Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1868-06-17
600 MILES
or rHE
UNION PACIFIC RAILROAD

Are now finished and In operation. sixty miles ftrack
have hecn laid this SPRING and he work along the whole
lime between the Atlantic aud Pacific States 8. being
pushed forward moro rapidly than over before. More
than twenty thousand mon employed, and &c g. not
impossible That the entire track froni Omaha To- sacra-
meuto win be finished in ls61 instead OF 1870 The
means provided ample and an that energy and
none, can do to secure the completion of this
GREAT NATIONAL WORK,
a., Che carlicst possible day, will be done.
THE UNION PACIFIC RAILROAD COMPANY receive.
la GovrnSusvr Gu,vr ortho right OF way. and all
ncccsar, timber and other materials found along the
lime OF its operations.
IA Go,rnyurNr GuANr OF l2 SOD acres OF land to the
mile, taken n alternate sections each side OF It,
road. Thisisa n absolute donation. and will be- a
source of large revenue go the future.
MA GovrHvvrNr GnAvr or United States Thirty
year Bonds. Amounting % from slC,ooo sisnoo per
mile, according to the difficulties to boo sumountcd
The various sections Ca Dec built The Govcrn-
nent takrs SECOND mortgage as security. and 90 IS
expected That uotouly tho iutcrcs but the principal
amouat may bc paid n service. rendered hy the
Company IN transporting troops malls Sc. Tho In
tercst b now much mors than paid In this way, he
sides securing great saving IN time and money 20
the Government
IVA CONVENIENT GHtSr ofthe rirhtto issue lts own
FIRST MORTGAGE BONDS to aid ia building the
road, io the same amount the $ nondi, issued
for the same purpose, and BOO moro. The Government
permits the Trustees for the First Mortgage bond
holders Go deliver the Bonds 10 the Company only as
tho road b. completed, and amer II hns been examined
hy unitedsiatcs Commissioners and pronouuccdto be
iunll respects r.tclass Railroad laid with heavy
r ml. nnd completely supplied with depats. STA
uons, turnouta, car.shops, locomotives, ears &c.
VA CAPITAL sTocR SUBSCRIPTION from the stock
holders of which otcr Eght Million D1aars have been
paid in upon the work alteady done, aud which will
DO Increased as the want. ofthe Company require.
W.-NEr CASH CARVINGS on It, Way Business that al
ready amount to tAnn the iaffresf the First
Morgngo Bonds These earnings arc no indication
ofthe through traffic that must follow the OPEN
Ing OF the line to the Pacific but they certainly
prove that
FIRsT MORTGAG BONDs
upon such property, costing nearly three times their
amount
he Scar, l,yond any Contingency.
The Company have abundant means In their treasury
and make no appeal 20 the public To purchase their
Bonds as the daily subscriptions arc entirely satshc-
tory but the, submit that FOR entire security and lib
cn returns there certainly better Investment in
/ the market
The Uuon Pacific Bonds are for 0o1 each and have
coupons attached They have thirty years to and
hear annual interest payable the first days Of Janu-
AIRY and July at the Company Office In the city Of New
York at the rate Of six per cent in gold The Principal
payable In gold maturity. At the present Of
gold these bonds pay annual income on their cost Of
NEARLY NINE PER CENT.
dND IT Is BELIErED TINT THEY MY SOoN ne
ar 4 PREmUM.
The Company the right to advance the price
to rate above par at any time, and will not I'LL
any orders receive any subscriptions which the
money has not been actually paid ut the Company Of
/ Gee before the time Of such advance.
subscriptions will he received in MONTPELIER ny
MONTPELIER NATIONAL BANK,
aud in Now York
Al The coaPa'y's oGcs, No. - Nessau STRAIT,
AND ~
Jain j. Cisco q Son. Bnikers, No. 80 WaH Street,
And by the Companys advertised agents
throughout the United States.
Remmces s1opli be made drqffs oiher funds par in
Ner FORK and tie Bonds rH be sf nee Of charge by return
spr,ss. Parties spbsvbbg through local agcsf, wH look
| 10 them for nou safe deihery
/ PAMPHLET AND MAP FOR 1868 has just bocn pub
she by the Company, giving fuller information than i
possible in advertisement, respecting the Progress Of
the Work. the Resources of the Country rayersed hy the
Bonds which will be sent free On application Mt the
JOHN J. CISCO, Treasurer, New York
Nays, 1903. l022 daw
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