New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-03-15
Gnanrial.
Proposals Loan.
&25O.OM I BE ;.LIsEe y LINE

$2OU.UUU AND INDIANA RAILROAD
SEVEN PER CENT, FIRST MORTGAGE, CON-
vRRrIBLE BONDS-The Belefontans and Indiana
Railroad Company offer for sale S25O0Oo Of theK SEVEN
PER CENT MORTGAGE BONDS, with interest Cou-
poBs annexed.
They are Of 1900 EACH payable LIST July, 1866,
with interest per cent semi annually, on the LIST day Of
July and January at the Bank Of Commerce. in the City
osNew York where the principal is also payable, and are
secured b. mortgage to John A. Stevens ESQ OF New
York m trust for the Bondhods They convertible
into the stock of the Company the option Of the holders
They are under acts of the Legislature OF ONO aa
thorsrg them and the mortgage above to secure the
psymept hereo The Of Bonds to be thus issued
under the Mortgage limited to $500 OO Of which $4,000
have bsen disposed Of Oey $3.50 600 offered for
sale The residue will be disposed of As the wants Of the
COMPANY hereafter nom time TO time may make necss
sary.
Thu mortrsge covers the whole Road of the Company
ila long and 10 the first and only lien thereon THIS
embraces the entire line sm lis connection with the Ohio
and Pennsyvanis Railway. at OF near Gallon, where the
Cleveland and Columbus Railroad crosses the same,
tbyoush Marion Belle foatans Sidney and other import
ant towns to Union the line dividing the States OF Ohio
and Indiana where it connects with the Indianapolis and
BeIlefontaine Railroad now nearly completed The en-
tire limo of miles under contract for graduation
and masonry and about 81 miles Of aenow nearly READY
M the iron rails portion Of the rails are purchased and
- ,hs cour.e Of arrival 1t expected that the first SEQ
,r the road will be completed aud in operation BY the
IA, Of Juy next. and the remainder Of the line by the
6r,t day OF January next
tn. means for the construction and equipment Of the
a are provided BY Stock sHd Bonds The sum OF $780,
so 4 to the Capital Stock Of the Company and
ovsr 500 Ooa been already paid in. and expended 90
y, line and in purchase Of materials sc. The residue
. h,g paid the call Of the Company To raise
tbs rsmsnng means ths Company has resortsd TO this
loan. a.,
Ths mortgage empowers the Trustee, In case Of failure
% either interest principal 10 take possession OF me
poad with its equipment and 20 receive It's earnhgs OF
~ AL, the same On due notice and apply the procesds In
payment D.. % o.orrv
nar,snt postlop Il IL continuation Of the Ohio aud
Psunsylysna Road through Ohio, thence to ineianapo
md 81 Iouis by way u Terre Haue. The Indianapolis
and Terre Hauis Road completed and IN opers'oh
The Indianapolis and Bseonaine Road seomplstsd ana
m operation from indianapolis 70 point near tns oaso
state line and will entirely completed BY OCTOBER heI
Company has been organized TO make the remaining
portion of road lying between Ierre hau.e ana 81 L'
.,s IN, work viii soon be placed under contract
twill be seen that this the nearest, most natural ana
direct route from New York and 10 81 LOUIS
.x.,x ,.,h.n. he most fertile Dopglors aud improved
portions Of The States through which the line passes
Fyom the nature Of the country. the eoassrucoa o.
Railway IL easy and cheap
The esfmated cecil, Wlth suh1CisAi -
year Is 81 6is,6Sa.
The BONDS coasituts the oas deo' Of ia
Corpany rhs. this road vii prove one Of grest assn
ness and profit admits Of bat Little doubt ia local
a,ns viii Weld i. handsome support But connected
4 Z East and West will be cfths sreatsss channels
of,hrOugh travel in the United states. IL mus es'
the principal ike Of travel from the Eastern ssa
cities to St. Louisiana the vast regions oeJona. ms VIZ
make In. convertible clause of great value at an early a
SEALED PROPOSALS viii Be rso-'sa iar sAi $500
rot les. than 81 &C., us Tuesday tAs sOsh asy
iu,taas, at o'clock p NJ. Proposals wil os
N. Aren't. Of n. Co. Mes~s wiNsLoW, LASiAs
CO, No. 50 wall-st. indorssd "Proposao ''' D'"
tame and Indiana Bonds"
Twenty I've Der esat Of the purchase money VIZ ~
CURED 70 be paid on accepting the Bids the femAaa"
so,, monthly iu,.lmsats of as psr cont Any paFehas'
:, ,, "a ,,y in fai az once and Interest On 'AS
Bonds vii run ron date Of payment"
Tn. abO.. s,sOOs vii be sold absolutely Ana -..sa'
,,,.r,s =, he hixhsst bidder printed exhibit VIE
ran,ns,uh. r.c.ssry information in relation 20 .asss
securnes cas- be had By ealing a me INV wsres 8
ia52 JAS n GOODMAN. Prsss. bsneI- : ~ = - -.