Lynchburg daily Virginian. [volume] (Lynchburg [Va.]) 1852-1861, 1855-05-11

~ hlNlA AMI GNNENHEf hAIbhNDAD tOM
PANN. Proposals will be rcrcvod Tor the who g. or
any ppit o the abnve i.,u uf Bonds. They ae dated
Ia July 1884 aud pn,abc bearer in the city of New
York, the Oth June 1894 with interest Coupons nj
tach. d, NJ the rntc Of per per annum, payable
semi annually. atths Bank of America. tho ist of
Jhnunry a"i July o cnch year ind one hnl hrr
convertible into the stock of til. COMPANY NJ the option
of the holder.
These bonds issued under fun authority &c the
.ockhoicrs Tor the purpose of finishing and cqurping
the tond mud they secured by second mortgage
the road with nil he reu estate fixtures md cqup
ment, franchises. urruttennoccs aud privileges sppcr-
tnning thereto The FIRST nnd piior muttrnre IL for
. 500 0ot, Il which 1000 900 rnken by the State
If Vrg inn on tie following ndv,,naecou terms
ittrresi, ind The principal 10 be quidscd
toy payments annually o one per cent. lor ~ yenrs.
commencing on tie lst ot July 1888. Tue remaining
$500 0nU were -o1 nj par.
he cnp'sl oi the cnmpeny j. 2 0G0 400, three.
IF rs ol wlchs cid hJ the Snte ol Nrginir, and the
whue unount paid in Is 80 100.
The lraulh OF the lo,d from the City Of Lynrhhurg
tothe Teunesscc le" i 20t mi,r-. ot who lj5 me-
entirely f.isled mud in poraon. The remaining 90
miles require only q 00n /" compete them. aud ten
months hhor /. only necessary put the cntirc road
into full operation There h,. h'cn expended the
road about s. 600 600 ia cuHsurii,u. rolling stock md
expenses, double the amount of both mottaare-.
which together 10 exceed FL 0a0 mil Of road
.fh" rond t"rm- oh in the cinn ri r,,nds which
II become prq,nbly the most ,nlpaitntt the
Union. giving almost strniai ne ttun, thu Nor
and Eestern cire. 10 II ne III" Gull ct Mexico and
the Mis~is-ipp shn,tcung tie d.tanre thun 200
miles nnd there -but mnrr lin 10 he finished
nlinrd continuous rail ,ond trans urtntion fl the
cry Of Washington Montgomery, hnilama. Bun in
dcrendelt of tn" travel hur will COM Ia ii asa pat If
the great South md North Line The ena md Ten
Rn Road lns cer'up loc" husinc.- ri lls
which clearly uscc,nin"d by tn cnruir of Inst year
only s. miles open 1853 ,92a 100 beng sufficient of
Itself To support the r"ed il passes Utmost it, whoa
length through II region uhouadug will variety Of
miner is of TIN yauab. mature. slch rs nd, coal,
audi nil + ai
Efraf abun,nnce which hayc been hithtrt, ncerctcd
bun which ur. inst being d"veloped, thu hey
be conveyed IN rnrket. In SHORT tho prospects Of tho
ro"d IRE most Aattcrng md lo.trred 1t has been b,
ia" Stl'e, md supported generally ny the FeuPr OF
buglm, III nrge cnth capital actually pnd in,
j. i be lived socn,ly hns "'crrhly been offered GA
batter chnrar ter The Cumpahy hnsc agtced Ia set
Hrnt enc per cent. nnuunlly thr afn"ntt of their
bonds frnm tic entnnG. al tln nd osu Sinking Fund
the pm al them m,'u,itts nfd the Stock
holders have udoptd, line ni policy. 10 declare
dNii"u "xcePnb ir'm rush surpla n'tt ~" interest
and sinking Fund hive bee provided i.Ir.
he terms which the shlr Viii b" nude % per
cent down Nd h"hal ,prr il pavmcni. "f 10 per
every tbirty dnys III all tHit. Ilr1e @hoi' nut IS
pnid once, ilrrest 10 l.,J uls lie allowed. Tue
right rel ,rii ali nDy pm uf the bid. il reserved,
ii det mel Tor tie interests a the Company L. d
The bonds will bc ld ,rd in bank irhe deliver when
the vii 'ie Amount i'pi Full 'ufbiWntl"n viii be
gwen ali subject. connected viii The dnnrcit ufir
of ihe CnmpnaA, vito could Ice desired bS parties
wrshin" - OFF, h,r tr bpnds md dnrumrrt.nnd re.
frrnce- oralnrd hy app>iae To Ndfinn H. Muller, Esq.
No 80, Naf street, Aow im. /, o1. - must be
sent. Scaed AID marhcd Tn L., T. al Rrnl Bond.
D. u bcf re tn, :. T. lay II Ma uexr
JOHN ROBiN MCDANIEL,
Pr.-dcnt Viz mia ard Tcauess'r Rn;lloud Co.
The Board OF Directors ar;
iiEs RY DAVIS,
GEORGE STUART.
WILLIE VI a. READ,
THOMAS l. PRESTON,
WMT ANDERSON and
c +. NJ GARNETT.ls Chief Eng'r
| viii ceive seated proposnl. for the above onn.
which will remain with unopened till o'clock; p
NJ Of lhur.dty the 24ih day Of May next, to be then
nrrncd in the pres nceof he President other
authorized agent Of the Company.
ADRIAN II. MULLER 80 Wall street.
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