New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-06-18

DFNNSYLNANIA COAL COMPANY
4 -S3OO.OCO SEVEN PER CENT COUPON
MORTC AGE BONDS sealed proposals VIII be- received
At the olc. 81 the Company, wlit n the city OF New
N1rA. un, wednesday. the 18th INST n ; PM Tor the
loan at le,, than par Of the whole OF any part u
sgooOoO the bonds Of he COMPANY payable q, their Of
zee BOO ue Cryof New Dr., the inst da ot August
1891 uc proceeds of sad Loan 90 Dee received 10 four equal
instruments twenty-five per cent each, on the t aj o
JUL, August September anl OstobernrNt or the same nay
rad In fun az any tue. %, the option OF the holder
These bonds are issued BIZ virtue of an Act OF he Les'iA-
ture If PENNSYLVANIA. which IS as follows.
SE. That 70 shall boz lawful for the President and
Manager, II .e Peun,,gua Coal Company from time 90
time and 70 all times O. borrow or 20 obtain on loan, sloh
sums of money and such terms, they may doem e'2s
dent f5 tie OF sl Company. aud % pledge and mort
gage or any part of te estates improvements privileges
ELECTS and asset, " hA.socYor. Il tho sad Company, ior the
rrpaymea: Of said 1f money So borrowed al such
time, A. ina, be- agreed upon"
Thr Bonds aye iJr 1000 dollars each, with coupons ihe
aynen, II interest the 10 day II February and August
IN each year a. the Office II the COMPANY IN he CITY Of
New York Interest Will he allowed rom me me % pay
msut ~ the several Es'aluents The bonds are sP''aly
secured t, MORTGAGE % William Hayemeyer. Robert d
Atntur and Moe, TAYLOR Trustees for sGoO)00 upon the
privileges u tho Company and their TWO lines of Railroad,
with 10, aopendaees such rs branch-tracNs enEnes cars,
caaa basins docks workshops, storehoises &c no" eo'a
plstd aag costing IN cash. 100 adj upon which there
Is no tthe1 mortgage OF Len
The Conlpany two lines u Railroad are about q niles
u< each extending the Delaware and ldson Canal,
AZ Haaleg ia W4.ne County % Pltsioa' On the NORM
Branch Canal ani Srsuehanna RIVER IN the County -
Tzere where Dac pal aud laree Coal deposits Il the
CONTAIN. are located Ths { mpany have received
- So. ......--...- 8 ,l29
on Bonds held Dol stocst ol4-fsi and tnh'oilD' c ~.
A. i t, ~, a. 800. OIL C.Ytal SUD- l327S9
-. ,,,,s,a.e 4 means. Of .....-... s3OOoOo0
OF Theh 'as. h.'s a. Ssfor- ssts se57 10
For 10 ana Boat. - each. and opening 40 60,
r.ill.f. - fb,- land. .--.---.-....---- o31,8l4
N.sng IN expenditure g.. lands aud permanent 80, -,
Isur0s cucats o. ''i-
The Con-a any are now producing from Their mines and
nrz 10 The New-York market b. Their Raroal ana ne
De yare AID HulsonC ~ the rate ~ 30 90 ti oi 'VaI
FOR The business ofthe PRESENT year and iAs Loan u s'o''
s b --o-o.als IRE low invited. chiefly wanted %
rr,,-,ls tnaI cana5at aud Dihef Improvements re-
orsl f tie large Ecree u business coniem g.a'ed if
tn er,r- year and rhe residue Of the bonds Tor "hch
the mortgage provides VII b. saed hereafter Il required
- facilitate ara further extend tne business Of the Coa1,
an N met the capaclif u then NOfAs FfOss IN
= ,ueoreet Proposals 0s loan pennsylvania OoA Coh4-
pany - b., - ,, ,,..tio, p.
either u the undersgn-d, or a. ne e1lSs ~ ~
Trad HAWLEY ROBkkI MiNICkN,
on