New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-12-16
Prorosxls for Loan,
Proposals. for Loan.
$I75.OOO fSeroSs RIA sHS CENT en- t cox.

$l75.OOO SSr5Ss FER Fen c anS LEX Eek,
y2RTIBLE BONDS guaranteed By the City Of Cov h.,.
Tie Co,inr,on and Lexington Railroad con,.n, o~..
r sale sf50tO q their per cect Convertible Bod, xh
Coupons. principal and Interest guaranteed By Cty Of
Thes are IN Suns Of e. 600 each psysble the IL ss,.
her li72 with Coupons payable bAlfyearly NewYo-s
it March and si September. where the principal ssa
also payable They convertible $50 the capital stoei
Of the Company the option OF the holder at any una b.
fore the lst september. 1887
These Rou6s issued under the fullest egs SANCTION
tn have the additional security of the gaianee OF tAs
CIV Of authorized BY special act Of hs Legs
laure Of keaf9esy yoe Q. s re =, ma. ey and
the guarantee extends only to $4,000 Of which those
offered for sale are part , - .
The Coyngton and Lexington Railroad is IS miles long
connecting the City Of Covngton, IN Kentucky oppose
Cincinnsti with the City of Lexinston.
The estimated cost OF the road duly EQUIPPED Is 49,
The present available stock subscription Of the COMPANY
is about al, So. zee, which being incrased.
The entire debt othe Co.pany including The eonis now
offered for sac IA $4,000 The Charter OF the Company
limits the amour, OF funded debt TO the later sum
1hTy-eght miles Of the hne, next 10 Coylngfon, VIII b
completed snd in operation BY The LIST DAY OF My next,
the residue of the line Lexington. about the i Sovs
The Iron Rails for the entire hue are purchased mostly
of American manufacture at rates so less per tun than
About s tS eco has been expended the work up to
this date.
This Road i. of crest promise, usefulness 81
profit an inspection OF map Wall show that t oapies
advantageous position Lexington u snafe IN the center
Kentucky. The taxabes of the County Of Fayetfe Ia
which it situate amounts 10 over at low
of valuations that Of Bourbon County through which
the Road passes 10 over Sl3.oo00eo
This Road connects Lexington with Cincinnati, to which
latter point nearly all the trade and travel OF that portion Of
The amount OF travel and transportation this line
must be very large There question but the rsturn
the Stockholders VIII be highly satisfactory.
The completion Of this Road win aid greatly to the value
AZ Lexpg,,n thi. Road will connect with the great
fhfrp the Nah
vile Memphis New Orleans and Chaleston with the lines
running 10 Msysvle and Louisv e at Cincinnati with 10
Railway lines running north, east aud west ffou
The security is of the most ample character being 6rst
that of the Railway costing O. 5 0oo the entire debt q
whcbis but S0o0O and the guarantee Of the CITY OF Gov
nston with population OF 1900 souls, and
S5Oo0eoo axables. and rapidly increasing In wealth and
Sealed proposals will be received for any leo
than 81 eco until Saturday the 18th day Of December inst,
Proposals. Will be addressed to wINsLow, .LANIER
& CO. the Ag mis- of the Company, No. % Waist New.
York, Tdors.d Proposals ior 'o''ns'0n ana heAins"a
Onehalf the purchase money will be required to be paid
at the of accepting the bids the residue IN thirty dayl
ANY purchaser will be liberty pay full At once. In
te1ss on the yc run from tHs Day o.
reserve to the highest bidders
For further information on this subject refer above
to the Agents S O. the Company No eM' CASEY
President Covinston and Lexington RAILROAD Co
MEMPHIS CITY SIX PER CENT BONDS
N -GUARANTEED BY the MEMPHIS AND
CHARLESTON RAILROAD CO.-The total debt dths
CITY of Memphis, including the above named bondA .
S4Sl 6 sed value Of real estate and other tAxabe
property for the current fiscal year, 81 ow; being
increase Of fifty per cent IN two years sea Ie'ssss
from taxation for this year, Sl52T3 Popuauon IN lses
2O26; in 1850, 1859 1889, 1890. 49, .
The Memrhis and Charleston Railroad is 2si miles 10
length aud uaveses some OF the most fertile Soeancs
Tennessee Mississippi and Alabama. interesting the Nsh
Vile and Chaan oosa Railroad and perecns an unntsr.
rupted communication by Railroad from the center 81 the
Valley the Eastern and Southern Atlanta
seaboard The cost will be 600, against which
of stock subscriptions have been OBJ aimed and
large proportion thereof paid aud the State Of Tennes
see provides 8CCo per mile the portion of the line within
her limits ga niles making $4,000 Ninety tive mileswu
be completed and in operation by LIST January 1885 and
is expected the balance will be completed within sssssa
months from this date.
The BONDS are for 81 COO each, interest and principal
Further particulars regarding the security Of these Bonds
can be obtained Of the understood by whom they Of
fered for sale. CAMMANN, WHrTEH0USE Co,
No IS Walsl