New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-05-21
GnanriaI.
Proposals for Loan
CENTRAL INDIANA RAILWAY

NsEvEN PER CENT FIRST MORTGAGE CON-
VERTlBLE BONDS-The Indiana Genital Railway Co.
9fer Tor sale eaOoo Of Their Seven per Ceat Mortgage
They are of 200 EACH payable the LIST Of May,
the st November and LIST May. in the City of NewYork,
where the principal is also paysbe cured bv hrst
and only mortgage deed OF trust TO f. D. LANlER IN
for the bondhoders-
They issued snder acts Of the Legislature OF Indians
authorizing them and the their payment
The Of Bonds thus to be Issued under the mortgage
SonOO00 of which $4,000 have been disposed o-ony
s2b, coo offered for sale.
The mortgage the whole Road OF the Company u
miles longis the st and only lien thereon This embraces
the Company line from Indianapolis East 10 the Ohio state
line.
The entire ne is under contract for graduation aud ma
sonry about Is miles the Ohio State line now ready for
the superstucture heavy Rail has been purchased for
the whole Road and Is now In the course OF arrival
The Road will be completed and in operation by the LIST OF
January next.
The for the construction and equipment Of this Road
is provided by stock and bonds The Of s160oo0 has
been subscribed the capital stock of the Company
$4,000 Oft has been paid in aud expended the line the
residue being regularly paid at the call Of the Company
The Stock list Will be increased TO S6'O0o0 To raise
the remaining the Company has esored TO tins loan
The mortgage gives tu power 70 the Trustee to take pos
session of the Road its personal effects pots ground kc
and TO sell the with franchise pay
either interest or principal N case ofdetau,t
An inspection OF map will show this Road 20 occupy
important positions is part of the great line from New
York Columbus and Dayton Ohio and Indian spos
ST. Louis By the LIST of January there will be con-
Tee Haute in Indiana The resldu. OF line Hi
nois will probably be completed in 1853.
This Railway the Oldest settled wealthy
porucus and best cultivated of Indiana its
whole within ~ to 20 rods OF the National road At
the Ohio State line connects with the Dayton and Column
bus Road 81 the point with the Eaton and Hamilton
Road this last giving direct communication with the City
OF Cincinnati TO Central Indiana TO which place nearly
entire trade OF that region tends
No portion Of the mississippi Valley equal to this
Try on and near the line Of this Road and connections ia
wealth and pfoduciveness the amount Of travel and trans
portson that must necessarily pass IL will certainly
make receipts equal If not greater than that OF any other
in the West.
The estimated cost Of this Road fay completed and
stocked for years operations 0 g5 go This very
low cost from the adaptedness Of the county 70 the
construction OF railway.
The bonds above named constitute the only debt of the
Company.
Sesled proposals will he received for any sum not lee.
than S.oo until Saturday the 18th day OF May inst
O'Clock, 7. ~.
Proposals v be addressed the Agents Of the COMPANY
hessrs WlNSLOW, LANiER CO. No. 80 Wall-.t In,
dOrsed- Proposals. for Central Indiana Railway Bonds
Twentyhye per Cent OF the purchase moaey will be re-
qnired 10 &c paid accepting bid the remainder in
equal monthy instruments OF . per Any purchaser
bond will run fr N date Of payment
The S2O oco will be sold absolutely and vhopt -
serve the highest bidder
Apfn.ed exhibit with map and all necessary Informs
ton IN relation 10 these securities be had by calling AZ
the Office Of the Agents Of the Company No 81 Wast-
New-YoTk, Mag %, 1852
JOHN S. NEWMAN President
Indiana Central Railway.