Daily Davenport Democrat. [volume] (Davenport, Iowa) 1864-1874, 1868-07-30
7oO MlLEO
OF TIE
UNION PACIFIC RAILROAD.

UNION PACIFIC kAlLkOADs
Arc now finished and in operation. More than
twenty Thousand men are employed. and it 10 not
impossible that the entire track, from Omaha TO
The UNION PACIFIC RAILROAD COMPANY
receive:
IA Government Grant of the right
of way and all necessary tn1er ana other Eateral1
0und along the line Of It's operations.
ia Governrnent Grant OF II, $40
acres Of land 20 the mile tkl In alternate sections
ON each side ofits road. Inis is an absolute dona
tion, and will be source oi large revenue In the
future.
lila Government Grant Of
United States ThiItyyeas Bonds amounting 10 from
SO .Ooo.to $4,000 per mite, according 10 the DIM
cultes 10 be surmoun'ed on the various sections to
be built The Government takes secon1 mortgage
security and IL lie ted tlai not only the inter
est, bat the principal amount may be paid in servi
rendered by the COMPANY in transporting troops
mails. DC.
RIG hi to Issue rs own FRS MoRTGAGE BONDS,
to aid in building the road, 20 the same amount 40
tie L. :. Bonds. issued for the zane purpose, and
ne more The Government Permits the Trustees
for the Pirst Mortgage Bondholders to deliver the
Bonds to the Company only the load 10 completed
and after II has been examined by unitcd States
Commissioners and pror ounced to be In all speeo
u hrstclass Railroad.
VA Capital Stocl, Subscription
from the stockholders. Of which over Eight Nil.
ready done, and which will ae Increased A. the wants
OF the Company require
,VI--Net Cash Earn! ng~ ON its Way
Business, that already amount 10 more than tho in
terest the First Mortgage Bonds. These earnings
are indicationiof the vast sthrough trafic that
must follow the opening of the line to the Pacific.
bat they certainly prove that
FIRST MORTGAGE BONDS
upon such property. costing nearly three times
their amount.
Are Secure beyond any Conaia.
sency.
Thn r,;oo A. R,nl. tbf,.v v.s,. 80
for 81 900 each, and have cupons attached They
bear annual interest payable on the first days Of
January and July at the companys once IN the
gold. The principal IS payable in gold at maturity
The price is 1O.s. and al 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 market
and reserve the right 10 ADVANCE the price AZ any
time. Subscriptions will be received In New York
At the COmpamy's Office, No. 70
Nashmn street,
john y. Cisco Il Som. Bank rs.
No. 50 Wal! street
ANDBi
The lst National Bank of lDa.
venpOrt. Iowa.
Kemtfancee should he maie in drafts or other
Iunde par IN New York. and the Bonds viii Do sent
free OF charge by return express Parties subscfib
Ing through local agents. will to them for their safe
delivery.
A PAMPHLET AND MAP FOR 1855 has jus,
been published by the Company. giving fuller iuior.
nation than 10 possible in an advertisement, roe
pectng the Progress of the work, the Resources Of
the Country traversed by the Road. the Means for
Construction. and the value Of the Bonds. which
will be sent free application, at the Compauy's
ONCE or to any ofthe advertised agents.
JOHN j. CISCO. Treasurer. New York