New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-03-10
Proposals. for Lsan-
$C5O0M BE I.L1:F! S4 Io.G

R~OOSVOO AND INDIANA HALLWAY
SEVEN PER CENT, FIRST MORTGAGE. CON
vRRrIBLE BONDs.-The BsllefOasaias and Indiana
Railroad Company offer Tor sale $iosoe Of their SEVEN
PER CENT MORTGAGE BONDS. with intsrsss Cos-
Dcrs annexed
They Of 81 eoo EACH payable iss yay, 1896.
with interest," per cent semi annually the st day Of
July and January at the Bank Of Commerce, in the City
where the principal also payable and ass
secured BY mortgage to John A Stevens Esq. Of New
Yeik, he trust for the Bondhoters They Convertible
Into the stock Of the Company At the option the holders
They ssued under acts Of the Legislature Of Ohio, aa-
horsrg them, and the mortgage above 70 secure the
payment thereof The amount Of Bonds 20 be thus issued
under the Mortgages limited $500 CO., Of which 500 900
have been disposed Of Only S2ooOe now offered TO
sale The residue will be disposed Of ~ the wants Of the
Company hereafter from time to time may make nsess
saYy.
The mortgage covers the whole Road of the Company
lis miles long and IL the and only lien thereon Thus
embraces the entire line sm its connection with the Ohio
and Pennslvan Railway, AZ O. near Gahen, where the
Cleveland and Columbus Railroad crosses the same,
through Marion Besfontaine Sidney and other import
towns Union the line dividing the States Of ONO
and Indiana where connects with the Indianapolis and
Bsllefortaine Railroad, now nearly completed The en-
tire line Of 8 miles under contract for graduation
and masonry and about miles Of nearly ready
for the iron rails portion of the rails purchased and
in the course Of arrival 1t expected that the first Sec
ton Of the road will be completed and in operation By the
LIST day of July next and the remainder Of the line BY the
first day of January next
The means for the construction and equipment of the
Road are provided Stock aad Bonds The sum Of $780,
900 10 subscribed Capital Stock of the Company and
$500 been already paid in and expended on
the line and the purchase Of materials &C. The residue
Is being regularly paid the call of the Company To raise
the remaining means the Company has rssorted to this
loan.
49, In nf fa,1u
to pay either interest principal to take possession Of the
Road with its equipments and receive its earnings,
to sell the same due notice and apply the proceeds In
payment.
An inspection Of the map will show this Road to occupy
an important position is continuation OF the Ohio and
Pennsylvania Road through Ohio thence to Indianapolis
and St Louis by way Of Terre Hau.e TIE Indianapolis
and Terre Haute Road completed, and operation
The Indianapolis and Bslleonaine Road completed and
in operation from indianapolis to point near the Ohio
State hne and will be entirely completed BY October next
Company has been organized to make the remaining
portion road lying between Tee Haute and St. Louis
and the work will soon be placed under contract.
1t will be that this is the nearest most natural and
direct route from New York and Philadelphia to St. Louis
raversng perhaps he fertile populous and improved
portions of the States through which the line passes
From the nature Of the country, the construction Of
Railway Is easy and cheap.
The estimated cost, with sufficient equipment tor one
year is 81 6i8,6Se
The BONDS above named constitute the only debt ofth'
Company That this road will prove of great useful
ness and profit admits OF but little doubt It's local business
aleHe will yield it handsome support. But connected a.
it is Fest and West it will be of the greatest channels
oftrough travel in the United States. 1t must DO
the principal line of travel from the Eastern and Northern
cities to 81. Louis and the vast regions beyond This will
make the convertible clause Of great value at early day
SEALED PROPOSALS will be received for any amount
net less until Tuesday the Soth day of March.
Instant at o'clock M. Proposals will be addressed to
the Agents of the Co, Mesns. WINSLOw, LANIER &
CO, No. 50 Wast., ndorsed Proposals for Bellefon-
tame and Indiana Bonds"
Twenty FIVE per cent of the purchase money will be re-
qued be paid accepting the Bids the remainder in
equal monthly instruments of a per cent Any purchaser
will be liberty pay IN full at and interest on the
Bonds viii run from date Of payments.
Tho above s250 GOO will be sold absolutely and without
reserve to the highest bidder. printed exhibit with
map and all the necessary information in relation to these
securities be had by calling at the office Of the agsn
Of the Company, at No. 50 Wast. NewYork. March g.
1852 JAS. H. GOODMAN, Prest. Belief & Ia. RR. Co.
NICKERB KER SAVINGS
IN BANK Eighth-av cor Of Twenty. third-st.- open
every MONDAY, THURSDAY and SATURDAY, from
4to n This institution per cent interest on all
deposits not exceeding $5to.
he chatter this instntoa secure: to mincrs and e;
males, maYried unmarried, the sniue CONTROL Of al
moneys deposited In their names.
TRusTEEs
William W Campbell. Henry Dubois,
John Ives, NJ D., John scCie,iana, n d.