New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-06-25
SALE of s25o.OoO SEVEN per CENT.

BbATCHFURD RAlNsFOhO NO ~ Wilhsm-H
GALE of S25O.OOO SEVEN per CENT.
~ FIRST MORTGAGE BOsDS Of the CHESTER
VALLEY RAILROAD COMPaNY, CONVERTIBLE
Chester Valley Rasd extends from It's intersection With
the Phi'sdepbs and NorowD and the Rssdas Railroads
Great Valley" Of Chester County, q miles Downing
the Columbia Railroad distance of 81 miles from
Philadelphia
This Railroad commenced 1887 and Eight Hundred
Thousaio Dollars actually expended It's construction,
not having enough complete It, tn monetary
of year compel ed its friends stop tbs sns
peon expired Ii 1882 the Ceestel Valley Railro-d Com
psny chartered providing for the consolidation n the
thai what actually $3.50 600 without the adj
non ofntsrest represented by stock oo FREQ
such Is the confidence Of the Stockholders in the earnings
Of thu Road that thew have obtained from the Legislature
cent Nor g,ud. which are cony|rDle al any tune
INTO EIGHT rER CENT. PREFERRED STOCK;
which stock Is PERPETUALLy entitled eight cent.
sivioepd before the other stock shall rece.ve snv.
the payment of the Bonds aud he interest there
the Corpol alton have Issued Mortgage Of all teir rights
property aDchses Acquire and ~ DO scqur-d 10 Shep
hsId Knapp Alfred G. FrsEer and Daniel Miller, OF the
city Of Ne YORK. Trustees With all the usus and proper
thai the svsis Of the Bonds shall be expand
Ia the completion VI the Road The interest payable
annually aid the principal at maturity In thu q Of
New York the Co porstn have contracted with Mssrs
Strong Bradley Of Vermont for the sntire completion OF
said Road ready for running Of by the first DAY
VI December ne xt the contractors have entered on the
vigorous prosecution OF their work They have purchased
force of every uLf.hed portion Of the Rpai there
doubt from the character 81 the work 70 DO done that
will be completed within the soecifed time.
1har the Chester Valley Railroad only to he good
security for the bouos issued bat 10 be sgod Invest
mt ut 'o the stockholders careful nyesrear0n OF Us
nelS viii satisfy every candid person it m9,t 'uy sna
perfectly accommodates the richest pat OF Montgomery
County and the Isest part OF Chester County tons Oth
richest n 81 dqe1Ve mineral and asncuitua regions
Of Penusy lvaa with marketing scidnes ano viii In effect
b~suul valley entire market garden Tor the
400 hsbsn. Of Phi adelrhis Checer County contains
poP"isn'n Of 6osOO; AZ yea OF to~~ acr-s So an
acre sd ssc for each soul Tor the entire couos fhs
syerse value Of the lands the line Of the Road NOT les
lis nne resources scarcely second to It's agricultural
wealth The VI the Rood sbOuuds quarne, q" sar
bic limestone, and In bees OF iron ore Much OF me
s Tile os.o In The notion Of the Grsrd College, Un
ted states Bank and other public buildings of the city
usrr.d ON line Of ths Road and IL IL believed that the
the Road will greatly Increase the demand tor
tse marbles for architectural purposes as viii make
ana most beautiful OF building Susanty Of
anthracite cs Is consumed along the lne OF this Road
apo upon the COLUMBIA Road ana In the valley OF tie sfsn
DIV me for nufctuns purposes burning lime, and do
nestle which is either hauled Ia wagons across
from thr 81 huvki Va ley brought around oy the Resd-
iDr aud Columbia Rsrosd through the City Of Pbiadei-
phia additional distance OF IS miles This article must
Immediately its cUupleoR pass the Chester Ntey
Rsiosd reduced charges sEd 10 greatly ineessed
qu.n'ies ana II Is estimsteo that 1t VIII an1ant In me
In sdcon TO s the Of the route the Road
must important tor the nmense business
sun ury Ere" Railroad the former running through
PisbuI al aud heeiius aod extending onward oJ vaous
~ uau ~.
