The Waynesburg Republican. [volume] (Waynesburg, Pa.) 1867-18??, 1868-07-01
GREAT NATIONAL WORK.

at the earlleat possible day, will! be done
Tho UNION PACIFIC RAILROAD COMPANY
receive:
IA GOVERNMENT GRANT OF tho right Of
way, and all necessary timber and other mate-
rals found along the line of Its operations.
Il.--A GOVERNMENT GRANT Of is,0Oo acre ,
of land to the mile, taken in alternate sections
on each side of Its road. This Is an absolute do.
nation, and Will be source Of large revenue In
the future.
III-A GOVERNMENT GRANT Of United
States Th,rty-year Bonds, amounting to from
$4,000 to $4,000 per mile, according TO the DIM
cultes to be surmounted on the various sections
to be built. The Government takes second
mortgage Ms assecurty, and 1t Is expected that not
only the Interest, but the principal amount may
be paid In services rendered by tho Company In
transporting troops, mails, &c. The interest IL
now more than paid in this way besides occur
inga great saving in time and money to the
Government
IVA GOVERNMENT GRANT OF the righs
toissuc Its own FIRST MORTGAGE BONDS, 10
aid In building the road, TO the same amount a.
tho L, S. Bonds, issued for the same purpose, apd
NO MORE THE GOvERSMENr PERMITS tho Trus.
tees for the First Mortgage Bondhoders to deliy.
er the Bonds 10 the Company only as tho roAd
Is completed, and after II has been examined by
United states Commissioners and pronounced
to be In all respects Hrst-class Railroad, laid
with a heavy Trail, and completely supplied
with depots, stations, turnouts, car-shops, loco.
motives, cars &c,
VA ACAPITALSTOCKS SU BSCRIPTfONf from
the stockholders. ofwhich OVER EIGHT MILLION
DOLLARS have been paid In upon the work al
ready done, and which will be increased as the
wants Of the Company require.
YI.-NET CASH EARNINGS on It's Way Bus
iness, that already amount TO MORE THAN THE
INTEREST on the First Mortgage Bonds. These
earnings are no indication OF the vast through
traffic that must follow the opening OF the limo
| to the raclflc but they certainly prove tho
FIRST MORTGAGE BONDS
upon such property, costing nearly three times
theramount,i
AREsECURE BEYOND ANY YCoNTINGENCY
! The Union Pacific Bonds arc for S1Dd0
each and have coupons attached. They have
thirty years to run, and bear annual inter-
est, payable on the first days Of January and
July ut the Company's ONCE I'm the City of New
York. at the rate Of six per cent, In gold. Tho
Principal is payable in gold at maturity. The
price Is i02 and Mt the present rate ofgold thess
bonds pay liberal income on their cost.
The Company believe that these Bonds, OF the
| present rate are the cheapest secnrity In tho
market, and reserve the right TO advance the
price Mt any time.
| Parties subscribing will remit the par valus of
the bonds and the accrued interest In currency
Mt the rate OF six per cent per annun, from tho
date on which the last coupon was paid. Sub
| crlptlons will be received in Waynesburg. Pa,
BY THEFlRsT NATIONAL BANK.
| In New York
| ATTHE CoNiPANY's OFFICE, % Nassau q.
and by
JOHN ]. CISCO & son, Bankers, 50 Wall 81,
And by the Company's Advertising Agents
throughout the United States.
Ramttences shohld be made In drafts or othsr
funds par In New York. and the Bonds will be
sent free Of charge by return express. Parties
subscribing through local agents, will look TO-
them for their safe delivery.
! A PAMPHLET AND MAP for 1888 has Inst
been published by the Company, giving fuller
information than is possible in an advertise.
ment, respecting the progress Of the work, ths
resources ofthe country traversed by the Road,
the means for construction, and the value Of ths
bonds, which will he sent FREQ on application
at the Conpany's Offices or TO any. OF the ahvar.
tised agents
JOHN-J. CISCO, Treasurer, Now, York.
June g. GS-tf.