Smyrna times., 1868-07-08

OF THE
0aaa0nm PRG2p2e]
RAILRoAD
Are finished and in operation track have
been laid this spring and the work along ;he
the Atlantic and Pacific States hcing pushed forwari NOR,
rapidly than before. More twenty men ar,
employed and it is impossible that track
Omaha to Sacramento, will be finished
The provided ample and all that energy and
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:
IA Government Grant of the right of way,
and all timber and other materials found along
the line OF lis operations.
ia Government Grant of $500 acres of
land to the mile, taken in alternate each
side of its road This absolute donation, will be
asource OF large revenue in the future.
| lII.-A Government Grant of United States
Thiryyear Bonds amounting from Sl6,OOO to $4,000
per mile according the difficulties be surnouned ed on
the various sections to be built The Government takes
second mortgage security and is expected that
only the interest but the principal amount be paid
rendered by the Company transporting troops
mails, &c. The interest is much than paid in
this besides securing great saving in time and
money to the Government.
IVA Government Grant of the right to is
sue its own FIRST MORTGAGE BONDS, to aid in build
ing the road to the same amount the L. S Bonds,
sued Tor the same 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 to be in all
respects frSt-clas 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 OVER MILLION DOLLARS
have been paid in upon the work already DONE which
will be increased as the wants of the Company REQUIRE
VL-Net Cash Earnings on its Way Business.
that already amount to THE INTEREST on the
First Mortgage Bonds. These earnings no indication
Of the through traffic that follow opening of the
line to the Pacific. but they certainly prove that
r. 1r - Nj Ort gage Bon
upon such property costing nearly three times their
Are Secure beyond any Contingency.
The Company have abundant their treasury and
make no appeal 10 the public to purchase their Bonds AS the
daily subscriptions entirely satisfactory hut they submit
that for entire security and liberal returns there is certainly
no better investment in the market
The Union Pacific are for $1,000 each and have ,
attached They have thirty and bear annual in
eres payable the January and July At the conn
pany Oce IN the City of New York the of six per
IN gold The Principal is payable in gold at maturity.
The price is IO2.
and at the gold they pay liberal income on
their
The Company believe that these at the present rate
are e cheapest security IN the market and right
to advance the price of their bonds any Subscriptions
will be- received in New York
Subscriptions will be received in Smyrna by VIM. NJ Bell
Esq. Cashier, Bank o Smyrna,
and in New York
AT THE COMPANY'S OFFICE No. 20 NASSAU, STREET
JOHN J. CISCO & son. BANKERS No. 50 WALL STREET
And BY the COmpany's advertised agents throughout
the United States
Remttance should be drafts or other funds mar y;
New York and the bonds will be charge by return
express Parties subscribing through agents. will look TO
them for their safe delivery.
PAMPHLET AND MAP for has just been published
by the Company giving fuller information than is possible in an
respecting the progress Work the Re-
sources Of the country by the Road the Means for
construction and the Value OF the Bonds which be- sent
rec on application at the Company to any Of the adj
Tertsed agents.
Mayl3 JOHN J. CISCO Trnaenror Y ~. ",