New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-05-20
Proposals for Loan
CENTRAL INDIANA RAILWAY

NsEvEN PER CENT. FIRST MORTGAGE CON
offer for sale 500 eco of their Seven per Cent Mortgage
Bonds with Coupons attached.
They are in sans Of 900 EACH payable The ls Of May,
the let November and st May in the City of NewYork
where the principal is also payabe are cured 6y hrst
and Only mortgage or deed Of trust to j. LANEh IN
trust for the bondhoders
They are issued xnder of the Legislature Of Indiana
authorizing them and the to their nent
The Bonds thus be issued under the mortgage
Xau 600 of which 500 600 have been disposed o-ony
&2UO, 600 offered for sale. -
Ths rtgase covers the whole Roed Of the Company p
miles ]oneis the first and only lien thereon This embraces
the Copanys line from Indianapolis East to the ONO state
line.
The entire line is der contract for graduation aud ma
sony about IS miles the Ohio State line ready Tor
the sapeisucore heavy Rail has been purchased Tor
the whole Road and is in the course Of arrival
The Road will be completed and in operation By the LIST OF
The means for and equipment Of this Road
provided by stock and bonds The Of s55oooO has
been subscribed to the capital stock OF the Company over
$4,000 oft has been paid in aud expended on the ne the
residue being regularly paid at the call Of the Company
The Stock list will be increased to $0,OOO To raise
che remaining means the Company has resored to tins loan
The mortgage gives full to the Trustee to take pos
session OF the Road its personal effects depo ground Sc
and sell with franchise raise pay
either interest or principal in case o'defsult
An inspection Of will show this Road to occupy an
important position; is part of the great line Eom New
York Columbus and Dayton in Ohio aud indianapolis to
St. lous BY the lot of January next there will be con-
tiDuous line of Railways from New York by this Inns 10
Tene Haue in Indiana The resdus Of the line across ILL
nois will probably be completedin 1888
This Railway the Oldest settled, most wealthy
poTu and best cultivated parts of Indiana in its
whole within 20 TO 40 rods Of the National road Al
the Ohio State pe 1t connects with the Dayton and Column
bus Road al the point with the Eaton and Hamilton
Rood this last giving communication with the City
Of Cincinnati TO Central Indiana, to which place nearly the
entire trade Of that region lends
No portion of the Mississippi Valley equal this
try ard the lire of this Road aud ITS connections in
wealth and productiveness the amount OF travel and trans
poration that must necessarily over H. Will certainly
make receipts equal not greater than that OF any other
in The West
The estimated cost of this Road, fully completed and
stocked for years operations O 8S 80 This very
low from the adapedness OF the county TO the
construction Of a railway.
bonds above named the only debt of the
Company.
Ses,ed proposals viii bs received for any not less
than until Saturday, the 9th day OF May inst al
O'Clock, p M.
Proposals will be addressed TO the Agents Of the Company
Messrs. WlNSLOW. LANIER & co, No. 81 Walst, in
dorsed Proposals for Central Indiana Railway Bonds"
Twenty-Five per cent Of the purchase money Will be re-
CURED 10 he paid accepting the bid the remainder IN
equal monthly inssmens OF % per cent AM purchaser
will be liberty pay in fun at and interest on the
bond will run IN m date OF payment
The $lQ eco viii be sold absolutely and without re-.
serve o the highest bidder
printed exhibit with map and all necessary inf
ton relation these securities be had by eain al
the oioe of the Agents OF the Company, No. o. w ss-
JOHN s NEWMAN, President
Indiana Central railway