New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-09-09
PROPOSALS. for LOAN.-S1OO.

y DAYTON and MICHIGAN RAILROAD SEVEN
PR CENT. FiRsf MORTGAGE CoHNERliBLs
The Dsyton and Michigan Railroad Company offer for sale
100000 OF their noIgag Bouds, with Coupons
They are Of 81 each payable the LIST July 1857
with interest at per semi annually, In the City oil
on The ist January Aud the list ny of each year
where the PRINCIPAL ia PAYABLE They secured
by first and only Mortgage Deed OF trust to Joseph
VsInum the City Of New York in trust for the bond
holders They issued under OF the Legislature OF
Ohio authorizing them and the mortgage their pay
ent The amount Of o9ads thos t9 be Issued aSas, g
capital stock of the Company at the option OF the
The amount Of Bonds at present to be issued under the
morgsee Is $4,000 Of which only $4,000 will now be
offered for sale
property zeal penoba commencing at the terninaon
of the Cincinnati aud Daytf Railroad the City of Day
bugh Maumee City and Toledo, Michigan state hne
10 the direction Of Detroit l4O miles long
The mortgage provides that the Company shall only ssrs
the Trustee certify under It, $SCWO OF bonds until
after the Road is finished and in operation to Sidney 80
miles S2O0 more after the same hnished ad In ope
Lin 65 miles and 81 on as the Road b completed
t point point and the money needed to PURCHASE iron
rails &C.
Thai part of the line lying between Dayton and Sidney
and now In the srrival-wi be completed
operation by thu INST OF June next
An ARRANGEMENT has been made with the Cincinnati aud
DAYTON Re ad 10 run II for Il present
The entire line from Dayton the Michigan State sne,
EQUIPPED for yeaI estimated u st 50 O0Vo That
part lying between DAYTON aud Sidney Sh50O@
IL Is the purpose Of the Comoany complete the line to
Sidney fI the residue from point to point continuously IS
the MT ans 81 The Company viii permit
To comolete tie Road ~ Sidney the Company has an
available sock subcluon Of aboct 500 " which has
beer mostly col ccted and expended the Ge To
the aiming rnesDs tas loan Is resor1ed %.
Active IN progress by the Company 70 raise
line. consideIsb has sady been subscribed The
entire hue expected viii be placed under contract for
graduation and masonry early next year. aid completed
The Mortgage gives fu power the Trustee take pos
session Of the Road personal effects franchises, depot
grounds &c. sell TO tie highest bidder %
rAe money pay either Interest or principal IN ea's Of
default
The country through which the Road passes with its
1usotrg link Cincinnati Is not only unsurpassed but
Ur.vsed by shy other OF equal extent IN the Onon In
Fertility OF soil sby Of sustaining dense Population,
ard IN all The elements u wealth and property.
The report Of he Auditor The state OF Ohio for 1851
shows thHt 90 ut oneonh ~ Tie entire aNa'c property
OF that found IN the twelve counties thfoIgh
which tins hue pass,s irou ro,do to Ciucinnau.
Tie southern oton of the line passes through the most
pofuous sud fertile portions he United safes; hall
eeutur $50 10 uubgaken fo,est
~ SoIsy his line tne Se.eoL aine and lad
Railway Al Lima, The OHIO and lndlN wnch viii prove
aysua1ie tnhutary opening 20 It The in neuse tra@e 81
re,ion AIouno Font Wayne, anc hat west snd north
At Toledo e connects with the Nchssn Southern and
Lskr shore koaos Ins hue VIII son be extended o. De
ut Al Dsyton 70 connects With the r1sd % Cincinnati
south srd 20 itfistsro's ~es. snd Columbus sss-
1t's k1d a. putahy pay is share holders ql-- - we
The trcirnAn and Dayton Road, whose STICK uo@ -
o. shove rsr
An eSsaiusiion ola map Of ,his iue VII show thu: il
occupies most important position, nearly, u aot qlie,
equal To any other u that >tzte
Sealed proposals. Will be received Tor less
than SlO uuui ssrucay, the Oh DAY Vi this uoath, Al
o'oock Z.
Ficr s,s 100 b. sodessea the Agents OF the Conpa-
nv hcss-s. NiNSl OW, LANIER co. No s. " 4l-sf.
indors-o "PIopo's.s for Dayton aad Michigan R4soai
Bonds
Twenty-Five Ter cent o. ths purcNs'e rooney WI, BE- re-
eurd o. be- psd accepting the bids the remainder a
equal rouih, iusiaments Of = pr csnt Any
vii be 81 liberty 90 pay "a fan ~ Interest on the
Bonds Wii nom tbe day Of payment
The shove Sluo Gel" l 10 sold slsJlute-y and without
reserve 20 rho highest b'dcsr
printed exhibit, win usp and al Necessary NORMA
ton n rrstic O. these secure be had ~ calling
tie ohcs u the CcrnpSpys Agents No 3 Wal - Nsw-
York. JNO. q. TELFOkD Precedent
NeW-Nork Sert 1879