,ric iar inionnat9n We ie,st
printed Exhibit" giving iuli details # the Road aad -
FAIRS which cont. DIS Slap II tie line wIih b. HanL ca
necoIs. copies oftle i aad n rtuec. opinion y ~
sci &C. prepared by oen " v. Harllee. Pre- dent o. E
nee oftle Coapaiy a. wilmington. z o. 81 lie under
signed ~ mail Or othc wise. "i'h any other nofnaD
We deem the security desirable one The s'fe, p
North and south C1t.. nn and The various corpoI@-I
chartered within Their l.rifs chsa.e been oono~cn
money, have uniformly euo under the mos. adverse c,
saaces promptly net ,he.r pec1n.aIy engageenls 1Ir
sentiment in those state. h.s always taken lg gfo1
regard opunct.14 Il public snd private ltf''''
a. Iieat OIs 49,.
The Ss6ooo0 vill he DISPOSED II Absolutely AID ''a'
reserve 20 the d. ghost h.ifer. -
sealed proposals i ay amount not loss than s. 90 81
D. received a. the oie ~ tle unde. lglei ln.l
au he 10th of jay PROV BOO ..,rpt
Proposals O. De AID i,.trd 20 WINSIOW, LANlbn,r
co. = Wall-st New 10iA, endorsed " PRorCsAAs ~
" g. MANciEsrER RAfLROtD BONDS" ..,.s
Parties whose bids accepted VIII be nq.lite 80
ieAty PER cent ION TIE amount awarded ~ ilem ~.
beng notified Of the acceptance o. their BIDS ana 49,
mallfcf j equa amounts the lr,t days % ee,srf
October. N0lomOer ari Decent er next. bgf Az III
De- IL liberty % pav n a.. ~ once II desired IA''''
commence from the Gag %! payment MID
Je9Jyl0 WINSTON. LANlER 60 y war