New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-05-12
GALE of MORTGAGE BONDS of the


~ LAWRENCEBURGH and UPPER MISSISSIPPI
RAILROAD COMPANY.-This company offers for sale
$oOoo Of their per cent First Mortgage Bonds with
Interest Coupons annexed.
These bonds are in sums 900 EACH payable LIST March,
1866 with interest the first days OF March and September
In the City of NewYok where the principal Is also pays
BILE They convertible into the stock Of the Company ct
par time within five from their date and
secured by first mortgage the entire road its franchises
and BY deed Of trust s to George ns Gee of the
the Road and this being the entire authorized to be Is
sued by the mortgage.
The road extends from the road to from Cincinnati to
St Louis Lawrenceburgh to Indianapolis the capital Of
the State of Indiana distance Of 800 miles and Will when
completed with the twenty miles OF the road aforesaid be-
Lawenceburgh and Cincinnati form the nearest and
most direct line from Indianapolis to Cincinnati.
through several important towns and over most
fertile and well improved country and by of railroad
connections made and making at Shebyville and Indian.
apols this line viii be placed In communication with fully
onehsf OF Indiana forming the best and for much Of the
country the only OF travel and trade to Cincinnati
Seven railroads made making 20 indianapolis the
of which will be important feeders this Cincinnati
road three railroads made Shelbyve the business of
The entire ne is under contract and about 20 mile. now
ready for the iron the Grade will be 70 eeeivs the
place already connected by Railroad with Indianapolis land
the contracts r the Road complete to Indianapolis expire ON
the LIST October. 1855
The rails for the entire line tuns are purchased 200
tns the line, and being laid down. 0o0 uns
viii be forwarded from this port Immediately; 400 tuns
ready for shipment in Wales and the residue Is to be deiv
cred in New Orleans next winter.
The total cost with rolling stock and equipments ready for
pufnc4 OF STOCK mas Dccn
and the largest portion paid in and expended This mort
gage provides fer only $500 and the only intended
TO be gwen with II the of the Company ample
for the entire work. and the hen thus created only amounste
q, 500 per mile
Indiana the fifth State In the Union and Is fast sd
vancng in wealth and population Indianapolis her seat Of
government skey be the largest inland city in the West
There being concentrated IL net work Of railroads
which, with connections will penetrate every part OF the
State Ii must be evident that the road which shall form the
nearest and best connection with this system Of public work
and Cincinnati the great Emporium of the West must be-
come an important trunk ne and amply repay the expend
ture upon its construction.
In addition TO the mortgage the Directors and principal
their personal the holders these Bonds for the
puncua payment Of the interest thereon ant the road
completed Proper certificates and refsrnces are given
showing the entire ability of these parties to fulfill their
gagements
Sealed Proposals for any of these Bonds not les
than 81 COO will be received until Saturday the sd of May
next o'clock NJ Proposals to be directed to Messrs
DE LAuNAY, lSELIN CLARKE, No. 6S Wall-st, and
indoised Proposals for Lswrsncebugh and Upper Msss
spp Railroad Bonds
Fifteen per cent Of the purchase money be paid
eepns the bids the remandern equal monthly installmens
OF Is cent each The takers ohe Bonds be at liberty
to at any time in full Interest the Bonds 10 run from
date Of payments
The above s5OOOc Bonds viii be sold absolutely to the
highest bidder
Pamphlets and Maps and any further information relating
to these securities, be had BY application to
DE LAUNAY, ISELIN CLARKE No. 6S Wallst