The Middlebury register. [volume] (Middlebury, Vt.) 1850-1882, 1868-11-17
( eNL OF THE BEST INVESTMENTS.
THE
FIRST MORTGAGE
BONDS
Of the
UNION Pacific RAILROAD COMPANY
500 VI LES COMpI ETEnt
500 MILES COMPLETED,

\ limited amount Il the First Mortgage Bonds
VI the Union Pacific Railroad Combauv are offer
ed To the public. As one Of the safest and most
profitable Investments.
/. They are a first mortgarp imam tb Io,,,,os.
ont most important railroad IN tic country.
,. by law they can be issued to the Comn,nv
only rs Tue road is completed, hat they ALWAYS
represent II real value.
y. Their amount is limited by act of Congress-
TO Fifty Million Dollars ON the entire Pacific line
or an average OF less than $50. coo rer n.iio
4. Hon. T.. d. Morgan, of the ruited States
senate, ami Hon. Cakes Ames of the limited
states House of Representatives. are the trustees
"r tue h'ndi iderS, 20 see thtt all their interests
are protected.
=. Five GOverum,ut Directors. arpoint,d bv
the President Of the United States. are rnsnon-
affairs. VI '''
6. Three United State, Commissioner. must
yrrIiN 'mi the road is well hudi and equipped,
ana IN an re,pe IS "a lr,l-cll,s railway Ief,re
any bon J, ran he issued upon it,
Z. lie tuitcd States Government lends the
company it, own hunIs to the sauna amount
that the company ISSUES. .or which IL takcs a Sc
cont mortgage a4s.CuilV.
y. Is additional aid, il makes an al .nlute TO-
nation Of t. $40 acre, OF Iaad t., The Mia Iving
upon each site Of the roal
- Inc bnnir pay six per cent in gold and the
principal is also payable in gold
10. The earnings ftom the local nr way bust
~ "''' '''i I'uI nuUlon dollars Lass year.
"hch' "Itrr PAWN operating expenses. was
much more t.HH sufficient to pay the interest.
These earn.ug' will be vastly incre,sll on tho
completion 81 he rntirc line in 1858.
II. y" political action can "e,lucc The rate of
interest II RuSt remain for thirty vears-six
per cent per hnnum in gold. now equal to be-
! tween eitni ana nine Pc cent in currency. The
prnnc'pai Is then payable in cold. If a bond,
WIN Such guarantees, were issued hv the Govern
iheht' ~ market price would not hc less than
rom ~ to - per cent. premium As these
bonds arc i'sucl under Government authority
ana supervision. upon what is very largely a
| Government Nofk, thcv must ultimately approach
Government prices. NO other corporate bonds
are made secure.
T.. The issue will soon be exhausted. The
sales have sometimes been alf a million a dav
and nearly twenty millions have already been
sol = About ten millions mora NAV be offered.
/ IT. Is not improbable that a. some time not far
| distant, all The remainder Of tho Bonds the Com
pany can Issue will Tee taken bv some combina-
| lion ol capit lists md withdrawn from the mar
kcl, except at a large advance. The long times
inc ilsl god interest, and the perfect security
must make these bonds Very valuable for eynort
All the predictions which the officers Of this
Company hiy" made in relation to the nropress
'"l business success OF their enterprise, or the
value and advance in the price Of their securities
| nave necn more than cnutirmcl, and they there
iorr -uggr't that parties who desire TO invest in
lhclr bonds viii find il 20 their ADVANTAGE TO do
20 at once
me pfirr Tor the present i lO2 and accrued in
tcrcsl at The rate oi nix per cent. in currency
from July If, and sub crmionS will be receive ed
hy WV