Lynchburg daily Virginian. [volume] (Lynchburg [Va.]) 1852-1861, 1855-04-17
a. 100000 BONDS ofrHE VIRGIN

70 GINA AND l TENNESSEE RAILROAD COM
AAl.-PioPo.ais wId bn leceigea tur the who e. or
any part the above -ue uf Bords. Tiny arc dated
/. Ju 1854 and payable bearer the city oil New
York, the30h June. 1884, win interest Corpors at
tuch d. at me U: pee Gel per anuum, paYa lie
semiannur=ly, At TIA, Bank of America On the Il OF
Jauly i July 81 20, and hall their amount
convertible the st el Of the company the option
of due holtcr.
These bond. issued under full authority Of the
stock holders for the purpose of finishing aud equp
the road, and they secured by second mortgage
the ruad, th I'LL the renl estate, fixtures and
ment' franchises, aprnrcnances, and privileges aPper
| tainng thereto. The first aud pIor morgage,i- for
800 0bd whir ! 900 00e taken by the State
IT Virginia tie taduW ing advdntas t1I,
rr ant Lterest, aud The principal be qnidated
~ payments annuty oi Que per cent. fnr "a yenrs
commencing on the lst OF J'ly, 1853. The remaining
: ,0U. 0uU -oii pnr.
. The cHpi.rl OF the company is - 100000. three
1T rs Of hich i ed lay the Sate N,rs nia and the
whole nrnuunt paid in i, : 81 j, 100.
Tie 9Th OF the iuad from the Civ of Lyu hburg
t. tie Tennessee line l. POI miles. ul whic l35
entirely flushed and in operation The remaining 90
miles require only S2t5 000 complete them and ten
months labor - Only necessary put the ente road
into fun operation There has bcen expendr. on the
oad about 81 900 900 in ton, riding stock aud
penses, double the of both mortgages
which 'ogether 80 not eed BIB 0h0 per nl of road
u he toHl Iolus link the chain u rua,s whici are
IL become probably the most important route IN the
mon, giving an almost straight ne ;Iun the Mort
aud Eastern cities. tise the Gull Of Mexico and
the Mississippi shortening tie distance than 100
miles aud there il but r're nl, l.. be finished 10
afford continuous rail road trans portaton fr IN the
cny of Washington to MOntgomt y, a .aiama But in
dcpendett Of the travel thai will it a.a pai Of
the great South and North Line, the Vi GINA aud Ten
ne-'ee Rail Road has certain LEGAL business its own
which is clearly nsCerainAd by the earning of last wear
only IS miles omen G3 929 79) being sufficient If
itself to support the road. 1t passes almost whole
length through region Astounding viii a variety of
minerals OF the Ho>t vau"oe nature such as adconl,
iron, copper, sat aud gypsum, all Of which exist in
great abundance" which have been hitherto neglected
bun which are last being Developed, that they can
be conveyed To market Ia short, the prospects OF the
r"ad are most tacrng, aud tostcrcd has been by
the State, and supported generally Dy the pcop., of
firgnia " tn US lurge cnsh capital actually paid in
II is believed 40 security has recently been offered
b tier character. The Company hive agreed to set
aiaIt one per cent annually IN the amount of their
bonds from the earnings ct the r'ud u Sinking Fund
to m ct the payment ct them NJ maturity; ala the Stock
holders have adopted, line OF policy to declare on
dI'den exccptn! r'm cash surplus after the interest
and Sinking tund have bee provided for.
! he terms which the aue " i'll be made are % per
cent down, and the balance in payments of 10 per cent
cS'ry hry days TIL ali pal 1.-THE Whole amount j.
paid al once Interest 10 l>tJulv be allowed the
right of rejecting all any ar Of the bids is reserved
, II de, med Tor tie the Company t. do So
The bonds vii lodged in bank 10 be deliver d when
the Whole nmouut i, pail. Full affirmation will be
gwen on ali Subjects connected viii The financial nair,
of the Company, which conld be desired by parties
wishing of'r for the bonds and documents and re
ter"nces obtained by upplya Adrian II. Muller ECO
No 20, Wall street New York to wh,m offers must be
sent, sealed and marked "Trn1rr fr Rrl RonA Bonds
on or before tht 24h day Of Nav
JOHN ROBIN MCDANIEL.
President Virginia and tennessee kuili Dad CO.
:. The Board OF Directors are:
HENRY DAVIS,
GEORGE STUART
WILLIAM A. READ
THOMAS l. PRESTON.
WM. T. ANDERSON, and