New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-02-27
FINANCIAL.
NEW-YORK AND LIVERPOOL U.
1.-TWO HUN DRIED THOUSAND
II DOLLARS SEVEN PER CENT MORTGAGE
D0'O' CENTRAL OHIO RAILROAD.

Messrs HAGGERTY DRAPER Il JONES viii offer for
sale at the Merchants Exchange, on WEDNESDAY, @ou
inst al y o'clock Two Hundred Thousand Dollars OF III
Bonds Of the Ohio Central Railroad Company, bearing
erest the Seven per cent payable semi annually
at the Office OF the Ohio Life and Trust Co. in the City OF
New-York and the principal reimbursa0le in ten years
These Bonds are portion of issue Of Four Hundred
and Fifty Thousand Dollars proposed TO be made, to s.
cure which first AMI only mortgage has bsen made 10
Mr. George Coe, Cashier OF the Ohio Lie and Trust 20
In Trust The Mortgage covers the entire line OF the RoSd
between Cou nbus and Zanesvie5si miles-with all its
properties and appurieuances, equipage, depo depot
lots sc &C. and convertible INTO the stock OF the Com
pany al par al any before their maturity.
The undersigned confident that these Roads offer
safe and profitable opportunity for investment any
which have been In the market and that they present
peculiar claims upon the attention Of capitalists
The fret division ofthe Road from Columbus to Zanes-
VILE 5si miles upon which the mortgage Is sliens all
der contract the grading and masonry Of some sections
being already complete and the re rapidly progressing
The Chief Engineer expects have the Is miles
GAINESVILLE and Newark ready for The rail by May next and
the lance Of the line by Augustor September next
The line between GAINESVILLE and Wheeling, where the
road viii form connection with the Baltimore and Ohio
Road is under survey. To build this Eastern extension
there have already been subscriptions made by Wheeling
and the adjoining counties the amount OF $4,000 The
Directors believe that the full amount will be made up by
individual and other county subscriptions soon as they
are ready to put the Road under contract.
The estimated OF the division between GAINESVILLE
and Columbus fully equipped is $4,000. The subscnp-
ions guaranteed By he Directors $4,000 eay.
ing $4,000 which is proposed raise by these Bonds
Thus, when completed the entire Road Depos Equipage
&c costing than amount Of the Bonds will
be held security for their faithful reimbursement
In regard to the location of the Road is believed that
none more favorable exists In the West
At Columbus, the Central Road connects a. the same
depot with the Columbus and Xenis and the Cleveland
Columbus and CinciLn Roads The Colu nbus snd Xens
with the little Miami Road, distance Of lls miles
makes railway connection with Cincinnati Byte Lin e
Miami Road to Springfield connection is had with The
Mad River and Lake Erie Road also Ia success0 opera
ton II 10 also contemplated extend the Columbus an
Xenis Road from Xenis 10 Dayton where a second con
necuon will be- had with Cincinnati by the Ciacion.,
Hamilton and Dayton Road-which IL rapidly progress.
iEg Al Dayton alsO connection will be made with The
Dayton and Greenvie, and the " Western Roads Fol
lowing The latter The line connection will be had
with the Tene Hsute and Richmond Road lertsndet .
which, passing through Indianapolis tho whole
width Of the State Of Indiana and Tere Hanie con
with the Atlantic and Mississippi Road, stretch
Ing ST. Louis.
At Columbus also, lhe Central Road will connect with
the Columbus, PquA and Indiana Road.
Al Newark, the Cenua Road connects with the Cou,n
bus and Lake Erie Road which furnishes railway COM
muncsiion with SanduIky AID Cleveland.
Al the Eastern end The connection a. Whesag with The
Baltimore and Ohio Road viii secure 10 the Ohio Centr.
Road large rsc In The cattle horses hogs, grain eour
and other products seeking outlet to the Atlantic BV
this line The route To the seabOsrd some forty miles neare
ihsn by any other line, and this disreuce will command
the uAfhe Of large area Of the richest portions Of Ohio
The convertible feature Of these Bonds 10 very vain
able cue the stock Of he Road must ultimately become
one ofIhe best In the country
An e1hbi and Map, showing the location Of the Road
and giving u particulars Of the condition Of Us affair. and
lie prospective traffic may be obtained Of the undersigned
The terms Of The sale per cent Al the time OF pur
ehaIe and The balance In equal payments al one two three
and four months with the option Of making the whole pay
men9 al one time, with interest from the tine Of sale
GILBERT K JOHNSON
=" 81 WAllst
fs-Ihe undersigned, having received full and ssus-
factory security FOR doing are prepared to guaranty the
P-yme1I OF he Interest on the above Bonds uuul tho
eompiouon Of the work embraced In the MORTGAGE
GILBERT a JOHNSON.