The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1851-06-09

WILMINGTON AND MAScnEsTEs RAILROAD

WILMINGTON AND MANCHESTER RAILROAD
posais viii Be received By the sasssssr until
s 81 d.y 81 JS ns1 for three hundred dol
and Manchester Railroad Company hearing interest th5
@% shs plaePa Fl
ne Bonds are in sums Of 900 ca H. with coupons
s se a. ,hs Merchant Bank New hSr on the M
Of n company, a. the option Of The holders
and south eer bv nd 81
70 EDWARD sanford, Es Of New York, in for the
The DEED Of Irss. the entire line Of the '.sa
IS rS Of s e co. II a. vi yd co
wi,n heavy raj and equipped The
Of Q railway accounts for this low cost
payment Of prnep Interest TO taas OF thu
s s a. rs s ss &C me
highest cash 70 Pay arrears OF prime pal or
cfths stoskLoIdefs At meeting called purpose ia
April last and an order Of The kailr9ad Board is soo
only $4,000 offered for sale ale ''''P
This road will prove important link in the chain
New Orleans, connecting Wilmington with the Raleigh
Manchester With great South Carolina Railroad leading
from Charleston in the direction Of Montgomery Alabama
in the receipt of a million OF dollars annually from
rs VII ayoid the present dsageeaee sea yoase
Orleans days tine facilitate the mails and will bring
the scuthin more immediate and direct communication with
position Of this road s North and South.
from and cheap construction is such TO it be-
inland travel btseen the North and New Orleans
and part .. h 5sSd the most popgoG'
eoIn &C. in great abundance Its local business alone will
HE 1850 that the district country which
will be tributary TO this and depeadant it for
ofeotton, Of average weight each Of 40 To-.
s when has paid in P is's
raeon to which can be aeded at time the option
Carolina . certain conditions.
Itis estimated that the annual profits will reach II
the entire line has been graded brised
eay a the r ssans rain @e sSssi 81 aa ana VII BE
The entire line Is grading bridging
and in forward state toward completion.
sxthousand two hundred tons iron rails pattern, have
been Iurelased and are in the course Of delivery
'nsirding payment for the rails purchased ~
viii be rleted and operation the fall this year
and the entire line to Wilmington early next year
competent lands No work in the south undertaken or pro.
'eItso ms,s s.5 ore paeS iy0r trm shls, m e 70
priRted Exb giving full details OF the road and it, al
neetons copies the Bond and Mortsas opinion Of yeSa
sell &C.. prepared by Gen " W Haree, President Of the
Company, which may be obtained application the
Of the Company, at Wilmington, " c. of the under
signed by mail or otherwise, with other Information
security desirable one The States of North
within their limits which have been borrowers of money
have icrm aud under the most adverse circumstances
promptly met their peeuniary engagements Public ssnt
those States has always taken high ground in
gard to punetua fulhment Of public aud peeunay
The $40 600 will be disposed of absolutely and without
Sealed proposals for amount not less than oo will
b received az the ohce Of the undersigned until clock
Proposals to be addressed to wINsLow LaSIER co,
Manchester Railroad Bonos.'
Parties whote lids accepted will be required to pay
ing notified q the acceptance Of their bids and the rem a
November and December but any party will be ber
~ to pay in full at once desired Interest will commence
ron 'As - WlSsIoW. LANIER CO., 81 wall street.