Smyrna times., 1868-08-05
GAO. MILES

Are finished and in operation Sixty miles of track have
been laid this spring. and the work along the whole line between
the Atlantic and Pacific States is being pushed forward
rapidly than before More than Thousand
employed and is not impossible that the entire track from
Sacramento will be finished in 1863 instead of 1870
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,
and all necessary and other materials found along
the line of its operations.
H.-A Government Grant of 1880 acres of
land mile, taken in alternate sect ions each
of its road This is absolute donation and will be
Of large revenue in the future.
III.-A Government Grant of United States
Thrty-year Bonds, amounting from $4,000 s4sOOO
per mle according the difficulties to be surmOunted
the various sections to be built The Government takes
second security, and it is expected that not
only interest but the principal amount be paid
in nservce the Company transporting troops
mails, &c. The interest is much more than paid in
this way, besides securing great saving in time and
money to the Government.
IVA Government Grant of the right to is
sue its FIRST MORTGAGE BONDS, to aid in build
ing the road, the the T. s. Bonds,
sued for the same purpose and NO MORE The Govern
Permits the Trustees for the First Mortgage Bond
holders deliver the Bonds the Company only
road is completed and after it has been examined by
United States and pronounced to be in all
respects rst-class Railroad laid with heavy rail and
completely supplied with depots, Stations turnouts
shops, locomotives cars, &c.
VA Capital Stock Subscription from the
stockholders. of which EIGHT MILLION DOLLARS
have been paid in the work already done which
will he increased as the wants of the Company require
VI.-Net Cash Earnings on its Way Business,
that already amount to MORE THAN INTEREST the
First Mortgage Bonds. These earnings indication
of the through traffic that follow opening the
l11af thn DapiGa IbItt nlrfa a,,1. Nlak
f Il - Nj o Il gage IS q m 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 On
daily subscriptions entirely satisfactory but they submit
that for entire security and liberal returns there certainly
no better investment in the market.
The Union Pacific Bonds for $1,000 EACH and have
attached They have thirty to and bear annual
teest payable the first days of January and July
Office in the City of New York, the of per
in gold The Principal is payable in gold at maturity
| The price is IO2,
and at the of god they pay liberal income
| their cost.
Company believe that these Bonds at the present
the cheapest security the market
to advance the price of their bonds time Subscriptions
will be received in New York.
Subscriptions will be received in Smyrna by Wm NJ Bell
| ESQ., Cashier Bank OF Smyrna
and in New York
AT THE COMPANY's OFFICE, No. 20 NASSAU STREET
|
| JOHN J. CISCO 81 son, BANKERS, No. 50 WALL STREET
| And by the CompanyS advertised agents throughout
the United States.
Remtances should be made in drafts funds par
New York and the bonds will be of charge by
Parties subscribing through local agents, will look
! them for their safe delivery.
PAMPHLET AND MAP for 1868 has just published
by the Company giving fuller information than possible
advertisement, respecting the progress the Work Re
tba bvt 81
Construction and the Value of the Bonds which will be
free application at the Company offices any
vertsed agents.
| Mayl3 JOHN J. CISCO, Treasurer, New York.