Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1867-12-19
S0S MILES OF THE UNI0N
OAsJ PACIEIn pAuna NNlON

OZD PACIFIC RAILROAD GNluN
now completed "N NNA'Nhett, ara
Ihls brings the line to the eastern b,.so,.,
n.sy FOUNTAINS, and Ii Ia expected thst t,He
track will BE- said thirty miles h,stber tnsI The
rare, the highest point on the road nv N,aas
Inc max mum grade from the fnot M M s'"aty.
IaAs 70 me sqmmit Is but eighty feet ~ SS.
n mue shi.e that OF many eastern roads ia ovs v
Que hundred, Work Ia the Tock cntt,noS we
the western slope will continne tbronsL 90, On
winter, and there Ia now no reason to do1h,
that the entire grand line 10 the Pacific viii NV
open Tor business In 1870 VISA w
=. inc means provided for the eonstrpctio, n,
tnls 1Fest National Work are annie ~ ~
united states grants Its Six Per Cent a.. ue
lhe rate OF from $4,000 to $is 600 per MIL ,S
Whlch II takes second lien as secnrity snl .W
celVes payment to large lfpot 10 tbS t nv ~
tent sent OF It's claim In services These Bonds a..
49, So ot 90 yaSh twentymile section Ia finished
ana altGr II has been examined by United Sal,
commissioners and pronounced 10 be in an
respects hrst'olass road, thoroughly supplleJ
WIN depots, repair.shops, stations, and All Inc
necessary rolling stock and other equipments
aos United states ALEC makes donation Of
l2NO acres OF land to the mile which will he ~
source OF large revenue to the Company. MucG
OF TINS lana In the Platte Valley is among tbs
most fertile In the world, and other large nor
uons are covered with heavy pine forests aud
abound In coal of the best quality.
The Company is also authorized 10 issus ia
own First Mortgage Bonds TO an amount eoual
20 the Issue of the Government and no moro
non h. ID. Morgan and Hon. Cakes Ames Az
ppdastees iSr the Bondhodere, and deliver the
Bonds 10 the Company only as the work pro
crosses, 60 that they always represent an aetna
and productive value
The authorized capital Of the Company il
one Hundred Million Dollars, OF which over
hVe millions have been paid In upon the work
already done,
EARNINGS OF THE COMPANY,
At present, the profits of the Company arc
derived only from its local traffic, but this i,
already much more than sufficient 10 nav the
interest on all the Bonds the Company car
Issue, II not another mile were built II Il ma.
DOUBTED that when the road is completed the
through traffic of the only line connecting the
Atlantic and Pacific States will be larse havOnr
precedent and, as there will be no Compel.
tlos, II can always be done at profitable rates
IL Will De noticed that the Union Pacific Rail.
road -, in fact, Government Work, built mn
uer me supervision Of Government officers.
ana 70 large extent with Government money
and that its bonds are issued under Govern
ment direction. II Is be ieved that no similar
teCurlty Is so carefully guarded, and certainly
no other Is based upon a larger or more valu-
able property. AS the Compauy's
FIRST MORTGAGE BONDS
are offered for the present at 30 Cents on the
Dollar. they are the cheapest secur ty in u,
lie
than U. ). Stocks. They pay
SIX PER, CENT. IN GOLD,
or over NINE per cent. upon the investment
Subscriptions will be received in Rutland bg
5, W. ROWELL, Cashicr National Bank Of Rut
land; HENRY i, FIELD, Cashier Rutland
County National Bank, and In New York az tn,
Company Office, No, % Nassau street, and b1
CONTINENTAL NATIONAL BANK, No. +
Nassau street.
CLARK, DODGE q co, Bankers, No. 81 Wa
street.
JOHN j. CISCO & SON, Bankers, No. 50 Wa
street.
And by the Company's advertised Agent.
throughout the United States, of whom maps
and descriptive pamphlets may be obtained or
Application. RemittAnCes should be made IN
drafts or other funds par in New York. and the
bonds will be sent free Of charge by return ca
press.
Subscribers through local agents will look 30
them for their delivery
JOHN j. cisco, Treasurer, New York
November II, 1857. dSw2m