Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1855-05-04
o@Sl 900 GOO BUNDS or THE yIR-

NwSSi, 100000 BONDS or THE VIZ
49, GINA AND TENNESSEE Raj. ROAD CON
RANi.-Proposals will be received for tie WHOLE or an!
part Of the above issue vi Bonds. They IRE dntch ir
July s5l aud payable to bearer i'll the city OF New 14h
the 3oth June 1894, with interest Coupons attached; nj
the OF per per Hnnun payable scni hiihai
at the Rank OF America, the let oil January anu '
oacl year, and one-hnli their amount coiV'i"'' INV
stock OF the company at the option OF the hosu'i. L
These bonds issued under full authority o. w" r ~
holders, for the purpose OF finishing hIu "qpp On the
ROAD una they secured by sccoh" in9' s;n,nn,
road with all the real estate fixtures anu r,n;n;n
franchises, appurtemnnccs and Prlrii'ses i -tn tn1
thereto The first and prior mortgage, ID Tor Sl'NvVvo
of which al 100000 was taken by the St"t, Oh , va
L. following very advantageous tcrus % PEI 'ch' mt
rc nud the principal be- qUia,cd 10y pay mrhl7 ANN"
nIly of o,r per for ~ ycnr~ commencing on me s
of July 1853 The rema!u. 500 Uoo were sold at PR
Thc cnn,;nl 81, th. conpny is s;LOGO0OO tLr"c.tl- of
which is held by the state Gf Virginia, al" 'hr "io'c
amount paid in Is S2,?1i.lUO
The length the roud, from the City oil lSchuurs 10
the Tennessee line is G miles Of which 10 are entirely
finished aud in operation Tho remaining "' ies requii"
only S:t 600 to complete theti ana tch months ieoor Is
only necessary the entire ronh lio in!l operation
There In, been expended the road about 80 oooooo III
construction rolling stock AMI expenses. SUM doub!" the
aoa; OF both mortgages, which together DO not exceed
an, mo nor mile OF road The roud FIRMS II link in the
chain OF rGods which TO brcoT" probably the most i'm
portant The Union. ev:'s am almost straight Inc
from The Northern and Eastern cities 10 those tue Gulf
Of Mexico and the Mississippi, shortening the distance
more ,hsu go miles. and there is but link be
finished afford continuous rail road transportation from
the city OF Washington Montgomery, Alabama But in
dependent OF The trhVc! that will cuc 10 ns part oi the
treat South North Line tho Virginia and Tennessee
Rail Road has certain local business Of liz own, which
rugr ascertsnea by the earnings of last only -
mile. open (S63'29 Tg being sufficient OF rsclt 10 sup
por the rond ltpasses almost lts whole length through
region shounIns with variety ct minerals oil the mos.
valuable nature such lead coal iron, copper salt and
gypsum all OF which cxist IN great abundance which have
been hitherto elected but which IRE inst being develop
I'd now that they bc conveyed 10 market In short,
IA, prospects of the road hrtern; nnd iostcre
has been by the ta;e. and supported generally by the
.oi,r o Vir.ia with ~ lar.ca cash capital Hctslyra
believed security hTS recently been offered oil
better The Company nvc agreed 10 st apart
per cent annually Oh the ntoun OF ia.r ce'n' rom
the earnings Of :hn road, %nkIn: Fund 10 NICE" th'
pnvlC nj tLl maturity and the Stockholders have
adopted, line of policy, tn declare no dividend except
inc cash surplus after the interest AID Sinking Fund
| have been provided Tor.
The terms which the sale will be- mndc nre 2pcr cent
down. and the balance payments OF 10 per cent every
thirty duys ill all puii. II the whole amount Is paid ut
once interest LIST July TO be allowed The right oil re-
ectng all any part OF the bids reserved II de- ned
the interests OF the Company do The bonds will
be lodged in bunk be delivered when the whole amount
is pud, Full Information will be given on al sIsoects con
noctrd with the huancinl nairs .. tie Company which
could be Desired bY paics shng 10 offer tor the bonds
ana docGip and references Obtained by applying 10
Adrian H. Muller, Esq No. ~ Wall street, New York, TO
whom be sealed and marked Tonicr TOR
Rail Road Bonds" before tn" eth day Of May next
JOHN ROBIN MCDANIEL,
President Virginia end Tennessee Ruil Road GO.
Tie Board Of Directors
HENRY DAVIS,
GEORGE STUART,
WILLIAM 4 NEAns
THONAa /. PRESTON
WIN T. ANDERSON and
C. {. ". tiARSETT, is Chief Engineer.
will receive scaled proposal. for the above onn which
will remain with unopened t!l3 O'Clock. J. ~ OF thurs
dny the eth day OF May next to he then opened III The
pcsrpce OF the President or aome other authorized agent
ADRIAN Ii. MULLER, % Wall street
New York April 10. lsah--coinSdi