New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-03-01
TWO HUNDRED THOUSAND
II DOLLARS SEVEN rER CENT MORTGAGE
CENrRAL OHIO RAILRoAp
BONDS

CENTRAL OHIO RAILROAD
hessrs HAGGERTY, DRAPER K JONES viii ofer .,
sale al the Merchants Exchange on WEDNESDAY, ssA
inst at O'Clock, Two Hundred thousand Dollars Of IL
Bonds Of ne Ohio Central Railroad Company, belrngia.
eresi al the rate OF Seven per cent oay.5s semamaAy
az the once OF the Ohio LIE and Trust Co. IN the City Of
Newly H. and the principal reimburssble IN ten years
These Bonds portion Of an ssue Of Four HUNDRED
and Fifty Thousand DoArs proposed to be made 10 -
cure which fret ami only mortgage has been made o
Mr George : Coe, Cashier Of the ONO LIE aud Trust Co
in Trust The Mortgage the enne ne Of the Ro.a
between Colu nbus and Zanesyie-ss mle.-vsith al d.
properties and appur,eaances, equipage depots deps
lots sc &C. and convertible INTO the stock Of the Con-
pany al par a. any the before their maturity
The undersigned eonhdeot that these Roads oSar A..
safe ard profitable opportunity Zoe inye.lms A. .,v
which been in the market and that they pneen, ,o
peculiar claims upon the attention OF capitalists
The first division OF the Road from Columbus 70 Zans.
Vile 5si miles upon which the mortgage is euh al u
der contract the grading and masonry Of sons section.
being already complete and the est rapidly progresny
The Chief Engineer expects TO have the % miles between
GAINESVILLE and Newark ready for the rail by May merit ana
the balance ofthe line by August or September next
The line between GAINESVILLE and Wheeling, where IL,
road will form connection with The Baltimore aud Ohio
Road is under survey. To build this Eastern extension
there have already been subscriptions msde BY wheeling
and the adjoining counties the amount OF $4,000 The
Directors believe that the full amount will be made ID BY
individual and other county subscriptions hey
are ready to put the Road under contract.
The estimated cost of the division between Zanesviue
and Columbus fully equipped, is $4,000 The subscnp-
ona guaranteed By Es D1eetOv amount to s57oo leay.
ing $4,000 which is proposed to raise by these Bonds
Thus when completed the entire Road, Depots Equpage
&C. costing than tsotcs As amount Of the Boad wiz
be held as security for their faithful reimbursement
In regard to the location Of the Road Ia believed hs
none more favorable exists in the West
AT Columbus, the Central Road connects, nj the sane
dkpot with the Columbus and Nenia and the Cleveland
Columbus and Cincinnati Roads The Coum snd xeus
with the little Miami Road, over distance OF ls miles,
makes railway connection with Cincinnati By the Lille
Miami Road Springfield, connection Is had with ha
Mad River and Lake Erie Road also In successful oper
ton 1t s also contemplated to extend the Columbus and
Xenis Road from Xens to Dayton, where second con
pection will be- had with Cincinnati, by the Cincinns.
Hamilton and Dayton Rosd-which is rapidly progress
izg Al Dayton, also, connection will be made with he
DAYTON and Greenyille, and the Western" Roads Fol.
lowing The latter the state ne connection VIII be hs9
with the Terre Haute and Richmond Road lextended
which, passing through Indianapolis trsverses the whole
width Of the State OF Indiana, and at Tere Hante cons
meets with the Atlantic and Mississippi" Road, stretch
Ing to St. Louis.
A. Columbus also the Central Road will connect with
the Columbus Piqua and Indiana Road
At Newark the Central Road connects with the Colum
bus and Lake Erie Road which furnishes railway CON-
municanon with Sandusky and Cleveland.
At the Eastern end the connection al Whesing with tho
Baltimore and Ohio Road will to the Ohio Central
Road large traffic In he cattle, horses hogs grain, nour
and other products seeking outlet to the Atlantic BY
sne the route to sesbosd forty miles nearer
than by any other ne and ths difference will command
the traffic Of large OF the richest portions OF ONO
The convertible feature OF these Bonds 10 avery vaa-
able one a. the stock of the Road must ultimately become
one the best in the country.
An exhibit and Map showing the location OF the kosd,
and giving full particulars OF the condition OF It's Affairs and
,ts prospective traffic may be obtained Of the undersigned
The terms Of the sale per cent al the time OF par
chase and the balance In equal al one two three
and four months with the option Of making the whole pay
ment at one time with interest from the time OF sale
GILBERT 4 JOHNSON,
2lfn 50 Wallst
Ps.-The undersigned, having received fuu and saus-
factory security for doing prepared to guaranty he
payment Of the Interest the above Bonds until the
completion OF the work embraced in the Mortgage.
GILBERT Il JOHNSON.