New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-07-02
PROPOSALS for LOAN.-S2OO,OOO

sCIOTo AND HOOKING VALLEY l0HlOl
RAILROAD FIRST MORTGAGE CONVEYED lSi1.
gEVEN PER CENT BONDS.-The SciOto and hocnne
Valley Railroad Company offer for sale 100000 OF then
Der cent Mortgage Bonds with Coupons .
bar 1854 with interest at per cent semi annually lst No
May in the City of New'York where the
~ DIV mortgass or deed Of trust TO J. d. Lanier ESQ.,
0 New.Yorh in trust for the boudholden
They under Acts OF the Legislature OF Ohlo 40
eo,zns them and the mortgage their payment
The of Bonds thus be Issued under the 1rtgags
$500 co., of which $O000O have been disposed eli Tor iron
nails &c only f2oO,t 90 are offered for sale
The mortgage that part Of the Road lying between
e CITY of Portsmouth, ON the Ohio River and 10
Jackson Co Ohio distance of As miles costing the Com
eany when completed about S7OOOO IL the hst ano only
henhereon and the only debt of the Company The whole
line from Jackson Portsmouth is under contract iof com
pleO 20 miles Owhicb nearly ready tor the fas Two
thousand tuns nils heavy pattern are nov arriving AZ
chased The whole Road to Jackson will be completed and
70 operation early next year. 49, .
The means 70 construct and equip this Road provided by
Stock and Bonds The Of 100000 has been subscribed
b. the Capital Stock Of the Company, about $}O0WO OF
hb mas been paid in and expended on the the residue
III be regularly paid the call of the Company To raise
ne remaining this loan is resorted TO.
The Mortgage gives full power TO the Trustee to take pos
on Of The Road It's persona effects dep6ts grounds 6c4
Ard 10 cell the with Its franchises 70 raise money 70
1 interest on Of f mneS to that part Of
Ohio and the country lying south and west Of ~
lis intended to extend It finally north 70 Ne~aIk, NV
miles fom Portsmouth, where II connects win the roans 70
70, IL present il is the purpose OF the Company TO
ela A
r. 81 miles from Portsmouth, the miles lying between
Iacisoo and the Cincinnati and Marietta Road w De conn
,.d As soon a. that Road made The County OF JACK
n ahounds IN Coal and Iron Ore TO greater extent tnan
sny oher in Ohio an will be seen by the Geological hepo
AZ hst State that report estimates the quantity OF Coal
throushon that County and portion OF Scloo equal 70 nine
millions Of sn per square mile, easily mlneo shd OF sup7
yior quality much OF Il Ia superior Camel Coal ,,
Thai Iron Ore Of good quality exists in the same dstno
40 the extent Of three millions OF tuns 70 tne squire niue
This mineral wealth. 10 the Ohio River ha9 oeen
of comparatively little value for the want OF facilities OF
transportation 10 market IN
thought transportation Of coal and iron alone VIII
.Hod handsome support TO the Road There are already
ns twelve Furnaces full blast and near the line OF
this Road producing large quantities Of Iron for trsnsports
non 10 The Ohio River This number will sOcn be doubled
This ROAD Vyes the and most direct communca
ton 10 the Eastern and Northern cities TO this part Of ONO
and that part Of Kentucky lying south and west Of roT
mouth including the popuous regions around MaysVJe &c
LexuEtop as the Cincinnati and Marietta Road Will con,
meet al Wheeling with the Baltimore and Ohio Railroad and
The Hempfeld Road.
Sessd propos will be received for sny not lees than
Al zoo until thursday the 8th day OF July at ococA PM
Proposals will be addressed 70 the agents OF the Company
Messp WiNsLOW, LANlER 4 CO. No. 81 Walst in
aoned Proposals for Scioto and Hooking Valley Railroad
Bonds" -. MI.
TW,nty FIVE per cent OF The purchase money will DO re-
oued 10 be paid sccepurg the bids, the remainder Ia
nsl nopthly ins;almentsf Is cent Any purchaser
Will he AZ liberty o pay inh onceinterest on the bonds
Sil run from day OF psyunt
The above 500 WILDE sold absolutely and without re-
serve the highest biddf , -, . d, T..
.o relation 10 thesescurities be had by calling 81
the Office OF the sgentsf the Company NO % Mnsi--
new PRESENT s. and II V. Railroad Company.