New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-06-30
OFFICE ROCHESTER AND SYRACUSE R.Lso,o Co
for LOAN.-S2OO. Ooo

lthOi OShLS lOl IIOhN.- SSUU.UW1
Il SCl0TO AND HOOKING VALLEY ONO,
RAILROAD FIRST MORTGAGE COyVERTTBI
SEVEN PER CENT BONDS-The Scioio and Hossirs
Valley Railroad Company offer for sale s2D0ooe Of thsr
per cent Mortgage Bonds with Coupons
They in OF 81 600 each payable the lat Moves
Der 1854 with interest st per semisnnusy let "
prncps sum Is also payable They are secured by sz
and only mortgage OF deed OF trust TO + d. LanieT. Esq
OF New-lork In trust tor the bondhoders
They issued under Acts OF the Legislature Of Ohio -
thorzns them aud the moItgsge TO secure their psyns
The amount of Bonds thus 20 be Issued under the
Is $O OF which S0OOO have been disposed OF Tor ros
rails, &c; ony $500 90 are now offered for sale
The mortgage covers that part of the Road lying between
the City OF Portsmouth the Ohio River, ana Jackson IN
jackson Co Ohio distance OF - niles costing the Gen.
pany when completed about S7O0O0o h the hst and onv
eDthereon and the only debt OF the Company The who
line from jackson Portsmouth is under ioT com
peuon. ~ miles oiwhich nearly ready for the rs Two
thousand tuns rnls heavy pattern are nov arriving
Portsmouth Rails for the residue OF the line have been pu
chased The whole Road 70 Jackson viii be completed ana
In operation early next year
The 10 construct and equip this Road provided by
Stock and Bonds The of 500 600 has been sab.1
to the Capital Stock Of the Company about 500 80 Of
which has been paid in ana expended on the line the residue
will be regularly PAID the call of the Company To rs
the remaining means this loan Is resorted 70.
The Mortgage gives full power 70 the Trustee to take 20
OF the Road its persons effects dep0t grounds
and 20 sell the with its franchises 10 raise money TO
pay either interest or principal in Gaze Of default
This Road Is Of much Consequence TO that pat If
Ohio and the country lying south and Of h in Kena Ky
II is intended to extend II finally north TO Newark 10
miles nom Portsmouth, where connscts with the roads 70
For the present it is the purpose Of the Company 10
complete II 10 point the Cincinnati and Maretta
Road, SO miles from Portsmouth the miles lying between
Jackson and the Cincinnati and Marietta Road will be
peted that Road is made The County Of Jssk
abounds Coal and Iron Ore greater extent than
any other in Ohio will be BY the Geological Report
OF that State that report estimates the quantity OF Cod
throughout that County aud portion OF Scioo equal b
millions OF Ens per square mile, easily mined and OF supe
nor quality. much Of II is superior Camel Coal
That Iron Ore OF good quality exists IN the same dnc
to the extent OF three millions Of tuns 20 the squire mile
This mineral wealth 10 the Ohio River. has been
of comparatively little value for the want Of facilities Of
transportation TO market
Itls thought the transportation of coal and iron alone viii
afford handsome support TO the Rosd There already
twelve Furnaces in full blsst and near the ne Of
this Road producing large quantities OF Iron for transports
ton the Ohio River This number will oe doubled
This Road gives the aud most direct commruica
and that of Kentucky lying south and west OF Pos
mouth including the populous regions around Msysve ane
Lexington the Cincinnati and Marietta Road viii con.
at Wheeling with the Baltimore and Ohio Railroad and
the Hempfelj Read.
Sealed proposals. will be received for any less thss
600 until Thursday the 9Th day OF July az O'clock ~
Proposals will be addressed 10 the agents OF the ComPa
Messrs WINSLOW, LANlER < co, No. 50 WalLst- In.
dosed Proposals for Scioto and blocking Valley Raos
Bonds"
twenty-five per cent of the purchase money will DO y
oured 10 be paid accepting the bids tho remsinderm
eous monthly insaments Of p per cent Any purchasE
will be liberty to pay IN full at oh ZIG o'
will run from day of payment
The above $4,000 will be sold absolutely and without
serve To the highest bidder
printed exhibit with map and ell necessary infonns
on In relation 10 these securities be had by calling
the office Of the agents of the Company No 81 Wslst-
NsvYo,k Iune 81 1851 j. V. ROBINSON
''" ~ President s. and II V. Railroad Company.