New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-12-16
$500. 600 ,c,k,Ey,',s l.; ND. ND.

BULA RAILROAD SEVEN PER CENT yMORrGAGI
BONDs-Sealed Proposals ~a he At the afhcs 4
the Company Agents. Messs wINsLOw, LASIER 4
CO. No. 81 wali-st.. New YoEk. until TUESDAY the
18th dsT OF DsceG Der aert at O'Clock NJ far tas par
chase Of tie Company BsHSs amount nss srcessex
$ao.os.
THE Beads ar. sums Of 81 eos escA payable the la 4
February 1851. with interest per cent ssaas
the Ant Gays Of February and August IN the Cy Il
New -forh where The prnclI Al . alec payable, sal
secured By first and oay mortgage deed OF 70
George Coe, Ess Of New York IN trust for the boad-
holders
The bonds issued BY authority acts u the Les,ssa
Of Ohio. giving cal power make the esads ana
secure them BY mortgage the Road. franchises
and equipments. and to sell the same need b. eelo.
par making such sale as valid as If Sold r par
The mortgage u 500 os, Of Which tiN
90 have been sold the remaining sssoee (srcspax s
s9co eoo now oered) Will be cferee for sale unts he
sprIns and summer Of bsIt year
This debt 10 made pay for the irsa rails sgsls-
meRts-
The mortgage the entire limo Of road non ClsvS-
land PennsylvAnis State line drsessas
Enc distance OF seventy one miles known the Lake
Shore Road thirty miles OF whch, fron Cleveland q
Painesvle Is completed and in operation The red
due Of the Road to the Pennsylvania State has viii 10
completed By the Is, July, 1854
Tn. company has the control Of the rairosA asv
Ere distance Of twenty eve and half miles making
in fact the road. under manage
meut This part Of the line VIII be completed about he
iS July. 1885.
The residue Of the Lake shore Road lying between Is
and DunkiTk, and Buffalo Will he completed BY the i3tA
December next thus giving continuous line Of rnl~Sg
from the City Of NswYokss Cincinnati b. the iss OF July
next.
The estimated Of the Cleveland pa:nssve and Ash
tabula road working order Including equipments san
cieat for the line TO Ere is 81 Sl93 Near Srne9
OF Stock been already subscribed and 500 Os s
been expended the road The subscription list daily
being increased To provide the remaining means 10
pleis the road. this loan Is resoried to-
The mortgage empowers the trustee. Of fisrs
pay either principal take possession Of The
road sell the highest bidder, It's franchises ana
equipments due notice aud apply the proceeds par
ment.
That this road will prove Of great usefulness and
profit viii be BY reference to map Of is line
and connections being inporsai link in the great cha
Of Railways from the City of NewYork to Cincinnati. and
the Southwest and also Chicago and Galens in the north
west connecting the with the NewYork and Ere.
and Buffalo and Albany roads.
Ar,lway also about to be constructed from Enc. ~
way ofSunbury, 60 Philadelphia.
The amount of business done BY roads connecting wsh
it east aud generally Known, that farhss msn-
ton need not be made OF It here.
PROPOSALS may be addressed to Winslow, Lanier o.
No 50 wal-st indorsed " Proposals for Cleyelasd
Painesville and Ash,sbula Railroad Bonds"
The sale will be absolute aud without reserve Is per
cent will be required to be paid when bids accepted
the residue IN monthly payments Of Is per cent each
Accrued interest the bonds must be paid By tho
chaser No bill for less than 81 900 will he received
All necessary information relation to the road the
bonds together with map Of the road asd its connscoH
may be had on application to Messrs. wINsLow.
LANIER 4 co at their Office. or to the undersigned, u
he Irving House, In this city.
BY order of the Board Of Directors,
ALFRED KELLY, President.
New-York, Nov. IS, 1851 MO tDN