New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-04-26
5. DRAPER, Auctioncer.
DEREMPTORY SALE Of II r ST

Il MORTGAGE BONDS OF the bUFFALO, CokN-
will offer for sale. through SIMEON DRAPER on the lssh
day of May next at u O'clock At the MerchsntS Exehanss.
Bonds payable in 1867 with per cent interest payabs
semi annually, at the Bank of Commerce IN New:York
These Bonds part OF one million authorized 70 30 -
sued for the purpose Of completing their rosd and sre
cured by first mortgage on the entire road and It's sr
ss G snS Z, uSn ss and a.. soa
verble into the stock Of the Company par at any time
within FIVE years from their date
The road extends from Corning on the New-Yort Ere
Railroad TO the City Of Buffalo, distance OF ia loe
miles, and will when completed fonn In connection VIII
the NewYork Enc Railroad one OF the most impotane
and direct thoroushares between the Cities Of Newfoh
and Buffalo and the Far West and will connect st COMING
with the Corning Bosburgh Railroad now being rc-lad
with rail which extends " the rich iron, coal and lumber
regions Of Pennsylvania
road posses up the rch and fertile valley Of the Conhoc
River to its source at the nohery line OF steuon
the silsse Of coopers Plains Campbell. s.vons, BsA
keunedyville AvocA Liberty Corner CONNECTION anc wsy-
land thence through sPnswste5 Conssus .Snin Asos
Livingston County, and through lie Roy and Stafford TO Be-
tavia Genesse County This part Of the line for nearly
s whole length passes through one OF the richest and mos
productive portions Of our State
From Batavia the line of the road passs westerly b
nearly straight line to the City Of Buffalo
The cars are running Is miles Of tho rad west
from Coming and it is expected to have the rai sd -
~ miles The road IL under contract 10 Batavia and
designed that the cars viii be running over the WHO'S oes
!" The ~ 81 naraass provide. that only t4ocs Of Bsds 90
be issued and the balance consecutive Pooes ois
psd fare completed When the whole OF SAID bonds snsu
he issued the OF ncumbTanoe said oAd VIII %
ssnething less than 1900 per mile The amount OF the
frt issue ta0c CO., viii constitute ncnmbrance equal %
g. $50 per mile upon the fifty miles OF the road whca
nearly Completed being ess than tho value OF -
mon and land
Bv this arrangement 1t 10 believed that the bondholsss
will BE- made beyond possibility OF doubt the prop
cy of the Company being at all times amply sucent "
Indemnity them against any Ioss
SAILS
Twenty per cent on the day Of sale.
Ten per N the LIST of June.
Ten per cent the Let Of each month Ouowna untn tns
In,e.rrt viii he allowed the rate Of pei cent pes ~
mum on all payments made in advance.
The oowins gentleen compose the Board OF Duec<oss
Of the Company; ,,,..-, c.....-
S"Ssr.sr CooK Bath; ORvILLy Coxsrocx, Avon,
o.sos psy, ps ButnIo; JoHN A. G. GRAy, N. "
Tuos Duni.y Buffalo, DANIgL CvRFIss Campbell;
Wm j M,LLER Buffalo; THos. BaowS Caledonia;
MILEs p LAMsoN, Re Roy; TRunsuLL CAsy Batavia;
ANDREW b. DICKINSON, Honby.
Pamphlets with map showing the oste OF the road ana
containing full particulars with copy Of tho mortgage and
bonds may he had application 10 either OF the DrecoS
orof (l5) y. DRAPER, cor. Pine and Wilnsm-shI