New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-04-28
NEw-JERszY ZINC COMPANY, I
Transfer Office, No 81 Libertyst
NOTICE.-An amendment to the char
S DRAPER, Auctioneer
HEREMPTORY SALE of FIRST
MORTGAGE BONDS Of the BUFF.

II MORTGAGE BONDS Of the BUFFALO, CORN
will offer for sale, through SIMEON DRAPER, the sth
day of May next at o'clock at the Merchants Exchange
Bonds payable in 1867 with per cent interest payable
semanDually, at the Bank of Commerce in NewYork"
These Bonds are part of one million authorized to be v
sued for the purpose Of completing their road and
cured by first mortgage the entire road and its fran
chses BY deed of trust John A. Stevens James s. T
yebl. into the stock of the Company at par at any time
within FIVE years from their date.
The road extends from Corning on the NewYork K Erts
Railroad to the City of Buffalo distance OF ia 29oe
miles ard WILL when completed FORM in connection with
and direct between the Cities of NewYork
and Buffalo and the Far West and will connect at Corning
with the Corning Bosburlh Rsrosd, now being re-lsid
with rail which extends to the rich on coal and lumber
regions of Pennsylvania
On divergins from the New.York Erie Railroad, this
road up the h and fertile valley Of the Conhocton
River its at the northery line OF Steuben
County distance of about foyfve milespssing through
the village of Coopers Plains, Campbell, Savona Bath
Kennedyvlle, Avoca Liberty Corners Conhocton and Way
land thence through sprnswater Conesus LvoniA Avon
(where the Genesee Rver) and Caledonia In
Livingston County and through lie Roy and Stafford to Bs
tsvia IN Genesee County This part OF tho line for nearly
its whole length passes through one OF the richest and most
productive portions of our State.
From Batavia the line of tho road passes westerly In
nearly straight line to the City OF Buffalo.
The now running on y miles OF the ROAD west
from Corning and expected TO have the rails laid by the
seth inst for twenty miles further when the cars will run
IS miles The road under contract to Batavia and
designed that the cans will be running over tho whole ross
In all Of the present year $1,000 -
now issued and the balance consecutive portions OF the
road are completed When the whole OF said Bonds shall
be issued of incumbrsnce said road VIII be
something less than 800 per mile The amount OF the
first sue $500 COO will constitute an ncumbrance equal 70
$3.50 per mile upon the ysx miles Of the road which
nearly ompeed being less than the value OF the
iron and land
By this arrangement II Is believed that the bondhoden
will be made secure beyond possibility of doubt the prop
erty Of the Company being at all times amply sufficient TO
indemnify them against any loss
TERMS SALE.
Twenty per cent on the day of sale.
Ten per the lst of June. ~,
Ten per cent on the LIST Of each month following until the
whole is paid . -
will be allowed the rate Of per cent per an
mum on al payments made in advance ,
The following gentlemen compose the Board Oh DIecton
of the Company: ~
JOHN MAGE Bath; y WADswokrh oehosooi
Coxsr,sr Cooy Bath; OgvILLE CoMsrocy, Avon;
Opsoy PuEr Ps Buffalo; JOHN A. c. GRAY, y. Y;
Tgos / Drnt ~ Buffalo, DANIEL CuRrIss. Campbell;
wv ! MILLER Buffalo; THos BRowa, Caledonia;
NI,,,s p I,wsos Rs Roy; TRUMBULL CARY, Batavia;
ANDREW Il. DICKINSON Honby.
PAMPHLETS with map showing the route OF the ROAD ana
containing full particulars with copy OF the mortgage ana
bond. may be had application TO either OF the Directors
or of Q5) s. DRAPER, COZ. Pine and Wiian-sts'