The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-09-25

PROPOSALS FOR LoAN.-$lOoOoo. DAYTON AND
isr for saie 100000 their mortgage bonds with coupons
York the LIST Of January and the ls each
" i.Y Ess.
sr They under acts Of the Legislatures Of Ohio
authorizing them and the mortgage to their payment
million Of dollars They Convertible
q Of s Pc at @ ~ Of the hS s h
gage three hundred thousand dollars q which only
The mortgage the entire line Of the company their
property real and personal a TIE
Dayton Ohio thence By Trey Piags Sidney Lim. Per
direction Detroit one hundred and forty miles
The mortgage that shall only and
the road finished aad sidney
more after the same is finished and in operation to
point point nssdod rails
tho company That part the lying between Dayton
and i and Tie rail. ys
and in sgSrs By The first G n
ton road to run i for tn, present The entire line from
= sS s' That psP fG
Dayton and Sidney 100000 It the purpose the com
point point continuously as tho means Of the company
vim permit TO complete the road 70 sydney the company
has been mostly collected and expended the lire
Ts rs %s b this s Snn to
sary stock subscriptions complete entire line
is expected will be placed under contract for gadao
and masonry early and completed within the
following The mortgage gives full TO the trustee
take possession OF the road its personal effects
depot grounds &c. and to sell the to the highest bid
der, to raise money to either interest principal
case Of default The country through which the road
with its connecting link to Cincinnati is not only
SURPASSED but unrivaed by other OF equal extent
the Union in fertility of SOIL oapability of sustaining
dense population and in all the elements Of wealth and
prosperity The report of the Auditor of the State Of
Ohio for 1851 shows that about fourth Of the entire
taxable property of that State found in the twelve
counties through which this line passes from Toledo
Cincinnati. The southern portion of tho line passes
through the most populous and fertile portion of tho United
States-half century ago it unbroken forest At
Sydney this line the Belleontaine and Indiana
Railway; at Lima the Ohio and Indiana which will provo
valuable tributary opening to the immense trade Of the
region around Fort Wayne and that and north Of it.
At Toledo IL connects with the Michigan. Southern and
Lake Shore Road The line will soon be extended to De-
troit AT Dayton IL connects with the road to Cincinnati
south and to Indianapolis west and Columbus east. The
road will probably pay its shareholders quite we'll the
Cincinnati and Dayton road whose stock is at above
occupies important position, nearly if not quito
equal to other in that State Sealed proposals will be
received for not less than 81 0 till Saturday
the 18th day Of this month"; at three o'clock r. M. Pro-
posas will be addressed to the agents Of the company
dorsed, proposals for Dayton and Michigan Railroad
Bond cent Of the purchase money will be
required to DO paid accepting the bids the remainder in
equal monthly instalments Of cent Any purchaser
will BIO At liberty to pay in full at Interest the
100000 will be sold absolutely and without to
the highest bidder printed exhibit with q map, and
all with relation to these securities
be had by calling at the ONCE Of tho companys agents.
No. % wall street, New YORK. . ,ropn p.,s.,.
New York Sent g. 1881