Smyrna times., 1868-08-12
GAO MILES


OF THE
qaMllMM 0ana q
RAILROAD
Are finished and in operation Sixty miles of track have
been laid this and the work along the whoen between
the Atlantic and Pacific States being pushed forward
rapidly than before. More twenty thousand
employed and it is not impossible that the entire track from
Omaha to Sacramento will be finished in 1869 instead OF lS
The provided ample and all that and
money do to the completion of this
GREAT NATIONAL WORK,
at the earliest possible day, will be done.
The UNION PACIFIC RAILROAD COMPANY receive:
IA Government Grant of the right OF way,
all necessary timber and other materials found along
the line of its operations.
II.-A Government Grant of 1880 acres of
land to the mile taken in alternate sect ions each
side of its road This absolute Donation and will be
source OF large revenue in the future.
lII.-A Government Grant OF United States
Thirtyyear Bonds, amounting to from $4,000 to $4sOO
per mile according to the difficulties to be surmOunted
the various sections be built The Government takes
mortgage security and expected that not
only the interest but the principal amount be paid
rendered by the Company in transporting troops
mails, &c. The interest is much than paid in
this besides securing great saving in time aud
money to the Government.
IVA Government Grant of the right to is
sue it's own FIRST MORTGAGE BONDS, to aid in build
ing the road, to the amount as the u s. Bonds, is
sued for the purpose, and No MORE. The Govern
ment Permits the Trustees fol the First Mortgage Bond
holders to deliver the Bonds the Company only the
road is completed and after it has been examined by
United States Commissioners and pronounced to be in all
respects frst-cass Railroad laid with heavy rail- and
completely supplied with depots stations turnOuts car
shops, locomotives cars, &c.
VA Capital Stock Subscription from the
stockholders, of which EIGHT MILLION DOLLARS
have been paid the work already DONE and which
will be increased the of the Company require
VI.-Net Cash Earnings on its Way Business,
that already amount to MORE the
First Mortgage Bonds These earnings are no indication
of the through traffic that follow opening of the
line to the Pacific but they certainly prove that
Z i Il - NJ o a 2; a q q IS o N q -
such property costing nearly three times their
amount
Are Secure beyond any Contingency.
The Company have abundant in their treasury
make appeal to the public to purchase their Bonds
daily subscriptions entirely satisfactory but they submit
that for entire security and liberal there certainly
no better investment in the market.
The Union Pacific Bonds EACH and coupons
attached They have thirty years and bear
teest payable the first days of January and July the
pany Office in the City of New York, the per
in gold The Principal is payable in gold maturity
The price is 1O2,
and at the present rate OF god they liberal income
their cost.
The Company believe that these Bonds the present
the cheapest security the market and the right
to advance the of their bonds any time Subscriptions
will be received in New York.
Subscriptions will he received in Smyrna by VIM. NJ Bell
! Esq, Cashier, Bank OF Smy yrna
and in New York
AT THE COMPANY'S OFFICE, No. 20 NASSAU STREET
AND BY
JOHN J. CISCO * son. BANKERS. No. SO WALL STREET
And by the COmpauys advertised agents throughout
the United States.
Remittances should be made drafts par
New York. aud the bonds will be charge
Parties subscribing through local agents. will look
| them for their safe delivery.
PAMPHLET AND MAP for 1868 has just been published
by the Company giving fuller information possible in al
advertisement respecting the of the Work. the
OF the country tavered by the Road the Means
Construction and the Value of the Bonds which will be sem
free application at the Company Offices any the
vertiscd agents.
Mayl3 JOHN J. CISCO, Treasurer New York