The Fremont weekly journal. [volume] (Fremont, Sandusky County, Ohio) 1867-1877, 1867-06-21
FIRST, MORTGAGE BONDS
AT NINETY OTIS. On, fhs DOLLAR /.

II
This Road vas completed from Omaha sOs miles
psd, and trains are regularly running over It. The
Company has now % hand suficisnt hon, ties etc
to finish the remaining portion to the eastern base
contract 10 be done September Ist Of this year AID
Il u expec ed that the entire Road viii be in n ming
orcer from 0msha 70 its western connection with
the Central Pacific, being rapidly built eastward
from Sacramento, Cal, daring 1870.
MEANS 0FsTHE COMPANY.
REstimating the distance to be built By the Union
Pacific to bs 1856 miles the nited States Govern
ment issues its Six per cent ThirtJyear Bonds to
the Company as the road is finished at the average
rate OF S6s25O7 PER mile, snouEting 70 S44 EOS O00
The Company is also Permitted TO issne it, own
First Mortgage Bonds to an equal AMOUNT and 1t
the same time, which By spscial Act Of Congress se
made First Mortgage on the entire line the bonds
Of the United States being subordinate to them.
The Government makes donation Of L, 500 acres
of land to the mile amounting to 20 032 600 acres
estimated to Be worth $50 oo0 making the totai
resources, exclusive Of the capital SIIs 00O bat
ths full value OF the lsndi cannot nov bs realised
The authorised capital stock Of the COMPANY is
one hundred million dollars, of which Eve millions
have already been paid IN, and of which Il is not
supposed that more thaa twenty five millions 1t
most will be required. -rr ~
The cost Of the road estimated BY Competent
engineers to be about one hundred mi;isa dsllaEs,
exclusive Of equipment
RESPECTS FOR BUSINESS.
The railroad connection bstssan Onasha and the
East is now complste and the earning ofthe Union
Pacific the sections already enished for the rst
two weeks Ia Nay were Sl13 coo. These sectional
earnings the road progresses win much more than
-pay- the siutsEesten the Gompzuy,E b0uds ana he
through business over the only Hns Of railroad be-
tween the AtIsasie and Paciss fausS Sc immense.
VAhIIEsANDs SECURITY of the BONDS.
Ia The Company respectfully submit that the above
stateent Of facts July demonstrates the security
OF their Bonds, and as additional proof thew would
suggest that the Bonds Row offered less than ten
million dollars on 517 miles Of road, on which over
on $50 mes Of this road the cars are now running
and the remaining ISL miles are nearly conpIslsdS
| At the present rate Of prsniinm on gold tAsss
Bonds pay annual interest the present cost OF
-, ~ NINE PER Nifs.-ss-------
and it is besfsd that On thsSdn7lsHod pf the road
like the Government Bonds. they win 70 sboTe mar
The Compsny intend % sell bat limited amount at
the present low rate and retain the right 70 ADVANCE
/ the price at their option. !. 49, W
Subscriptions win Be rseefyed n .ysF York 81 The
CONTINENTAL NATIONAL B1xx, No Nassau St.
CLARK, DoDGE Co.. Bankers, 81 Wall St.,
JoES ]. CISCO / sos, Bankers, Ne. ss Wall St,
and by Banks and Bankers rsreralIy Throughout the
Cniisd States, Of whom maps and descriptive pah-
! plets may be obtsiDed. they wiz also Be sent b.
mail from the Conpanys oics, No. 20 Nassau street
New YORK, spplicsttOns Subsoribers viii sslpet
their own agents IN whom they have conhdsnce, Who
alone will be respoasibe to them for the safe dsE-
cry Of the Bonds - - -.--
JOHN J. CISCO, TRsAsURKR,
24m3 si,slal t1z ,sss New York.