Lake Enc al the Of Ere less distance FROM New
YoIk Cry than bv way Of IN. Enc iirOsd
Although Central Road Yet incomplete such vast re
press business upon IL during the present spring that me
Company ,eed Ia refuse large amount OF helgnt
Offering When ali shall be completed the
freight and navel Wer viii be fully equal u ths Sepsey
both OF the Columb. sd Chester Valley Roads The Chez
Ter VALLEY in Dnection with the Phsdrlphia end Morris
town and the Reading Roans will become much the most
copyrlebt entrance TITO and outlet from the city
the. Roads locomotive 70 the Delaware aveT and
70 IN. Camden and tmboy Raur ad
M hay1
enormous Western trace avoid he confson and inter-
rupnon resulting from 100 great an accumulation Of s s1,
was Tor tins Legislature reserved IN the char
the rsht purchase tie hoad 1.-THE Coumbl. k1ad
beinr work. upon the payment o the cost OF Tie
Roao with eisht cent. interest oDon such sum
The amount o. freight and travel to and ON tne " est
will be vastly ncreastd the construction OF the Sunouy
ano Enc Railroad To al this business the chester NHey
Road fo the PTvper outlet a II mas more sonse
ent entrance into and the nve route rom Do @nns
town 10 Philadelphia. follows the natural roaae tor rail-
road ana heavy grades which have P0yed 'asa
serious obstacles the business OF the Columns h4ryaa
hsother very important sci fayUr Of the Chester aey
Railroad Is TIA. this tTchandise trom New OK sna
the Nuth sent 70 PhllGdelpla 10 he transported over e
Genial Roan can be or~ arded without tie cost aud neon
veuenee Of ofayage through tho city Iae fusy vans
Central Road must be vefN extensively psea ny 'e ~
Newton. OF its avenues u the Vest a. wn %
the shortest ENTHUSIASTICALLY the cheapest
Vale, Railroad will offer Just ths facilities necessary 0f
Aver careful estimate made BY those most scquainea
with the business Of Chester Valley, and ~ch De
hevtd be perfectly reliable, makes an aggregate
come ACKNOWLEDGEMENTS. u ~ %
Deduct 20 per cent Of above for exPeDses'''''' 4S
Leaves net income Of..........s72.S $50
7per cent interest Bonds tSOSON)
Leaving .SS57S $50
which s sufficient pay per cent DIVIDENDS upon the
capital stOcA, (S6V.WOl 49,, 49,. -.
This estimate - based upon the local business alone
When to il 70 added eroPet proportion ., me u
Mesieru tIsheair-ady immense, ana sssneh tths al
tins road gives 70 the Stockholders Of "a Sc NV
de1ds. -.
Fun authority gwen issue these bonds aad 10 make
them convertible into per cent preferred STOCK ena 70
create mortgage them that the secnnS ~ al
respects rsa viii he By reeence to the opinion
OF Messrs. VIM. A. PorteI and VIM Ragie, Seh-Aho"h
| lawyers Of Philadelphia 49,,
By refsrruce previous statement 10 VIII appcs A
sprupsrty cUslng SlO0OoO "a nosageo tor S1Aloo ana
that the enaied On.s put ~ So 40 aa n
lss, " exceeding the pei interest on TIE 6nds
| to he issued W 81 T. hOiNNiSs hAoAA~~--
Resi vscrs these honds be mese 70 7posIa
Kparp Aimed :. frsseI Daniel KILLER, New OK
$50 900 " the Bonds saVs bean sss Tor Ne ITon on W.
/ eisn accous,t al Nr isv.s,lsGlt -, =,
Sealed pSsps-sls for tie rco.sniss sse Eli -
! .,i,.s At a. orss Of A UNDERWOOD son, We y
EeshAuts E1sispge anil o'sloSk, on As -''h s'y o.
/ June Inst -
PAYMENT will he required ~ per cent On sotice Of 80,
ceptanoe Of ths bs 20 per tie ioth OF Jay sas
balance ths 18Th OF Augnsi or tall payment mss %
msde a. Accrued interest," 10 the Gay OF SAFE s %
given the purchaser Bidders invited 70 % pfrs a.
| tie opening Of the bids J. A UNDER"oopS sun
THE MECHANICS and TRADERS
Il SAVINGS BANK, No 400 Grand St, between "iiie'
| enc SenffSs, New Nxk ,
| President. WALTER UNDERHILL
| First Vice Precedent. RICHARD NJ dOE
! Second oe-PrsEdent. C CHANDLER L. IN1ERSOLL-
nrta-