New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-11-29
$2OO.OOO , cLEyEL l.; ND,

BULA RAILROAD SEVEN PER CENT MORTGAGE
BONrS-Se-lsd Proposals all be received the fire Of
the COnp.By's Agents, AessTs wINsLOW LANIERh
co No. q wall-st, New York. until TUESDAY. IA.
ietL daV OF Decor Der nelt al clock NJ for the par
ehsse Of the Companys Bonds amount no, etceeGs
t7to.CC6.
The Bonds are in surs 4 81 COZ eacA payable hs Is, u
F.br1aiy 1851, vah interest PEI cent. aaalany
The first Gays of February sad August the City o.
New fork where he prmcIal sun ako payable. AID
secured ~ drsi and oR mortgage or deed Of uss 70
Gcorgs Cos' ESQ. Of New York. for the bud
holders.
n bonds issued by authority Of acts Of the L.-,
OF Ohio giving special power l. make the hoass ana
secure them BY mortgage The Road is franchise,
and csag nts, and 20 sell TIE saas II need M below
par making such sale Is valid as II sold at ,a5
Tie mortgage issue OF 500 &C., OF -AA Sloe
Coo have been sold the remaining SeoIs ts1cep,ne the
s2to 0co now oeered) vii no, be offered for sale asu III.
sDnrg an sumner 81 next year.
TINS debt made 10 pay lor the nsn rails e,gip
menS
The mortgage tho entire line OF road from Ceve
land east 20 the Psnnsy STATE ne the direction
ofEne distance ofseventy miles, Known the Lake
Shore Road. thirty miles 81 which, from Cleveland 10
Panesvlle. is completed aud now operation The resi-
due If the Road 10 the Pennsylvania Stats hae Wall Be
completed by the lst July, 1872.
company has the control Of the railroad
constructing from the Ohio and Peinsy State Lire 10
Erie distance Of twenty five and kali miles, u4sias il
IN fact continuation Of the road. under mlaage.
ment This part Of the line viii be completed about the
ist July. 1854
The residue OF he Lake Shore Road, lying between En-.
and Dunkirk and Buffalo Will DO completed by the 18th Of
December next thus GIVING continuous line Of railway
from the CITY Of NewYOk Cincinnati ~ the Of July
neat.
The estimated cost the Cleveland Panesyc AID Ash.
tabula road, working order. including equipments sud-
eeD for the entire line 10 Ere, 3Ji93 Near slO0os
ofstock has been already subscribed aad $500 has
been expended the roal The subscription list daily
being increased To provide the remaining COM
ple,e the read. this loan Is Tcsored to.
The mortgage empowers The trustee, failure to
pas either interest prncpa 30 take OF the
road and sen 10 the highest bidder as franchises and
cqupn ehts due notice, AID apply the proceeds pay
nsnt
Thai this road will prove one OF great usefulness aud
profit Will at be by reference to amsp OF as line
and connections being aportsn link the great chain
of Ralw avs from the City Of New York Cincinnati and
the Southwest and also Chicago and Galena. the north
west, connecting the east with the New York aud Ere
and Buffalo and Albany roads
railway is also about to be constructed from Enc by
way ofSunbury. TO Philadelphia.
The amount business done by roads connecting with
It aud west orally known that farther men
ton need rot be made OF II here
Proposals may be addressed 10 Wmslow, Lanler Co,
No q Wall ct. indorssd Proposals tor Cleveland
Pa'nesyillo aud Ashtahula Bailroad Bonds"
The sale will lie absolute aud without reserve 75per
cent VIII be required t. he paid when bids accepted,
the residue monthly payments OF IS per cent each.
Accrued interest the bonds must be paid by the pur-
chaser No bill for less Than 81 goo will be received
Unnecessary information relation TO the road the
bonds cec herwh map OF the road and ITS connections
may be. had application to Messrs. WINSLOw,
LANIER co at their Office TO the undersigned at
the living House. in this city.
BY order OF the Board Of Directors,
ALFRED KELLY, President
New.Yoik, Nov Is, 1851 MO tDl6