New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-03-11
Preposals for Iean.
S25O.OOO .I BE LIFE. y T, = E

S25OWN BE ,sLlsF. |, IL E
SEVEN PER CENT. FIRST MoarG AGE. con-
VkRrIBLE BOSDs-rne Bellsfoaaias AID Indiana
Railroad Company osr for sale st3sso 4 their SEVEN
PER CENT MORTGAGE BONDS with iarsssst Coz
Bots annexed.
They are IN surs cf coo esca payable u, Iaiy, 1895
with interss, per cent semi dayO
July and Jsnusry the Bank of Commerce. the City
ofSew York. where he principal also PsyaAle All are
secured BY mortgage 10 JOhs A Stevens ESQ Of New
Ysik, Ii tTus. for tae Bonshoers Thsy Convertible
Into the stock Of the Company the cpl ofhs h,'dsrs
Thsy are Issued usd Of the Legislature ~ oao.
ihossg them and the mortgage aboys - tho
payment thereof The amount Of Bonlto Shus Issued
sRasy the Mortragcs limited $500 COO Of CD eco
have been tspossd Of Oaly $4,000 offered or
sale The residue will be disposed of wants Of the
Company, hereafter. from time ma, make It nscss
suy
Tie mortgage covers the whole Rad OF the Company.
lis miles long. aud is tho frs. and only hen hereoa THIS
embraces the entire line. connscOa with the Ohio
and Pennsylvania Railway. az Gaips. where the
Cleveland and Columbus Railroad the same,
through Marion Beilefoatsue Sidney, aud other import
ant towns Union the line dividing the States of OHIO
and Indiana where connects with the indianapolis and
Beliefontaine Ra road nearly completed. The
tire line OF lls miles is under contract for graduation
and masonry and about 81 miles Of nearly ready
for the rails portion of the rails Purchased aud
in the Of arrival II is expected ths the first
ton ofthe road will be completed and in operation oy the
day Of July next and the remainder of the ae BY the
first day OF January next.
The for the construction and equipment of the
Road provided by Stock asd Bonds. The Of $780,
coo subscribed to the Csp Stock Of the Company and
SEQ COO has been already paid and expended
the ine and in the purchase Of materials Sc The residue
Is being regularly paid the call Of the Company To raise
the remaining the Company has resorted to this
loan.
The mortgage empowers the Trustee. of failure
&c psy either interest principal to take possession Of the
Road, with its equipment and TO receive its earnings
sell the same due notice and Apply the proceeds in
payment
Anrspectiop ofihe map will show this Road to occupy
important position is continuation OF the Ohio and
Pennsylvania Road through Ohio thence to Ie.ianspchs
and ST. Louis, by way Of Teue Haue. tbs Indianapolis
and Terre Haue Road completed. and operation.
The Indiana polls and PseouAine Road completed and
operation from indianapolis t, point the Ohio
State line, and will be entirely completed by October nsss
Company has been organized to make the remaining
portion road lying between Tee Hau,e and st. Louis,
and the work will soon be placed under contract
II will be that this 10 the nearest most natural and
direct route from New York and Philadelphia to St Louis
avsrsng perhaps The most fertile popuous and improved
portions Of the States throsgh which the line passes
From the nature Of the country The construction Of
Railway ea,y and cheap.
Tho estimated cost, with sufficient equipment tor
year 10 81 648 $50.
The BONDS above-namsd constitute the only debt ofths
Company That this road will prove Of great useful
ness profit admits Of but little doubt IT. local business
alene will yield it handsome support. But connected az
il is East and West it will be Of the greatest channels
of through travel in the United States II must ever be
the principal line Of travel from the Eastern aad Northern
cities Louis and the vast regions beyond This will
make the convertible clause Of value at an early day
SEALED PROPOSALS will be received for any amount
net less than O until Tuesday the 3osh day Of March
instant at o'clock NJ Proposals will be addressed to
he Agents of the Co.. Msssrs. WINSLOW, LANIER&
Co. No. 50 wall-st, indorssd Proposals for BslIefon-
tame and Indiana Bonds"
Twenty per cent Of the purchase money will DO re-
CURED to paid accepting the Bids the remainder in
equal monthly instruments Of Is cent Any purchaser
will DO liberty pay in full at once, and interest On the
Bonds will run from date Of payments
The above $250 900 WI be sold absolutely aud without
reserve to the hghes. bidder printed exhibit, with
map and all the necessary information In relation to these
securities can bs had by calling ut the sfcs Of the agsa
ofths Company at No. 50 Wallst New-York. March g.
ls5s JAS H. GOODMAN, Prsst. Belief. L. R. h. Co.