New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1853-03-04
SIMEON DRAPER WILL SELL BY .pc-
~ non. on FRIDAY, Msrch IS al ~ p. NJ At *, ",

- o.
ssoot q The First MOr,ssge Convertible Bond, a. ~,
WELLSNlLLE COAL and LAND COMPANY o., -
NswYora 1888 and bearing coupons for nsres a IN. %
OF per cent Per snnu PAYABLE lat JSsry and Ia Inv
This ia the unsod balance Of an issue q so Of Bsnss
the proceeds OF which are to Be applied 70 in prove a.
Companys property.
The welsville Coal and Lad Company. orr.a,,.s mn.
der the General law OF the State Of OHIO with s.rt,
sSoCeo in four thousand shares % $50 each own y,,.
bic real estate. composing:
lst Nearly mile of tie OHIO River irout.re IA w.p
vile. giving MONOPOLY Of the landing IN ths to-p r.
WHARFAGE 10 good with deep water close gp n ~. -
The riroad track runs .ons 70 whole OF ,As frunsa;
ard then two Gtptts are iOcasa herr.
ID. One hurdred Of prime lands surrounding A.
village Of Wesyle eta character reQairins htis o. 40
expense 10 IL q for house foundations and akornx rS
material for bui ding. either IN stone or brick -
50. One hundred Of land adjoining the above sss
e SP re sssss .SS wss 80, s;s n wesysl
valuable quarres OF stone Of po.sers and ere eay no
extensively used for VARIOUS Kinds Of earthen ware ana
above all, immense deposits Of buiminoas coal
This Is the renowned Yellow Greek Cod specially ay,l.
upon By Prof Twinng in his reports, sup>ns in qas-
ity and convenience OF scceSS an the coal veins bew,e
Pittsburgh and Western Indiana There are two wide ey.
tended beds on the properly both OF good qaa
ty but Of yal'ed senee TIE veins Of
themselves and og every could b. wis
ed for convenience Tor woskns running the dowa
nowhere than hsfs mile distant from the mouth az
the pit The superficial VEN. OF four and bali ct
thick Acknowledged 70 be the best coal available f n,
market of Cleveland ard The Lakes IL is cot in bright
bi-umnous hard iumrS very free from and sapsur
ard rs quality makes sought aeE with avsy By the Ono
steamers.
Welsve occupies the commanding point on the urea,
North benG OF the Ohio whSre this approaches
est 70 the Northern lakes
glance al tho msp will show at corresponding happy
inexon OF the South shore OF Lake Ere bTnss the
boat uavs alton Cleveland 20 toe OF 10 Wek-
Vile - 20 give the latter unuveed advantage for esy
on the tras between Pennsyvtns and tbs seabSlu IA
the North and Norh-westein a.e DISTINCT
The Cleveland aud Pittshugh Railroad which hss resent
y rome into successful operation selected Welsvile III
Southern terminus The length this road only 70 mles
ard Affords the most favorable channel for Supplying tie
lakes with coal from the Companys mines The village OF
Wel.vle Is pleasantly land terrace OF ver bot
tom lands elevated above tina highest fools OF the Ohio,
ana is amply supplied with pure water rae enyirons
beautiful the surrounding country healthy and fertile and
inhabited BY industrious farming population Prov
sions abundant ard cheap aud the location, 10 miles
from Wheel ling and IL from Pittsburgh offers unusual s.
yautAgcs manufacturers about establishing themselves
The Company deliver their coal at Cleveland for ez
than 81 pertun The prices II commands there range fe
s. to 81 and there Ample margin for proht what
they furnish the PIT mouth for steamboat manufacturing
and domestic consumption.
To enable them orenou the coal veins thorou d.
IT, TO ay down their rail tracks from the whayes and rail-
road d6p6s the mines aud - work more exte osvey this
Cleveland coal traffic and also 90 improve the wares aud
suding the Wclsve Company come into the market
for loan They offer most ample aud undoubted security.
and they further extend the purchasers Of the Bonds tho
privilege OF converting them any time before st January.
s5e into Compsnys stock References allowed TO John
r. Clarke J. L. White, Wv. Graham, and A. w. Flint,
New-York or 70 the auconeer where further particulars
car be had. JOHN W. ROBERTSON, President