New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-06-26
for LOAN.-S2OO 900

L sCIOTO AND HOOKING VALLEY (OHIo)
RAILROAD FIRST MORTGAGE CONVERTIBLE
SEVEN PER CENT BONDS.-The Scioo and HockinI
Valley RalroaS Company offer for sale $4,000 of their
PEI cent Mortgage Bonds with Coupons
ber 1864 with interest at cent sernannually LIST No
and lst May in the City Of NewYork whore the
principal sum also PAYABLE They secured by first
snd only mortgage deed Of trust to r. d. Lanier Esq
OF New-YoTk In trust tor the bondhOlders
They issued under Acts of the gsature OF Ohio
horzing hem and the mortgage to secure their paw
The Of Bonds thus 10 be Issued under the
$4,000 Of which sO0Oo have been disposed oil for iron
rails, &c ;osly 5000 20 are now offered for sale
The mortgage covers that part Of the Road lying between
the City Of Portsmouth the Ohio River and jack Ia
psny when com eo about s7Oo is the first and only
hen thereon sndthe only debt Of the Company The whole
line from jackson to ortsmouth is under contract for
peton 20 miles ofwhch neay ready for rails Two
thousand tuns nils heavy pattern are nov arriving ar
chased The whole Road TO Jackson will be completed and
In operation early year
The mean. construct and equip this Read is provided BY
Stock and Bonds The Of 500 0O0 has been subscribed
to the Capital Stock Of the Company about S3OoO Of
which has been paid in and expeudd the line the residue
Will be regularly paid on the call Of the Company To raise
the remaining me ans this loan Is resorted
TIE Mortgage gives full power to the Trustee 70 take pos
session Of the Road personal effects dc pots gounds
snd to sell the with its franchises 70 raise money
psy either interest or principal, In caSe Of default
THIS Road s one OF much consequence 10 mat part Of
Ohio ard the country lying south and Of Kentucky
II Ia intended TO extend 1t finally north 10 Newark 100
miles rom Portsmouth, where IL acts with the roads to
For the present it Is the purpose Of the Company
eonptte II point the Cincinnati and Manetta
Roar So miles from POTtsmOuh the miles lyng between
Jseksnn and the Cincinnati and Marietta Road will be
peed thst Road is made The County OF jack
lbounds in Coal and Iron Ore greater extent than
any ether 10 Ohio Will be by the Geological Report
OF that State that e.mstes the quantity Of Coal
throughout that County and portion OF Seioo equal 10 nine
millions OF Hns mile easily mined ana OF
Nor quality, much OF It 10 superior Camel Coal
That Iron Ore OF good quality, exists 10 the same district
30 the extent Of three millions Of tuns the squire mile
This minr rs wealth 70 the Ohio River has been
Of comparatively btils value for the want Of facilities Of
transports tion to market
Is thought the transportation Of coal and iron alone will
sford hancsome support the Road There already
twelve Furnaces in full blast ard the line Of
this Rosd producing large quantities Of Iron for trzDspO
non 70 the Ohm River This number will DO doubled.
This Rosd gives the nearest and most direct commdnicA-
ton 10 the Eastern and Northern cite 10 his Of Oho
and that part Of Kentucky lyog south and Of Pof
mouth ineuoins tbs popuous regions aroand Maysve and
Lexington, IS the Cincinnati and Marietta Road will
neet al heelng wis the Baltimore and Ohio RAILROAD and
the Hempfeld R6s
Sealed proposals VIII received any than
9 GO until thursday the 9Th day Of July o'clock PM
Proposals. viii be addressed the agents Of TIL Company
Messrs NINSLOW, LANIER < co, No. 50 Wsllst, in
Bonds"
TWentyhv per cent Of the purchase money will he
CURED TO be pad accepting the BIDS the remainder in
equsl monthly instamens Of . per Any purchaser
will be at liberty 10 pay in fun onceinteTest bonds
viii run from cay Of payment
The $500 will be sold absolutely aud without
70 the highest bidder.
printed EXHIBIT with map and all necessary nforna
ton in relation 10 these seeuiies be bad bv calling
he Office Of the SCENTS Of the Company, No 50 Walst
Newly FORK, Jane p, 1851 }. v ROBINSON,
President s. and II V. Railroad Company.