New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-05-19
FINANCIAL.
sesbOSd srd Roanoke Railroad

gCOO,UJU MORTGAGE soY S1 OcN /:
proposals viii be received BY the subscriber. sorr
day theslstday Of May. instant for THREE BuSnsrr.
AND fifty THOUSAND DOLLARS OF he s,, -.
only Mortgage Bonds Of The seabosrd L Ro.ools a..
rosd Company bearing seven per cent per snnua lp,
and redeemsble a. the Merchants Bsnk IN he Cyofs.
York on the LIST OF August 1859.
These Bonds are In Of s. 900 each With coao,..
ausched payable al the Merchants Bank, Ia he Civ ~
Nsw-Ycrh. OF The lot OF each Feorusry and ArguH
These Bonds are i.ued under sahonsy u spec.. A.,
OF the Legislatures Of yirgina and North cuoaa. a.
are secured BY . mortgage executed TO John PLp~
Eso OF The City ofNewYofk 10 rus Tor The BoadbOs.,
This mortasge covers he enGre Inc Of he ROAD ION
Norfolk Virgins TO South Gsson on Tho Roanoke riv,r
North-csrolnA adslsnce Of 20 mies which vii hsy.e,.
when completed noldiES ne origisG! outlay over a. so
O0O-ad the trustee 10 empowered In case Of s.ty d,v,
deIuf "a ne paynest Of interest or principal Of hs bood,
10 take possession Of and sell TIA whole or any pu Of
the same including the franchises, Income and propsry
OF The Company OF every description, nov acquired o,
hereafter 10 be acquired
The whole amount OF The Bonds authorised 10 be hsast
10 four hundred thousand dollars Of which he sncs
now offered for sale has been itsued by The Compsys
payment principally for lhe heavy rails with which Dc
Company 10 now relaying their Tsck.
This heavy raj for The whole distance. ~ miles
company actively engaged IN Ia, ing down the remainder
90 - to complete the line 10 Weldon 30 mes In JAY q
the present year and to South CASTOR 80 miles By s
cose OF the year.
The sesbosTd K Roanoke Railroad forms pan Of he
Great Southern Rou.s nom New-Yo!k, PhGdelpha sal
Baltimore to New. Orleans, 10 connection vita The dnes
Steamers row running from Baltimore to Norfolk
line OF Steamers Is running nom Phuaasphis 10
Norfolk
Ywo lines OF Steamers now being built 10 from
NewYork Norfolk commence runnisg early 10 July
next One Of these nes h be OF he 6sI class OF Pea
serger oO tuna burden, and Tho other line Of
prorellers
The connections OF this Road are such - 10 secure ri
On ample amoupI " business unes n W raon VIII me
Railroad Wilmington, 100 miles IN length vheA hss
iusi been re-lad with heavy rail-; u unilss al soala
Castor with the Railroad to Raleigh % mites long which
also about 10 be relsld with q heavy rail.
Al South CASTOR will receive the immense production.
Of the extensive and fertile valley Of The Roanoke With
are hrough that point by the Roanoke Navigator CON-
pany who have expended four hundred thousand do
lars 10 improving The navigation OF The Roanoke and
tributaries
The barbor Of Norfolk and Portsmouth Is well known 10
he one Of The best In the United States and will thu, 30
connected by the Sesbosrd and Roanoke Railroad ard Ia
connecting nes with ample extent OF Territory which
will ensure to the road an abundant buslness.
map exhibiting these connections, showing ssO other
lines rapid OF construction, by which
GlnuOus line of railway will soon be extended from NorOk
10 obe and New Orleans the South and 10 the Val
Icy Of the Mississippi at Memphis tho wess bsos
tanned OF the undersigred.
An Exhibit" giving full account Of tho road and hs
affairs, copies OF the bond and mortgage, and the egI
opinions OF Judge John Y Mason, of virginia &c
psnies the map, and may DO obtained upon application
John Palmer Esq, al the Merchants BAni oriO Nessts
Wnslow LsRer & Co, by msii Otherwise, who viii
furnish any further info msion which may be desired
It's confidently believed that the Bonds offered iot
sale afford OF the safest and desirable securities
in the mGTlet
THREE HUNDRED AND FIFTY THOUSAND DOLLARS sFs
now offered for sale.
The amount offered will be disposed OF absolutely
and without reserve to tho highest bidder.
Sealed proposals 10 any amount not less hsa 81 wdi
be received the ofcs Of MeSsrs. Winsow, Laaier
Co until O'Clock on tho thirty first day OF May, 1851
Proposals TO be addressed to WIN5LOW, LANlBRk
CO, 81 WALL.sr., NEwYoRK and endorsed Proposals
for &. 4 X. r. Bonds"
Parties whose bids sre accepted VIII be required 70 pay
twenty per upon the awarded to them i~me-
dsey upon bsng Notified OF the acceptance OF iher bids
and the remainder in equal amounts IN, first days Of
July August September and Ga tOber NEXT but any parry
will be al liberty pay full at Interest will com
merce from the day Vi payment
myl3 i3l WINsLOW, LANIER co. 50 WallsL
MOHAWK VALLEY RAILROAD
w The Books OF Subscription to ths Capital sGoef Of
this Railroad will be opened al the Chemical Back, and
the Office OF Arthur NJ Clifford, 90 Merchants EKchaags