The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1868-08-15
Central Pacific Railroad First
Mortgage Bonds.


IL Is commonly known that the General Gov
NAN TupoI-caI NE or p,npo,n go ~ W y ~
cific 0rean across tho Tarr;tor;as 80 .I,.,,as
With the yarions Eastern Eranshss Of ar u.
citio Railroad system and Which will form ~.
GRAND TRiyNK ROITTR "a the Far We,
unon which tba rni,hty trans.co,t;nar,al trs IN,
viii roncentrate
n. cv>yrp,, p.c,r,, n,,,o.
cdIH, ~ inah taStE ~ INAiI-noaL
Show 20 ans S,in,iiar - r., auosnn. 49,,
times-wiII hniIs, s,n;n go "a .on,rAI ~
Westa,r uaIT 80 ~ En- 80, anu eo.SoI VI. VIZ.
nrndnctive fayoraS "a sno nv ~,
whole and NAV instIy he "a ~ ~ sne
the richest franchise ever Srante5 On fhis con'
neut.
m,
ino aSt VI Nongtess Coh.ers upon the Sotpo
rauons' besides tne rlgnt Oh way across the Ter
rltorles, gut OF ~ cOO acres OF tho puDhe land
per mile, contiguous TO this line, and en- appro
pr1ation from the National credit OF SIXTY NIL
LIONS IN FIX skNT: BONDS, uehVered as tnt
sidy bonds the company NAV cancel in Ss S
% yy-aa,s b,, che TrPnaSSor..,,or ss,-i.a- go
po9Ss 81 sr,.iI 80 ron,a,o =, ,hntr 20. n.~.'
;ngs. tbax thsrefnrp oons,i,s,o az &c.,, =,
Srsat strsnStb 20 ,bs cornors,io,s W
- 90 " WV
The Act further authorizes them TO issue m
equal amount of their own First Mortgag,
Bonds of corresponding denominations, tshicJ
shall be the frSt claim upon he trhoL railroad prop
eyty and 10 tphieh the lien Of The Goperuta,nt shdL
he Sttbordinats IA a means of more readily secur
inc the remainiDg half of the capital for III, con
struction; the equipments, &c, being provides
ont of the capital stock subscriptions and Other
-,
Inc great CENIhAL iAOiflc hAl.koAD IN uherc
fore, III an Important sense, a SEAlNAIIoNAl
WORK, aided and commended by the people th'
Legislative power, ana the Executive otnoers
though us management Is ddmlhStc'ed nun az
me care ana JO'SnouJhl ~ A~ hos' e"'IIh'' P''rdl
corPOrduOnH' Being uhuer the constant super
N WHO OF nne oelng Ino p.in
s. ~ u,,.a'. -, ISi.in
nai,ai IT, ;n,,s,a5 T., a. ,'r,,,,or, ,Iaa,,g
- ~ PiS'1J H., -, ~, y, III 4,
49,, ~ 20 ,.I,o, sa.'s. a. ill., 60 800
1 I i'' ~ Py'o.'o Inv ' . - ~
dehce anu MARKET Value except thoso vi INT
uoFerhhionI
Under these favoring auspices very gratifying
progress has been made in extending the railroad
track from both directions Nearly 1000 mile
Of the Main Line and convergiDg Branches he
tween the Missouri River and the base Of tn
Rocky Mountains have been built within tire
years. The CENTRAL PACIFIC RAILROAD ha
also steadily and successfully carried the Mai
Stem Line from the steamboat navigation Of tn
Pacific 10 the summit of the Sierra Nevada an
into the Great Salt Lake Basin east OF the Cal
diihcu,t anu expensive portion o, tho Nno'
nh1, .he I1 VI inS o1n,sJ ~ sS2
win tio I.as.ein iin.s Icing 80
a'iouH' aiiii"'' W 'e' '"'"'S'
Inc ptVInin ll ieature IN tne ~ =.
IN J da"i n,,iS sne hInh - q,
1897 I nPay tha comnIe,aJ nnrtIop NOR. tha
the Immense traffic between the ports Of Cal
fornia and the mining regions Of tho int,I O
would sustain n first-class railroad line, even
net profit upon operating the link Of less tina
one hundred miles, thus far, reaches nearly tw
millions In gold; and TINS ratio WiII We double
mountalh transit Is maae oy tho io'1n1t's'
WIN esSly en Yen 81 Wy ar, az s'1 ncre"so,
anu P,OmIa VI , ine ,.or}onJ ,h,"nah ,,agc .ha
eraI prosperity Of the company will be wit6oI
parallel. and II. securities appreciated CORE
nondinglv. The CENTRAL PICIuC RAILRsA
| COMPANY offer for sale theirFIkST MORTGAG
hu.i ~ ~ ".hn. oS,.an. considsr,
t;ans' an5 ;r,,ito n. comnari.on With the mcrit
smI a',naiianci.s ~ an cIa.. Of Cornora,, !.
/ These Bsuds are baaed upon the most Wit
and valuable part Of the Grand National Pacii
Railroad. soon 10 become tho main channel
| communication on the continent.
IL The local settlement and business Their
from Is remarkably large and profitable, "a
must constantly increase.
| III. The hardest part Of the road IL no
built, and the remainder will be rapidly carrie
| forward over the Salt Lake Plains.
". The greatest part Of the means neces-ar
\ 10 buiid the road il provided by the L. :. Go
| .ruInent upon subOr dinAte lien.
|
V. Tie State and chief cities Of Californ
enterprise without lien. .
|
VI The grant Of land ia destised at an ear
upon the road and equipments.
.Vli; Tbs ROAD lies altogether "a among 20, sns 10
VIII. The management OF tbis company ny =
! Deen I'D ths nRbest uegI.o PIuunnt -. -
and the whoie suipIus siui pay .o - ~.
and interest, Il devoted 10 cohstTuctoh P"l
ses.
~ ri, t,,u,.., I.hil,,i.. NJ the eotapa
Ia 80. rn r. H.. Tn = ihird the net sarIin
x Both Principal and Tnt,rest ar, paya,1,
iersa Ior ha,e 49,, :. - ~ 80 I.y 49, In q
ana aDctubu luSINSt H""' "s-4' - -