New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-05-22
Proposals ox Loia
CENTRAL INDIANA RAILWAY

NSEyEN PER CENT. FIRST MORTGAGE con-
VERTlBLE BONDS The Indiana Central Railway Co
offer sale sae0s of their Seven per Cs.t Mortgage
Bonds, with Coupons sttseAed.
They in suns " GOO each payable tho Isl Of May,
1866 with interest per s~ns. seui-snaaAy,
the LIST November and is May IN the Guy OF Newton,
wnefe tne prileiIa Is ESQ Payeoei are Sa'N ns
trust for the bond-LclceTs.
They are issued sncer acts Of the Legislature Of rcdisas
authorizing them aud the their rs mect
The amount ct Bonds thus % b. isaed under the mesASs
100000, of which Si0ooo haze been disposed of-oay
S2r, Geo offered cor sole.
Tie mortgage covers e While Road of the Company 70
miles longs the St and only hen thereon. THIS enSg
the Coupanys line on Indianapolis East 10 the Ohio stale
The line is der contract for graduation end me-
about Is miles the Ohio State Zoe ready tsg
the supe heavy Rail has hen purchased II
the whole Road and is in the course OF sIFiVal
The Road VIII BE- completed and IN operation oy the La q
January NEXT
The means for the construction and eQupent Of this Rod
Us provided by stock and bonds The sum Of $sa0oo hes
been subscribed TO the capital stock OF the Company ova
S75to oft has been paid in snd expended e ne the
The Stock list viii soon be increased to $4,000 To raise
the remaining the Company has eosted 10 this oAn
The morsase gives a power to the Trustee to Iahs Pc
ard TO sell the with its franchise 10 raise means 10 poy
either interest or principal in case ofdefault
An inspection OF map will show Ihis Road 10 occupy -
important positions Is pant OF the crest hue fom New
York Columbus aud Dayton Ohio aud judisas pos 10
nuous line OF Railways from Sew.York by thus line .
Teue Hauie in Indiana The residue Of the hae III
nos viii probably be completedi in 1883
This Railway the Oldest settled most wealthy
poTulous aud best cultivated parts Of Indiana in it,
whole within 70 to 20 reds OF the National road A.
the Ohio State line with the Dayton and Coum
bus Road al the same point with the Eaton and hamilton
Reed this last giving direct communication with the City
of Cincinnati TO Central Indiana to which place nearly TIE
entire trade of that re ion tends.
No portion Of the Mississippi alley equal TO this conn
try and the line OF this Road and ITS connections -
wealth and producyenes the amount OF uavel aud tfas
poation that must necessarily pass Il viii certainly
make s receipts equal not greater than that OF any Other
In the West
The estimated cost of this Road, fully complsted and
stocked for years operations 002 893 90 This very
low arises from the adaptednes OF the county 70 the
construction of railway.
The bonds above named constitute the only debt of the
Company
Seoed proposals will DO received for any sum not les
than 81 zoo until Saturday the 18th day OF May inst at
O'Clock, =. N.
Proposals will be addressed the Agents Of the Company
Messrs. WINSTON. bANIER & co, No. 50 Wallst, tn-
dorsed, Proposals for Central Indiana Railway Bonds
Twenty-Five per cent OF the purchase money will bs 70
qued to be paid accepting the bid the remainder ~
equal monthly insslmens OF y per cent Anf purchases
will be liberty pay In full at once and interest on the
bond will run ft m date OF payment
The S0 coo wilt be sold absolutely and without r.
TO the highest bidder
printed exhibit with map and all necessary inf,rma-
ton in relation these securities can be had by calling e
the ciee Of the Agents OF the Company, No % Walst
JOHN s. NEWMAN President
Indsna Central Railway.