New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-02-28
TWO HUNDRED THOUSAND
y DOLLARS SEVEN PER CENT MORTGAGES

CENrRAL ONO RAILRoAD.

CENTRAL O4ilO RAILROAD.
Messrs HAGGERTY, DRAPER Jones viii Ter 81,
sale a DE Merchants Exchange. on "WEDNESDAY, 2ss
int stiseeoes' Two Hundred Ta1asaaa Dollar, Of hs
Bonds Of the Ohio Central sarosa Company bearing IN.
eIesl al the raIs Of Seven per cent payable semi annually
the Office OK the Ohio LIE ard Trust Co. IN the City q
Eew.York and tie principal rembursabls ia Ten years
These Bonds are portion Of an issue Of your Hundred
and Fifty Thousand Dollars proposed to be made % -.
which first ami only mortgage has been made ~
Mr George Coe Cashier OF the Ohio Life and Trust Co
in Trust The Mortgage covers The enuIe Inc Of The Ro.i
between Coa rbas and Zauesvile 5i mileswi.h al ls
properties and appur,enances equipage depots deDo<
lots &c 6c and convertible into de stock OF tie Com.
pany al par a, any time beloie their maturity.
The undersigned sie confident that these Roads OFF, A
safe and prostable opportunity FOR Investment a. szy
which have been The market and thai they present sors
peculiar claims upon the attention OF capitalists
The frst division ofthe Road ffom Columbus ZaEes.
vile, 5si miles, upon which the mortgage alsah ali IN.
der contract The grading and masonry Of scosa
being already complete and the rapidly pFogesa.ng
The Chief Engineer expects have the q miles between
GAINESVILLE and Newark ready for the rail- BY May nerL ara
the balance OF the line by Augus,Or September next
The line between Zsnesvile and Whesing where The
road will form a connection with the Baltimore and oha
Road Is under survey To build this Eastern extenlsou
there have already been subscriptions made by Wheeling
and the adjoining amount OF $4,000 Ths
Directors believe that the full will be made up bp
individual and other county Subscriptions lhey
are ready to put the Road under contract
The estimated cost OF the division between Zanesva
and Columbus fully equipped, is $4,000. The subschp.
IONS guaranteed BY he DeetOrs amount to s'l7eo eas
ipg SS1o00 which proposed 10 raise by these Bontx
Thus when completed, the entire Road, Depots, Equpags
&C. costing than tccs the amount Of The Bonds WI
be held as security for their faithful reimbursement
In regard to the location Of the RoadWis believed n1
none more favorable exists in the West
Al Columbus the Central Road connects, Al the salne
depot with the Columbus and Xenis, and the Cleveland
Columbus and Cincil natl Roads The Columbus snd xena
with the lte Miami Road, distance Of la miles,
makes railway connection with Cincinnati By re Little
Miami Road TO Springfield, connection Is had with ne
Mad River and Laie Erie Road also In successful opers-
uou II IL also contemplated to extend the Columbus and
Xenia Road from Xena to Dayton, where second COZ
nacion will be had with Cincinnati by the CiacinnaAl
Hamilton and Dayton Road-which Is rapidly progress
ing Al DAYTON sso, connection will be made win ne
Dayton and Greenyille, and the Western Roads. Fob
lowing the latter the state line connection VIII % nad
with The Terre Hsute and Richmond Road lsA'sndsdi
which passing through Indianapolis uaVe'ses mo whole
width of the State OF Indiana and al ferre hSe cone
meets with the Atlantic and Mississippi" Road stretch
Ing to St. Louis ,,.......,-.,.
,hs Columbus. Piqua and Indiana Road.
AtNewark the Central Road connects with The Colun'
bus and Lake Erie Road, which furnishes railway cons
municatou with sandusky and Cleveland.
The Eastern end the connection al Whosing with he
BALTIMORE and Ohio Road will ~ the Ohio Central
Road large traffic In The cattle horses hogs, gfan, nOar
and other products seeking an outlet to tho Atlantic By
the route to The seabosrd Is some forty miles neae
than by any other lne ard this difference will command
the traffic Of large Of the richest portions OF ono
The convertible feature OF these Bonds 10 avery vta
able one az the stock Of Road must ultimately become
one ofthe best In the country.
An exhibit and Map, showing the location OF Ine Road
and giving full particulars Of the condition OF its affairs and
its prospective traffic may be obtained OF the undergoea
The terms OF the sale per cent al tho time OF paf'
chase and the balance In equal payments al one TWO fee
and four months with the option Of making the whole pay
meut at one time with interest," from the time OF SAFE
GILBERT JOHNSON,
| 2lfn % "Af'l
Ps-The undersigned, having received tdl and ssas'
factory security for doing, are prepared 10 guaranty a
pavment of the Interest the above BONDS un" 'a'
| compilation OF the work embraced 10 tho Mortgage
| GILBERT l. JOHNSON