New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-12-03
EnGncidi.
$500. 600 p 9 Il & ( a asl ! A 8 "a

% ~NNsVttO PAINHSVILLE ana AShrA-
BUIA RAILROAD SEVEN PER CEN risiohi JAZZ
sONDs-Seaied Proposals wall be received q. 'ao .oo
-. como,n,,, Agent. Nessr, wiNsLow, LANlER
co " 90 walls. New York. unsl TUESDAY the
18th day Of Dsceu her next ocock M f'r 'ae par
h. C,n,.n,'. Bonds 70 an amount aos eNcsssins
S2Oo.coo
bs Bcd, sre in sums 81 81 e) saca payable ihs '' OIL
rshrra,v 1861 with iniercs. 81 per eeat semi ahauAT
~ the first cays Of February and August IN tns Cf Q,
Nsz YORK v here the pripcI al sum q ase ISt a'''' M
ne secured by frs: sad cly mortgage or de 81 o.
George S Gee Esq, OF Ne~-fors' Ia "''' lot '' '''"
holders.
Th bonds are issued ~ authority OF acts OF the LessA
tue Of Ohio giving special power make the bonds and
to secure them BY mortgage the Road us franchises
and ents and sell the II need be, oeo"
psr MAKING such sale \ valid as II sold At PAT
The mortgage covers cf 100000. Of which &c.,
600 have been sold the remaining s60oeoe etcePg ths
$4,000 offered Will not be offered Tor sac ~ '"e
sprrg ard sumner Of next year
This debt made t. pay for the rsn rsis ana e0"e
neHts
The mortgage covers the line Of road from Ceve-
land east to Pennsylvania State line IN the drecuoa
OF Enc distance of sevenycne miles, known as 'Ae aAe
Shore Road. thirty miles Of which, nom Cleveland 20
Painesylle completed and operation The resi-
due Of the Rosd to the Pennsylvania State Inc VIII De
COMPLETED BY the lst July, 1882.
Thu, company now has the control OF the railroad now
constructing from the Ohio and PeEns ania State Line to
Enc distance Of twenty five aud half mules, making
in fact continuation of the road under one manage
meut This part of the line WILL be completed about the
lst july, l&2
The rssius Of the Lake Shore Road lying between Erie
end Dunkk and Buffalo will scomplsed BY the 18th Of
December next thus giving continuous liue Of railway
som the City Of TO Cincinnati BY the LIST Of July
next
The cost the Cleveland Painesile and Asa
ebua road in working order. including equipments sud-
cient for the entire line to Ere 81 93 Near s'ooee
of Stock has been already subscribed and over has
been expended on the road The subscription list daily
being increased To provide the remaining means to com
plste the road, this loan is res0red to.
The mortgage empow ers the trustee of failure, to
nav either interest principal TO take possession Of the
road and sell the highest bidder It's franchises and
eoupmeats Oh due notice and apply the proceeds in
ment
That this road will prove Of great uSefulne" and
profit will at be by reference t. map OF It's line
and connections being nporan, LAX IN the great cham
of Railways from the City Of NewYorS to Cincinnati and
he Souw St. and also Chicago and Galena IA the north
west connecting the with the New-YorS aud Ere
and Buffalo and Albany roads
railway is also about be constructed from Enc by
way ofSunbuiy. 20 Phlsdephia.
The amount of business done by roads connecting with
il and generally known. tina, further men,
ton need hot he made OF It here.
Proposals may be addressed to Wnslow Laner & Co.
No 50 Wall st ndorsed Proposals for Cleveland
PanesyiIle ard Ashtabua Railroad Bonds"
The sale Will he absolute and without reserve per
cent will be required to be paid when bids are accepted
the residue in monthly payments Of Is per cent each
Accrued interest on the bonds must be paid BY the pun
chaser No bill for less than 81 goo Will be received
All necessary information in relation to the road or the
bonds with map Of the road and its connections
may be had on application TO Messrs. WlNSLOW,
LANIFR CO at Their Office or to the undersigned, at
the living House. in this city.
BY order of the Board Of Directors.
ALFRED KELLY, President.
Nauyo,t Nov 81 lR5l n26 tDl6