New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-07-03

The INDJANAPOIIsan and BELL EFONTAINE RAIL
ROAD MORTGAGE BONDS SEVEN PER CENT.
je28 5tis wINsLOw, LANIER * co, 81 Wall-st
WILMINGTON and MANCHESTER
w RAILROAD-S3oo.GoO seven per cent MORT
sasscrb oo aa TURSbiY The 10Th day Of July
fr hundred thousand dollars OF the hrst ana ohy
yoad Comany bearing interest at the Of per
cent rer annun principal and interest redeemaole N the
The Bonds are IN sums Of 81 900 each with coupons paya
bic Merchants Bank Few-York on the Isl Decen
her Isl JuHe in each convertible INTO the capital
stock Of the Company at the option % me holders MI
They issued under acts Of the LEGISLATURES ~ N9sn
Trust 10 Edward Sanford, ESD, Of New-fofk' Ia Trust
~ re he Decd Of Trust covers the entire line Of the Road
completed and TO be completed from Wilmington IN ~ ~
to Manchester IN c. distance 81 loz ineS, soa oas
when completed with heavy raj ana eqppe, sIooVoOv
The extraordinary adapodness OF te country 10 'he coh
srnction OF railway accounts ior Is S c los f,u ~
ament of principal interest TO take possession OF the
entire line 81 R9aa wm ts sa NJ ms discretion to the
highest bidder for cash, to pay arrears 81 pnnopa or M
The whole amount Of bonds authorized 70 be issued by
vote ofhe stockholders at meeting called Tor hst pup0s
in April last and order OF the Railroad Board soJO
~ raise means to pay residue Of the rails and equip
ments only $500 600 Of which offered TOR sale
The Company viii owe no other DEBT when the roau
Tbs road will prove important Ink in ,he great cham
Of railroads from Boston, New-York and Pmlelphia 70
New Orleans, connecting a: Wilmington with the halegn
and Wilmington Railway, now IN successful operation az
from Charleston the direction Of Montgomery AaiIna
now the receipt ofnear million OF dellars annually rom
business viii AVOID the present dsasreeabe sea VOYAGE
from Wilmng Charleston shorten the travel to New
Orleans one day time facilitate the mss and VIII bring
the South IN more immediate ana urec' VIII"
the North. -.,.o,so...A
IT'S easy grades thirty feet to the mlc freedom
from curves ard cheap construction such as to put 1t be-
yond the competition of any other line OF road Tor me IN
ense inland travel between the North and NewOreans
The greater Part OF tbs Road the most popaon'
and fertile portions Of South Carolina, producing coon
sc m
the census of 1850 shows that the district of country
which will be tributary 20 this Road and dependent on 1t
for transportation TO market, produced 9i9 seventy thou
sand bales ofcoon weight each OF 430 Ds
The Company has million Of available stock subscrb-
ed most of which has been paid and applied to consirnc
Company S2OoOoo subscribed by the State of NorhCaTo
It's estimated that the net annual profits VIII reach 70
onehaf If the entire line has been graded and
III m ready rEHsfes heng N The course e delivery ana
The entire line is under grading and bridging
and in a forward state toward completion
SA Thousand two hundred tuns iron RAILS pattern nave
been purchased and are in the course of delivery
About S7GOOOOaas already been expended Id 'osrcoh'
including payment for the rails purchased
will he completed and IN operation IN the Fan OF tins year,
The managemer. tins Road highly respectable and
competent hands Ne work IN the south undertaken OF
For further and particular formatI1a we refer 70
printed Exhibit ewing iu details OF he i'oso anu n'S
fars which contaaSa Map OF TIE une with us many com
nectons copies Gie Bond aud MortEse opn,n OF Ceu-
~ Gen. W W. Harlee. President OF INC
COMPANY which be obtained on Application AZ the Of
fee of the Company a Wilmington G or OF the UNDER
signed by mall otherwise with ,ther information de-
sired. n, ,..
We deem the security a desirable The States OF
North and South C2rina, and the various corporations
chartered within their limits which have been borrowers OF
money have uniformly and under the most adverse eirc-
those S9tesss always taken high ground IN
regard 0p1nCtual hhneni OF public and private pee "na'y
obligations. .
The $500 600 will ne disposed Of absolutely and without
reserve to the highest bidder -, =. ooo II,
Sasd proposals. any not less than 81 800 WILL
be received at the Office III the undersigned uhI too"
on the 10Th of July proximo. - 49,. >,,,,, .
PROPOSALS 10 be addressed 10 WlNSLOW, LANlER
co 50 Wall-st New York endorsed PROPOSALS FOR
W l. MANCHESTER RAILROAD BONDS
Parties whose bids accepted VIII be required 70 pay
twenty rer cent upon the awarded 20 them upon
mainer 10 equal the first days Of Septemteri
October November and December next but any party VIII
be liberty full at II desired Interest VIII
commence from the day of payment
ie9 TWO WINSLOW. LANIEE co. 30 Wall-st
MANHATTAN SAVINGS BANK
1Va the purpose of accommodating those who may
wish depose with tins nStituOn the trustees nave ny
resolution deced that all money deposited on or before
10th day Of Jelly next will be eated u interest from
the s the deposited at that tune and all money
deposited from the 10th to August lsi TO draw interest
from the latter dat. 80.
Six per cent interest Will be allowed on ali sums OF $500
and under
AMBROSE G KINGSLAND, President.
EDWIN J. BROWN, LIST Wee President.
GILBERT CLELAND, I'd Vice President
A \. ALNORD, Secretary.
James HaIer Enoch Dean Edwin D Morgan