New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-05-20
FINANCIAL,
Ses5ot-i az EosroEs Railroad
mr. -

sessot-i t-e EotroEs Railroad
&35O.OllO . S6yEY PER IRE. CEN IN;
proposals. v be received ~ The ,u's-r5ers Until ss1r'
day, ite5s.s Gay OF Nay Instant f1r THREE HUNDRED
AND fifty THOUSAND DOLLARS Of ZOE 6r's nd
OILY xorsaee gooc, u re sssboGrd Z Roa1oke Raj
road Com sry bearing seven per cert p7r laaun Interest
ard reieeusbs ~ The Merchants GsnE 10 ne Cyof HeF'
York, on he Is. Of August l-
These Boadac-e IL t-rss q f') ea-1. wa co-77lt
attached payable 81 the Merchants Sslk. 10 20 Ciy Of
New-Yoik. CO he LAT Of each February AID AssaIi
These Bcr1s ere ist1e1 under nahory ~ specs. sea
OF the Leeisslur4s q virginia aa5 North csrous znd
are secured by mortgage executed 10 Jcta Palmer
Eco ofthe CRY OF Ns YORK 70 t-l.l for The 1rdhotsr'
Ttlsmortgsee covers the entire Inc Of he Rosd from
Norfolk Virgins. - South CASTOR re Roanoke river q
Eor.h.Csroins distance Of ~ miles which IL hsyecosL
when completed, incsdsg NJ original 0aaIy over S5''
Co-s-d The uusse Is empowered IN case CT ti1iy days
default IN the Tayneat fiatre, or principal Of ne oouii
to tske possession o. and tc 90 Who O. any pa1 OF
the same including the franchises income and properly
OF The Company Of every description, nov sc44ret or
hereafter 70 be acquired.
The whole amount OF he Bon5I authorised 20 be l'iued
Ia four hundred thousand doArs OF which ihs amount
row offered fer sas has been issued By tie Company IN
payment principally for The heavy rails With which l1s
Company 10 now reiaying their track.
This heavy rail for the whole disls'ce, 80 miles, is
company actively eDgsGed in laying down tie remainder
sous 10 complete the line 10 Wedsn, 30 miles 10 July OF
The present year and South Gaso0 go milsi, by he
cOte OF the yeAr.
The Sesbosrd L Roanoke Railroad forms part OF tho
Great Southern Route from New-Yofs, Philadelphia and
Baumore 10 EeW-Orlesrs iu connection with The Inc
Steamers running from Baltimore to Norfolk
Inc OF Steamers 10 noE ruuriag from Philadelphia 10
Norfolk
Laf fflt II
Eew-York TO Noros 10 commence rlnuizg early IA July
next One Of thsse lines Is be Of tbs frat cass Of pas
Ecnger steamers 0 tuns burden ard tie other line Of
prcrelers
The connections OF ibis Road such TO secure Tor II
ample amount OF business; uliles a. Weldon with the
Railroad Wilmington, 100 mies IN length, which hss
just been resld with heavy rail-; Il unlseS al South
GSsion with TIE Railroad to Raleigh IS miles long which
10 also about TO be re- aid with heavy 7 raj.
Al South CASTOR viii receive tie immense roducous
OF The aud fertile valley OF the Roanoke, wai:a
brouRht thu. point by The R1snoke Navigation CON-
psny who have expended four hundred thousand dol
lara IN improving The navigation OF the Roanoke and ia
lribuuFss
Tls hsrbor OF Norfolk and Portsmouth Ia well known 10
be Of TIE best Ia he United slses, ard will haI BE-
connected By Tie 5esbosrd and Rosnoke Railroad and J
connecting lines with pie extent Of territory, which
vii ensure TO the road an abundant busineEs.
map exhibiting these connections showing also other
lines row in rapid OF construction, by which
unuous line ofrauwsy will be- extended from Norfolk
to obue and NewOfesuS on he souIb s1d to the VAL
ley Of the Mississippi Memphis tho West, NAV be o.
tanned Of the undertigred
An Exhibit" giving fuii acc OF tue road and ia
afars copies Of the bond ard mortgage, a1d the legN
opinions Of Judge John Y Mason of Virginia &c accom-
panes the map and may be obtained upon application 10
John Palmer Esq, At the Merchants Bank or 10 Messrs
window, LaHer Co, by mail or otherwise, who viii
furnish any further info mstion which may bs desired
1t lis confidently believed that the Bonds offered Tor
afford OF the safest and most desirable securities
in the nsriet
THREE HUNDRED AND FIFTY THOUSAND DOLLARS
row offered FOR sale.
The amount offered wiz be disposed o. absolutely
and without reserve 10 the highest bidder.
Sealed proposals 10 Any not less thaa $1,000 will
be received The Office Of Messrs Wnslow, Lanier
Co until 8 clock the thirty first day Of May, 1851
Proposals 10 be Addressed to WlNsLoW, LAHIERS
co 81 WALL.sT., New OK, AID endorsed "Propossl'
Tor s s. r r. Bonds"
Parties whose bids nre sptsd VII be required % PeJ
twenty per upon the ut awarded othsm imme
dise upon being notified OF the acceptance Of to"r D1s
and the remainder ia equal amounts OF u' nfs' DAYS .
July August September and DC toner next BET any parry
viii be al liberty pay in fu al once. Interest VII eon
merce from the cay Of pay meut
uylSSl WINsLOW, LANlER CO % Waist
CHICAGO and GALENA TEN PER
OCENT RAILROAD BONDS, G@5.OO0.-1ne sui
.Cher ogos for tse S5NNe o. The Bouds d tne Cncas
80 asieus Railroad bearing Ten per cenA lnleresi
under authority rom tie Legislature p,yshle 10 See
YORK and he principe convertible in The f1ock OF zoe
Company Guy Cme within four yeNs
This Ross forms uis IN he great chain OF roads uoH
tie Atlantic ciss tha Hisasppi River eno Possesses
RsC very valuable Oca traffic ITS one oi me chespeH
road, 10 kS world having cost but about $uV per nile
10 Elgin to which place II IL completed rom Chicago
IL t.a and az