New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-06-25
TNION MUTUAL LIFE IN


DENNSYLVANIA COAL COMPANY
q $500 900 SEVEN CENT COUPON
MORTGAGE BONDS-Scaled proposals Will be received
at the Office of the COMPANY wat in the city OF New
York until Wednesday, the 25h INST, at BPM Tor me
Ioan # no, less than par Of the whole any part OF
s9eO COO on bonds Of The Company payable al their o.
fee i the CIV of NeWNoIk, the first dav of August
1861 the Of said loan 90 be received IN four equal
salmens twenty per cent each, onthe hst DAY oI
Jly August September and Octobern or the same may
n, pnd IN fun any time, az the option oi the hodef
These bonds are issued hy virtue Of an Act Of the Logsa-
,,,rc Of Ponnsylyana, winch rs as follows;
"Sf- That II shall Dee lawful ior the President and
Managers If the Pennsy Coal Company from n' 10
anne and AZ all times t0 borrow or to obtain on '' sue"
sums If money and on such terms rs they may deem eIpe
aen for the of sand Company. and To pledge anu mort
sag, all or any part the estates prote uentS privileges
effects and assets whatsoever Of the SAID Company lot 'e
r,paymcnt If sand sums of money 80 borrowed" d" SUI"
times as NAV be agreed upon
The Bonds are dollars each win coupons INC
pnent Of interest on the lst day of February and August
IN each year n, the Office Of the Company IN the Niy I'll
NenYork Interest viii Ice allowed from the time OF pay
mont ~ the several instruments The bonds are specially
secured hy mortgage 10 William + Haveme'er h"'e'' u
Nnturn and Moses TAYLOR Trustees for SsOOVc upon INC
rrleges the Company and their w" lines 'i h"l'oSu
with It's appendices. such - banCh-tacNS engines cars
canal basins docks workshops, sorehouSes &c no" COM
yletsd aBS costing IA cash. Sl6)' loo ana upon """ ~
Is no other mortgage OF lien.
The Comuan, tive lines of Railroad are about - m'ss
long each extending from the Delaware and Hudson Canal
nj Hawev IN Wune County, to PitiSton ON the Noith
Branch Canal and tbt SuSQuchanua River. IN the COUNTY '
Luzernc where she principal and large Coal deposits OF INC
Comrsoy Ar, located The COMPANY have received;
On Capital Stock -. ~ S-'>'
On Bonds held by Stockholders ana V0h''io an, oa.
nu aqua, y, ~ ,u Cap,tal stock ... l32.7s0
NJ. ~, .,,,a, If means of SO 100000
A., uh,., ,,,. have ,,,ended upon the road and
W wsSn rnTs nav rs ssoTe s.a,d SI657,l6o
fT9sC Canal boats 10 ''NS '""'' 4Aslh
For coal and other lands 49,
Making an expenditure for LANDS and pen"h'I Ii -eo ,os
IMPROVEMENTS ul.
The COMPANY are now producing trom th'I h'"eN an"
bringing 20 the New York market d, their Railroad SS me
Delaware and the rate OF SvVo 'nhs o. VA
dor the present YEAR and the Loan OF >'VV'V
foT which proposals are noN myted chefy "an''"''
provide additional canal and ether Improvements 'e
CURED for the large increase OF business contemplated iv'
the ensuing year and the residue u the Bonds TOT "hos
the norteaee provides VIII De issued hereafter t,S1SS'
"a facilitate and further extend the business OF tAs N
panV L. meet the capacity OF thtr WORKS fEogOSs WA
4, Endorsed Proposals ior loan Penns' wanna No' N'i
pany $4,000, -, .-.,,.s,,,o -
ANY further nioato may be obtained on aps.Sa'n 20
thtrU f the imdtrScuo1 OF az the once ~ we NolpN
Trad HAMLEN, ROhtkl MiN NNN'
MOSES TAYLOR, DANlkl fehitSSnt
Nm X GRIFTITH JOHN EVEN
q - Ia