The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1852-03-16

PROPOSALS FOR LoAN.-s25Occ0 BELLErONTArNE
erSs SoadTSs Rsllssssaae and Indiana Railroad
S%pany es ss Of ,ns, sever bg cent mSs
ss the 1t Ss s az
fns i aS payable and are ssarsd sy IN 10 e
holders They convertible into the stock q tho
the legislature Ohio authorizing them sGo
morgage as above TO assure the payment Thereof Ihs
limited 100000 which 500 600 have disposed OIL
disposed Of as the wants Of the COMPANY herestter from
the whole i road Of tie lis miles long and s
hrst and emily lien thereon This embraces the entire Inc
sSy At or near Gallon where the CLEVELAND
Railroad crosses the same through Marion heieontane
dividing the states ofohio and Indiana where y connects
nearly esmpIsssd The entire line Of lis miles Is under COW
tract for graduation and masonry and about hfty four me
the rails are purchased aud N the course Q, arrival II
ana operation ~ tho day July and the remain
der q the line by the s day O January next The means
silei " sSSek and bonds sum $4,000 i, SOB
has BEEN already paid IN and expended On tie e
and The purchase Of materials &c The residue being
NAHUM" means The cs%rany Ss. resorea 10 this loan c
either interest or principal to take possession road
With It's and % reeve ts earn,ngs or to sen
An inspection 81 The nap viii show tie road to an
iT%nSs,iSs ro through o Z
and st. Louis BY Of Terrc aute The indianapolis and
Indianapolis and Belletcntaine road completed ana
operation from indianapolis to point the Ohio State
line, and VIII be entirely completed by October next
company has been make tho remaining portion
Of roadlying between Terre ante and ST. Louis and tie
work will be placed under contract 1t will be
mat hs the nearest nest natural and direct route from
New York and Philadelphia St Louie, trayersng perhaps
the most fertile porulons and improved portions Of the
States through which tina line Prom the nature o
the the construction of railway and cheap
The estimated cost with sufficient equipment for
il S164S6 The bonds above the only
debt company That this will prove
usefulness and profit admits Of but little doubt It's local
business alone will yield IL handsome support. But
nected East aud West il will he OF the
channels Of travel in the United States II
be the principal line Of travel from the Eastern
Northern cities 20 st. Louis and the regions
This will make the convertible clause of value
early day Sealed proposals will be received
not less than 0O until Tuesday, the 31th day Of March,
instant at O'Clock, r. NJ. Proposals will he addressed
the agents Of the Messrs Wnsow, Laner Co.,
No 81 Wall street Endorsed Proposals for Beiiefontaino
and Indiana Bonds Twenty-Five cent Of tho purchase
money will he required 70 be paid on aeeeptng The bids the
remainder in equal monthly instruments of - per cent
Any will be AZ liberty 70 pay in sn. az once and
above $3.50 600 viii be sold absolutely and Without reserve
TO the highest bidder. printed exhibit, with and
all the information in relation TO these securities
be had by calling AZ the office If the Of the
pany, Ne 50 Wall street. New York. March d. 1852.
JAS H. GOODMAN, President B.llsf.n ,aire and Indiana
Railroad Company