Lynchburg daily Virginian. [volume] (Lynchburg [Va.]) 1852-1861, 1855-04-27

10 CHINA AMI l IN NESSEE RAILROAD COM.
FANY.-Irnpo.as viii hn rerei"on Tor the WHO = ar
any uart 81 tl above ..n.,t Bonds. rh"y arc dated
IL July 1854. md payable beurc, in the city II New
York. the i0th June 1881, win interest Coupnns nj
tucl,d II, the % q per per aunun. piynhle
semiannuallv attn Bank at America the Is, ii
Janunr, u July ol each and hall their amount
convertible into the At ck of the eompan, the optun
Of the holder
These bond. issued under ful authority of lhr
stock bidders, tor the purpose at hnl>ug aud euupping
the road, and lhev secured by second mortgage
the road with all The renl estate, fixtures and equp-
ment- franchises apIuteuanc"s, ana privileges aprct
timing thereto. The first and prior rutIenre FOR
81 500 0nd whic { 900 00e tahen bs the Stne
Of Virginia tie folnwing alviuta aeous terms
FER iuteres and ih, principal To b" Gquiuted
by pm yncn,s annually oi per rent. fpt ~ years
commencing on the lst OF July, 1888 fhe remaining
$500 900 sold AZ pnt.
7 he rnpi.p OF the company is ! 100000 three
ff,hs Of which is ed iy the STAT. OF virginia uad the
whole amount paid in l. S!975 100.
Tie len 9Th Of the iond, from the City OF Lyme hburg
to the Tennessee line, il 204 miles Of whe l35 me
entirely fuished md in rprrnrinn The remaining 81
miles require only Slt5OOn 10 Compete them mud
months labor ous necessary par the entire road
into Gill oper,tinn There has been cxpcnird on the
road about - 900 600 in con1'tatn r,.ng stock md
expenses double the amour, of both earrs.
which together 10 not 'xreed sl3 geo nile of road
The road forms link in the chain oi roads which
- become probably the most rrortnrt ROM" IN the
tnion, giving almost straight | ne 'ron the Nor
and Eastern cities. IL Il use the Gull of Mexico md
the Mississippi shortening the distance than 900
miles md there j. but more link tn he finished
afford con inucus rail ,oad transportation IL the
city ofWashing"n 10 MONTGOMERY, A,alar". Bu' in
dependeLt of the travel TINT vii coma 10 il put of
the great South aud North Line, the Fna mud Ten
Rn Road has certain cal business ot its
which clearly nscertan"d by tue earning OF ust
only IS miles open 90 929 79) being sufficient OF
i,sefto support the rnnd. IL passes almost it, rhur
length through region Astounding viii, suIr"ty Of
miner Is of thu vauahie such l. ad,cnnl.
r., a NIL fu,ig eli
great abundance which have been hitherto neglected.
hun which fast being developed, No thu lleS
be conveyed to n,arket Ia s)iu tr prospects OF the
ROAD 6alter,nF, md tosiered has been by
the State, and supported generally oy the people OF
Nmgini,, with large cash capital actually paid in
il j.. believed security has trccntIy been offered o
better character. The Company have agreed To
apart one per cent annually the amount of their
bonds from the earnings OF the rand Sinking Fund
to meet the payment of them maturity; aid the Stock
holders have adopted, line of policy to declare
dvlen excepting from ctsh surplus. nfteI the interest
AMI SINKING Fund have beer provided for.
The terms which the snIe viii be made nre % Pc
down. and the ba ,uce in payments of 10 per cent
every tI,ty days til all paid, Ii the whole amount i
paid once, interest la July to be allowed Tn ,
right of rejecting all any par OF the bd is reserved
if deemed for the inteie u the Company do
The bonds will be lodged in bank To h" deliver ID whe
the whole amount j pal |. Full information will / y
given all subjects connected witt the financial nii,
of the Company, which could be desired by partie 1
WISHING tn offer for the bonds md document. and
fcrrnces Obtained by urrl>as Adran II. Muller. Esq
No. 80, Wall street, New York offers must b.
sent sealed nd marked Tender for Rail Road Bonds
o before thu gath day of May next.
JOHN ROBIN MCDANIEL.
President virginia ard Tennessee RAILROAD Go.
The Bourd OF Directors
Hen Rf DAVIS,
GEORGE STUART,
WILL, NJ A. READ
THOMAS l. PRESTON,
WIN. T ANDERSON and
CT. NJ. GARNETT.ls Chief Eng'r
will sceve sealed proposals for the above loon
which will remain with me unopened till u'co Il; Il
NJ of Thursd " the 24h day of May nex, 10 be then
OPENED in the pres of the President other
authorized agent Of The Company.
ADRIAN ii MULLER 80 Wall alreet.
apll7 eodt24may.
UTOUSEs FOR SALE wish 10 .,,l dr.,