Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1868-07-31
Qew Adrntisen ents.
SEVEN HUNDRED MILE

e UNION PACIFIC
RAJ ROAD
Are ROW finished and in operation One hundred
miles Of track have been laid this spring. and the
i work along the whole line between the Atlantic
= and Pacific States Is being pushed forward more
rapidly than ever before. More than twenty tbou.
; sand men are employed, and it is not impossible
that the entire track, from Omaha 10 Sacramento
will be finished in 1859 instead ofis7O The nean,
provided areample, and all that energy, men ami
money can do to secure the completion Of this
Great National Work,
at the earliest possible day. will be done.
The Union Pacific Railroad Company Receive
L. A GOVERNMENT GRANT OF the
right Of way, and all necessary timber and other ms.
terials found along the line ofits operations.
III. GOVERNMENT GRANT - an
acres OF land to the mile, taken in alternate sections
on each side of its road. This isap absolnts don,-
ton, and will be source Of large revenue in the f
ture
Ill. GOVERNMENT GRANT NJ Un;-
'ed states Ihrty-year Bonds, amounting to from
soo'o 10 s47'V"o per mile, according to the Difficult
ties to be surmounted the various sections 20 be-
built The Government takesa second mortgage as
security and it is expected that not only the in
terest, but the principal amount nav be Maid in
services rendered by the Company in TRANSPORTING
troops mails, &c. The interest IS now much NOR,
than paid in this way, besides securinya rea, sav-
Ing in time and money to the Government
~. A GOVERNMENT GRANT OF IN.
rst 10 Issue its own First Mortgage Bonds, to aid
IN building the road, to the same amount as the U
> Bonds, issued for the same purpose and No MARI,
The Government permits the Trustees for the yT,st
Mortgage BondholIeFs - deliver the Bopd. ., ,b.
Company only ss the road is completed, and .fer II
has been examined by United States Commissioners
ana pronounced % be in all respects a frst-elass
railroad laid with heavysT rail, and completely
supplied with depots, stations, turnouts. carsbops
locomotives. cars. &c.
" CAPITAL STOCK SURSCRIP-
TON from the stockholders. ofwhIeA sr.r g,o.f
h"iio" Dollars have been paid "a upon the work al
ready done, and which VIII be increased as the want.
ofthe Company sV4arIs
VI, NET CASH EARNINGS omit, Va,
Business, that already amount TO more than the in
tere'; on the First Mortgage Bonds. These earning,
are no indies'ti'u Of the vast through traHe tina,
must follow the openin; Of the line TO the Pacific
but they certainly prove tina,
First Mortgage Bonds
upon sacs property, costing nearly three times
their amount
Are Secure beyond any Contingency.
1.-The Union Pacific Bonds run thirty years. are for
sl,'1' each, and have coupons attached They
bear annual Interest. payable the first days
Of January agd JAY at the Company's Odice IL
the CITY I'd New York, ut the rate Of six per cent in
g0id Pie Principal spayahle in gold at maturity.
The price Is lO2, and at the present rate Of gold
they pay liberal income on their cost
The Company believe that these Bonds at the
present rate are the cheapest security in the mar
ket and reserve the right % advance the price al
any time Subscriptions will he received in Bur
lington by c v. wOODHOUSE, and in New
York - 'hs Company, Office, Ne. - N.ss.,
STREET, and by
John J. Cisco n Son. ! ankers 70 50
Wall Street,
and by tn Vvmpany advertised agents throughout
DE United States
RsnitfaHes' should b. laads <raffs other f.d-
D4r Ns,r York, and ia B-sds ,-iH b, sent ire,
-aargs By RETAIN cypress PTtss s4bscribiag through
local agsHtS i look 10 them for safe sslirsry
A PAMPHLET AND MAP for 1863 has Just
b 81 published By the Company, giving fuller in
formation than is possible IN an advertisement re
speeting the Progress q the Work, the Resources
the Country traves-ed by the Road the Means for
and the Value Of the Bonds, which viii
Be sent free on application at the Cornpany's Office
or 10 any fthe advertised agents
JOHN J. CISCO. 1rsas4rsr, Nsw York
July DIST -dGW11nOs