New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-05-17
GALE of MORTGAGE BONDS of tn.

- LAwRENCEBURGH and UPPER MISSISSIPPI
RAILROAD COMPANY.-This company offers for sae
&0oO OF their seven cent First Mortgage Bonds with
fnterest Coupons annexed.
These bonds Of 81 eco each payable lst March,
1866 with interest thy first days OF March and September
at the office the OhcLe INSURANCE and Trust Company
IN the City Of NewYork where the principal also paya
bic. They convertible into the stock of the Company
par at any time within five years from their date and are
secured by first mortgage the entire road It's franchises
and equipment by deed OF trust George s Coe of the
city Of New-lork this beng the first and only lien upon
the kosd and thus being the entire sum authorized to be 10
The road extends from the road from Cincinnati to
ST. LOUIS al Laweucebugh TO indianapolis the capital Of
completed with the twenty miles of tbs road aforesaid be-
tween LswTeneeburgh and Cincinnati form the nearest and
most direct l'ne from Indianapolis to Cincinnati.
IL through several important aud most
fertile and well improved country md by Of railroad
connections made and making Shelbyvile and Indian
acs tins line VIII be placed communication with fully
onehaf Of Indiana forming the best and much of the
country the only avenue Of travel and trade Cincinnati
Seven railroads are made or making 10 indianapolis the
most OF which VIII be important feeders this Cincinnati
roed three Railroads made Shsbyye the busness u
which mest naturally seek al outlet over this road
The entire hne under and about 20 miles now
ready for the iron the grade VIII be prepared receive the
Upers,ructlre FAR Shelbyve IS miles this fall which
place already connected by Railroad with
the contracts for The Road complete to Indianapolis
The rails for the line $500 uns are purchased
eups ae on The ns and are now eeins laid down. 1000
Will BE- forwarded tf0 thus port immediately tuns are
reScy tor shipment in seS and the residue Do dey
cred in New-Otesns next winter
The total cost with rolling stock and equipments ready sr
business $SO0cco Of stock has Aeea subscribed
ana the largest portion II paid ia and expended This
sse provides for only $4,000 and Is the ony intended
70 ee gwen Is with 1t tie Of the Company ample
I he ene work aud the lien thus created only
$40 Per mile
Indiana the h State in the gnion aud IL fast sd
vsnes IN wea;h and population indianapolis her sest Of
skey to be the largest inland city the West
1asfs y osins concentrated at WORK OF railroads
ee WIN suaneesiois Will penetrate every part of the
sAe mus, Be evident that the rOsd which shall orm the
ao eess eenneensn with this Of public works
ana Sh. na~i the great Emporium the West must be-
come ~ trunk Inns and amply repay the expend
ture upon its construction. f~' ~ Fs"'
In addition to the mortgage the Directors and p,e,.
stockholders OF this road have deposited with the ,sies
then personal guslatee 10 the holders these Bonds Tor
pQcaa payment Of the interest thereon until tire r !.
completed Proper certificates and reference. .rs r,v
showing the entire sbty OF these parties fulfill th.r en-
fsgenepts
Sealed Proposals or any OF BonSa NOT Lao.
than 600 viii be received until Saturday the i o. Nav
O'Clock NJ Proposals be dirrcted "a Ne<.S
DE LACNAf, lSELlN CLARKE, Ne Is Wsli-sf ana
indord Proposals for LAwrenceburgh and Upper Mss
sppi RAilrosd Bonds
Fifteen per Of the purchase money to b paid on %
ecptns the bids the remainder in equal monthly astzents
OF Is pei each The takers oe Bonds be liberty
20 At any time in fall lnsscsto the Bonds hem
The shse sseoeos Bonds viii b sold absolutely to Tie
Aighes, ttiscy.
Pamphlets and Mara further nsornztion relating
b. ttsse securities, car BE- had By applicsiion to
pk LAuNAY, ISELlS 4 CLARKE, Ma. 81 wsl>t