New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-06-23

To secure payment ofhe Bonds and the interest there
on the Corpo son have ssaed Mortgage Of all their rights
acquired and u be acquired 10 snap
bsrd Knapp Aimed Fr.ssr and Daniel Miller Of the
el,v OF New YORK Trustees 9th al the usn, and proper
sus that the svss Of the Bonds shall b expand
In the completion Of the Rosd TIE Interest PAYABLE
New York Tine Cos poFatinn have contrted with Mesrs
Strung Brsolcy, Of Vermont for the entire con7etoc OF
sso Rsd ready Tor the running OF the es oy the INST Gay
OF December next the have entered on the
ysorous prosecution OF their work They have purchases
the iron rsis chairs spikes sna nssi an9 hs'ss , s
n no douh from the character Of the work 70 be done that
will be com pleted within the specified time
That the Chester Valley Railroad Is not only 10 De kooo
security the BohSs issued bat u b. good lowest
nor the stockholders careful investigator OF Us
perfectly accommodates the rchs,t pat OF Montgomery
County and The largest OF Chester County ions OF the
richest and t productive mineral and ,gucnlturs regions
of Pennsylvania with marketing sci tes and will Ia eject
nal that besuul valley entire market garden or the
40 hsbtants Of Phi sdsPhi& Chester County contains
a population Of 6nC00 "a OF 46pO0 acres with An
as, SEED ysue o. s or nearly OF per
scre and $50 for each SOUL for the entire county The
average value OF the lands the ne OF the Roaa IS not les
s mineral are scarcely second to agricultural
wealth The route Of the Road abounds IN qusre. ct mar
bic and limestone and in bees Of iron Much Of the
marble the ucton OF the Girsrd College Uni-
Bank and other pabic buildings OF the city vas
qused the line OF this Road and II believed that the
cnmp. the Road Will seat increase the demand for
these marbles for architectural purposes as will make
them the che they admitted TO be the best
and most beautiful Of building quantity OF
anthracite coal Is consumed along the hue OF this Road
and upon the Coumbs Road the valley Of the Rrsn
dywiue for manufacturing purposes burning lime, sad do
mesc which is either hauled In wagons across
from the Sohuyki ley, or broueht around by the Rsss-
ing and COumbis Railroad through the City OF Pbiadel
phia additional distance Of IS miles This article must
Immediately its completion pass the Chester Valley
Railroad much reduced charges and In greatly incessed
quantities. and estimated that It viii amount IN the
first year TO 10000 tuns
In ADDITION 70 s the local bushes, Of the route the Road
must become fol the immense business
which pass the "PenHsy 9ania Centra and the
ssnsnry and he Railroad; tas 3rmss ,uao,ns tnsSsa
routes TO Cincinnati and 81 Louis .ad tho other striking
Lake Enc at the town of Enc sss distance from New
York City than BY way Of the Erie Railroad
Although the Central Road yet incomplete such was the
press business upon during the present spring that the
Company compelled TO refuse large amount Of height
offering When sll It's connections sha be completed the
eipht and travel West will be fully equal the capacity
both of the Columbs ard Chester Valley Roads The Ch-
Valley in connection with the Phil.dephs snd No rs
town and the READING Roads will become much the most
entrance into and outlet from the city,
these Roads the locomotive 10 the Delaware River and
to the Camden and Amboy Railr ad
The importance of having outlets from the city for the
Western trade avoid the confusion and inter
ruption resulting from too great accumulation Of freight
and passengers depot will be readily understood IL
ter the right purchase the Road 1.-THE Columbia Road
being State work. upon the payment OF the cost OF the
Roao. with eisht cent. interest uoon such sum
The Of freight and travel TO and fom the West
will be vastly increased by the construction OF the Sunbus
Enc Railroad To all this business tho Chester Valley
Road form the proper outlet has more convent
into the city and the ver route from DO Snng
town to Philadelphia, follows the natural route for rail-
road and avoids the heavy grades which have proved such
serious obstacles 10 the business Of the Coumbs Railroad
Another very important tact in favor OF the Chester alley
Railroad is that this merchandise from New York ans
the North Philad- pha 70 be transported the
Road be rW arded without the add ncon
venence of draysge through the city. The Peonsyrsns
Central Road must be very extensively used BY the city o.
the shortest sndonsequently the cheapest The Chester
Valley Railroad Will offer Just the facilities necessary Tor
this trade.
yer. careful estimate made BY those most acquainted
with the local business of Chester Valley, and which is be-
hevtd DO perfectly reliable, makes an aggregate annus
Deduct 40 per cent of above for expenses 1881
Leaves net income of. .........s7235o
7per cent interest on Bonds (SoOe,O
Leaving ........... .sss7s5o
which is sufficient to pay per cent dividends upon the
capital stock, $500, 900
This estimate is based upon the local business alone
When TO il IL added proper proportion Of the stream OF
Western trac-slresdy immense, and ausmenti.s daily
this road gives to the Stockholders OF large dy
depds.
Full authority Is given issue these bonds and to make
them convertible into the per cent preferred stock aud o
create mortgage them that the security 10 all
Of Mesns. VIM. A. Porter and Vim. Rawle, weu-knowD
lawyers of Philadelphia
property costing sliOOOoo morsasod for $500 COO and
that the estimated earnings put $2 $50 anosn
exceeding the es2i n goRR hs ISoas
Philsdelphi., May 20, 1882
Rersnees as 70 these bonds can BE- made TO shepherd
$3.50 Of the Bonds have been sold for the Iron on for
eiEn account and for Investment .,.o nan -,
Sealed proposals for the remaining $3.50 900 viii DO
ceived at the office of J. A UNDERWOOD SON No. u
Merchants Exchange, until o'clock on the 18th day o.
June, inst. -
PAYMENT will he required 20 per cent. on notice OF &C
cepance of the bid 80 per csut on the 10Th OF july seo
ths balance on the 10th OF August full payment NAV be
made At once Accrued TO the day Of sale will be
given to purchaser Bidders invited 70 be present
the opening Of the bids A. UNDERWooD& SON.