Smyrna times., 1868-10-28


FIRST MORTGAGE
BONDS
a5As9l10n RnG2RaG.
RAILROAD COMPANY.
$50 Miles Completed.
limited amount of the First Mortgage Bonds of the Union
Pacific Railroad Company offered to the public OF
the safest and most profitable investments.
They are first mortgage upon the longest and most i'm
pOrtant railroad in the country
By law they be issued the Company only the road
is completed so that they always represent real value.
g. Their amount limited by Congress Fifty Million
Dollars on the entire Pacific line of less than
$4,000 per mile.
Hon. E. D. Morgan. the Senate and Hon.
oakes Ames, of the United House Representatives
are the trustees for bOndhoer that all their inter
ests are protected
Five Government Directors appointed by the President Of
the United States responsible the country
agement OF its affairs
g. Three United Commissioners must certify
road is well built and equipped and in all respects rscass
railway, before any bonds can be issued upon it.
l. The United States Government lends the Company its
bonds to the that the company Issues which
it takes a second mortgage Is security
As additional aid 1t makes absolute donation OF
of land to the me lying each side OF the road
The bonds six cent in gold and principal
payable in gold.
The earnings the local or way business were over
Four MILLION DOLLANs year, which, after paying operat-
ing much than pay the
These earnings will be vastly increased the completion
the entire line in 1869.
H. No political action reduce the rate interest It
must remain for thirty per cent per annum IN Gold
equal to between eight per currency The
PRINCIPLE is THEN PAYABLE If bond such
guarantees issued GOvernment its market price
would not be less than from 30 to 2j cent premium
the bonds issued under Government authority and
what is largely Government work, they
ultimately approach Government pri No other corporate
| bonds made secure.
The issue will be exhausted The sales have some
times been half million day. and nearly twenty milon
have already been sold About millions may offer
ed 1t not improbable that at time not far distant
the remainder of the bonds the company be takei
by some combination capitalists withdrawn from th
market except at large advance The long tme the hg
gold interest and the perfect security must make
very valuable for export.
All the predictions which the officers of this Company hsv
made in relation to the and business
enterprise the value and advance the price
rifles have been than confirmed and they therefore
ges that parties who desire to invest their bonds WILL
! 1T TO THEIR ADVANTAGE T ONCE.
"The price for the lO2 and
per currency Juy Ist and
will be received in Smyrna by VIM. NJ Bell ESQ., Cashier Ban
| OF Smyrna,
| and in New York
AT THE COMPANY's OFFICE No. 20 NASSAU STREET
!
JOHN ]. CISCO & SON. BANKERS, No. 50 WALL STREE
And by the COmpanys advertised agents throughout
| the United States.
Bonds but parties subscribing through local
will look to them for their safe delivery.
! A NEW PAMPHLET AND MAP WAS ISSUED OCT. Il
containing of the progress the work that
and complete statement in relation to the value of ii
bonds than given advertisement which will
free application the COmpanys offices the
vertised agents.
Augl93m JOHN J. CISCO, Treasurer. New York,