The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1857-06-03
pITTsBURa. FoRTwAYNE AND CHICAGO Raj

DITTsBURG. FORTwAYNE AND CHICAGO BAL
y Company. -Sl00000o Mortgage bonds con |
M: interest q seven per cent PAYABLE July j, and
E1SwT Fort Wayne ana Chicago Railroad, Of 466 p
s Gr as So
md IQt WAYNE andChicaso Railroad Companies resp
maturing q different periods between September ].
ooGpsny, Into which those three eompani4s
asrssd 81 consolidation, August I. 1855, has ~
nown a. redemption bonds and are OF the tenor att
s sss . ss ssuFd " e IN Fs
t0npany's road Of 46s miles, from Pittsburg % 9
~ a. S.S Sn.9 IL and a s1
burg. Ale shsny. chicago, For wayne, and :.
ae. s %Ss BOND! VIA remain under he cont
Eustees, and be issued only ffom time % time as
SANDING bond: Of The three companies console stsd
privilege such exchange Is now extended 70 holders
hst VIII result alike 70 Ss consolidated
themselves BY such exchange. The construction Dol
ersd for sale e provide nniss ne ROAD
squp and furnish with full stock Of rolling machn
ne houses, shops. station houses, &C., &C. the esmj
peny u Fixed = sls uo the present cost Of the
about Si30OO,00O; the paid up capital is near q
The earnings Of the road mainly from local trafc, q
consodatou from the LIST Of Aug sst 1856 70 the Isl
ans s % M pc
anre cost of the road They are the earnings OF an uni
and but partially baiias.ed and eSuiPged road The
Sasinsss psssee % and from Chicago over another
south and Chicago are a. progress q construction,
advanced towards completion. Four thousand tons Of
9. en sss & oospsd g
Twelve months; After which, the earnings wiz increa1
Sssved viii tho developement Of the business Of the
~ o. ts success Of tbs road are believed 70 eIist
MAIL The road has immense resources for local
Purx and Chicago. and passes through twenty four
MA hteon county towns Including the terminthe u
&c sod Ss :,sss Of s
developed and most productive IN Ohio and indiana;
owns being among The most important centres Of y
"Sos western rsii.oad systs;s. oonnscioas 90
poSn: In. n rom dsss 900 SS
md BunAlo. and nom Ptusburg 70 Indianapolis, g
elS @1 Gia:.r.s e As ,c!ns 1As road !: .ias|
without branches, and the Longest continuous
hs T init, . saS rou,s wsss 81
he Pennsylvania Railroad, OF 8ls miles from 4
h> 2 ShSsgo and q soS miles from 2, Ne New York 70
Sss s;vsns nom s. 70 u mile; in distance via Phisl
sou.ss through New Yors~msIlaS also he shor.ss. 3
% milcs, via HHrrisburk. between Baltimore andx|
Is Alignment and grades he entire lns from Chicago
dephia has marked advantages, no grades existing
Aicago and Philadelphia, gong east, over 81 feet pe
Between Piusburg and Chicago grades occur excc4
ees per mile, and for $50 miles there are no grad
. 40 feet per mile and for more than that distance U
practically stradghtpine The road therefore, must
enc OF NE most important permanent avenues Of AZ
l. The read win be completed At low COST As compsr
sther leading through lines, and has corresponding
ages IN grade, alignment 40, for safe, speedy and q
al operation, and easy and cheap maintsna nce. A
hb Of the history, condition and prospects Of this ROD
topics OF the bonds, mortgage articles OF consoda ID
has been prepared and will be furnished for the nfol
d parts desiring 70 invest In the bonds The comp{
vets full investigation Of the merits OF this loan ~
ID one In every respect worthy the attention OF cad
and applications invited for the CONSTITUTIONAL
$4,000 OF which have already been sold subscrip,
000O0 Of the construction bonds, conditional thai
5sng taken, with the option TO subscribers oil
00D000 At the same rstc Il open Mt the Office OF the
y, No. 81 William street. second hoor, where all nee(
formation will be furnshed.
JOSEPH x, EDGERrON, Vice Pres
Onice Of Pttsburg, Fort Wayne aud Chicago Railrod
cany, NJ William street, New York May, 1851.
WANTED-E.oO0 TO $4,000 TO USE IN THE