Lynchburg daily Virginian. [volume] (Lynchburg [Va.]) 1852-1861, 1855-05-16
&. Z .OOo. 900 BONDS ofTIIC VIRGIN.

~ GINA AND TENNESSEE RAILROAD Com.
fANh -i'ropnsul- viii BE- r"rel".d for the whole.
any rnr, al the above i.su at 5ords They dated
l.t July ls54 md payable henrc, in the city oi New
York, the 30h June 1891 will interest Coupons nj
tnr, d. NJ the ri 4 per cr6t per nnnum pnyn'le
semi annually. Nc, Bunk Of Amcricn. the Istof
lauunry Il JsY oi each mud one half thrr amount
convertible into the stock Of the COMPANY AT the option
of the hudrr.
These bonds are issued under (ull nuhnrts Of The
stockholders Tor The purpnsc OF finishing and equrping
The rpnd. mud they secured lay n second mortgaE"
the rond. With al the rnl oiotc. fsirs and cqpp-
mcuis ranrha - nppurteupuce., aud privilege appcr
thinning thereto. The first mud prior rnnrtgner is Tor
81 800 oct # whir 000 U0e taken by the Stnic
IT Virginia Il = following Wv advantageous terms;-
Ter mt it,rrsi. aud III, pnocrpd to he Iquidnted
by payments nnrunlv al onc per cent. ur - yenrs.
commencing on tle lsi al luly 1888. Enc remaining
$500 000 were soli NJ par.
I he capi'ri of the company ia - 000O00. three
dfh- Of whichi- ,ed hy the State Of v,rsinn and the
whole uuount paid IA il 4 IVA 100.
Tie cnlth Of the rond from the City al Lynchburg
To the Ttnncssee line s20i mil"-, ~ who l35
entirely hished and in ,prration. The remaining Cd
miles require only s. 3 900 compete them aud
months labor only necessary put the entilc road
into full oprratnn There has been expended on the
road aboaf g. 900 ono in Hing stock and
expenses. double the amount az both mortenr"s,
which together do not cx,crd sl3 0oO per mile ofro,d
The road forms link in the chuin oi r1ads which nre
IT, heoone rrobnbly the m"-t impoinit fnufe IA the
MON, ing anlnSt straight line tont the Northern
md EIstern Cltlcs. IL Utsr On HE t,u oi Mexico nh
the Alis,szipp Shortening the distance than 300
l.- aud there j. but more limb IT, be finished 10
afford ron inuuus rail innd transportation from the
civ al Washington 10 Montgomery, A,alnima. But in
dependent of the travel that VII 10 it psI Of
the great South md North Line the Vi ginln aud Jer
Ba Road has certain .cul business of It's
whid clearly nscertnnad by the cunning OF last
only 81 miles open 1863 92g 79) being sufficient Of
ia,f support the road. 1t passes almost il. wholn
length through region Astounding with variety Of
miner us OF the y!uab." nature such as IL ad,coa
iron copper, suit and gypsum, all o which exist in
great abundance. which hive been hitherto neglected
bun which last being Developed no" thai they
hr conveyed market Ia short, the prospects of tho
road fucrinE md ostcrcd as II has been by
the State, and supported generally ny the people OF
NrEiui with ns large cash capital actually paid in
il Is believed security has ieccnty been of.rc1 OF
b TIL character. The Company have agreed ~ set
apart per cent. annually the amount Of their
bonds fom the Gaming, Of the I'D Sinking Fund
the payment of them at mnturly; and the Stock.
holders have adopted line OF policy to declare
dividend excepting from cnsl surplus nftel the interest
aud Sinking Fund hive been provided for.
The which the sale will be made nre e5 per
down nod the bs lance in payments of 10 per
every Thirty days TIL all pad II tho whole amount is
paid once interest to lsi July 10 he allowed. the
rghf yriec,ing ali amy par of the bids is reserved
if deemed for the interests a. the Company t" do
The bonds will be lodged in bunk TO be deliver ID when
the Whole amount il pail Full Information will be
given all -ub ecs connected viii the financial affair.
of the Company which could be desired by parties
wi,hlne TO OFF, for tie bonds and document. and re
f,rcnce- obtained by applying 10 Adrian II. Muller E,q
No. 49, " al street, New York IN offers must be
sent scale, mud marked render for L ill Road Bonds
on or Def, re the 24th day of May next.
JOHN ROBIN MCDANIEL.
President Virginia and Tennessee Railroud Co
Tho Bonrd OF Directors are:
HENRY DAVIS
GEORGE STUART.
VILLA NJ A. READ.
THOMAS h. PRESTON,
WHIT ANDERSON and
&. +. NJ GARNETT.is Chief Eng'r
| viii receive sealed proposals for the above oan
vi ch will remain with unopened till 3 o'clock; p.
NJ. of Thursday the oath day of May next to be then
opened in the pres, ncc'of The President other
authorized agent Of he Company
ADRIAN II. MULLER. 80 Wall street.
npll7 eodt2imay.
NIUIES FOR SALE-A FIRE lot ON