New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-05-24
COMPREHENSIVE.
Soaboard and Roanoke Railroad
" CpVsVOO MORTGAGE BONDS Sealed

SeahOard and Roanoke Railroad
&0Sn 00n SEVEN PER CENT.
n C'V.VVV MORTGAGE BONDS Sealed
proposals Will be received by the subscribers until Siur
daT. the 3is day Of May. nsia1t for THREE HUNDRED
AND FIFTY THOUSAND DOLLARS Of the first and
only Mortgage Bonds Of the Seaboari Roanoke Rail
road Comp bearing per cent pt aunum interest
and redecmable the Merchants Bank the City Of New
York On the lst Of August. 1860
These Bonds are IN sums of ono each. with Coupons
attached. payable the Merchants Bank the City Of
New York. on the lst Of each February and August
These Bonds are ISSUED under authority Of special
Of the Legislatures Of Virginia and North Carolina, and
secured by mortgage executed 20 John Palmer Esq
Of the CITY Of New York trust for the Bondholder
This mortgage covers the entire line Of the Road from
Norfolk Virginia South Castor the Roanoke River
North Carolina distance Of 90 miles which Will have cost
when completed, including the original outlay ; 800
COO-and the empowered of sixty days de-
f0ul rq,ren Of interest principle Of the bonds 10
take possession or and sell the whole part Of the
same including the franchises and prope, IF the
Company Of every description acquired or hereafter 20
be acquired.
The whole Of the Bonds authorized to be issued
four hundred thousand dollars Of WHICH the amount
offered for sale has been issued by the Company payment
prncpal, for the heavy rails with which the Company
now rolaylng Their track.
This heavy 7 rail. for the whole distance o. miles
now on hand-50 miles are LAID and operaton-and the
actively engaged IN laying lle rtudlueti so as
complete the line 10 Weldon, 81 miles, July Of the
present year and to South CASTOR miles, by the close Of
the year
The Scobeard ard Roaoke Railroad forms part Of the
Great Southern Route from NewYork, Philadelphia and
Baltimore to New Orleans connection with the line OF
steamers running from Baltimore to Norfolk
line Of Steamers running from Philadelphia 70
Norfolk
Two lines of steamers are being built 10 from
New-York to Norfolk. 10 running early July
next One of these lines be ii the first class OF pas
seneor steamers 100 tuns burden and the other line Of
propellors
The connections of tins road such 10 secure for
ample amount Of business il untes at Weldon with the
Railroad 10 Wilmington 100 miles IN length which has Just
been re- laid with heavy rail untes at South Castor
the Railroad Raleigh IS miles long which IS also
about o be relaid with heavy + ral
CASTOR ,,,lI the r-ed""t'"n-
Of the extensive and fertile valley 81 the Roanoke Whoh
are brought to that point by the Roanoke Navigation Com
pany who have expended four hundred thousand dol
lars IN improving the navigation Of the Roanoke and ITS
tributaries.
The harbor Of Norfolk and Portsmouth well known 70
be one Of the best IN the United States and viii thus be
connected by the Scaboard and Roanoke Railroad and MS
connecting lines with ample extent of territory winch
viii insure to the road an abundant business
map exhibiting these connections, showing also oiher
lines now m rapid course Of construction, boy which CONF
nuous line Of railway VIII soon be extended from Norfolk
10 Mobile and New on the Soulh ana 10 the Nt1
OF the Mississippi at Memphis the West may be obtain
ed Of the undersigned
An Exhibit giving full account Of the road and s
affairs copies Of the bond and mortgage, and the legal
opinions Of judge John Mason, Of Virginia, &c, accom-
panies the map and may be obtained upon application tc
John Palmer Esq the Merchants Bank, or to MeNsrs
Minslow Lanior Co, by mail or otherwise who Will
furnish any further information which may be desired
It's confidently believed that the Bonds now offered for
tl. r,.i,t 1ger1 fIq Snn
the market.
THREE HUNDRED AND FIFTY THOUSAND DOLLARS are
now offered for sale
Tho entire amount offered viii be disposed Of absolutely
and without reserve 20 the highest bidder
Sealed proposals for any amount not less than 1000 viii
be received at the office MeSsrs Wnsow. Lanier Co
until O'Clock on the tlnrly-frs day of MAY. 1851
PROPOSALS TO he addressed TO MlNSLOW. LANlER
co 32WAII-sr. NEw-NoRS, and endorsed Proposals
for s 4 Il Bonds
Parties whose bids accepted wall zoe required 10 pay
twenty per cent upon the amount awarded u them ne-
caey upon beng notified If the acceptance Of Their bids
and the remainder Do equal the nrs' days Of uy
AUGUST September and October next; hut any party Wall
be M liberty TO pay ful az Interest vii commence
flom the day OF payment
mylsts WINSLOW, LANIER CO, 81 Wail-'t
SI75OOO TO lend o. on .i Bond !. and I'd.
Civ IN sums TO suit Also. $4,000 GA BIooNyno or WI
lamshursh. ID sums 90 Sult applicants Apply {"
mys3st- WI c HOLLY. 10 WMl-st.
$40 00O TO LOAN on BOND y ia and oi
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