New-York tribune., 1868-10-08
nrAn1pnSA ESTATE.

! MARIPOsA ESTATE.
! To the EditOT Of The Tribune.
SIR: IN yOur u Oucy article Of this morning n mate
rial Wisstatemcnt smade M regard 10 the Affairs Ol the
! Marposa Company, which. being calculated to mis-
! il is desirable should be corrected.
Ii Is stated that the trustees OF the MarpOsa estate
hold the property for the sole benefit Of the holders
OF The Narp0sa certificates until they are paid IN full.
So far from this being the fact, the trust deed
pressiy provides that after payment of the dividends
the rate OF lO per cent PCT anun upon 0uJsl andng
certificates the trustees shall pdg ha6 driRd,
al the rate o. pT cent per annum, 70 the holders
OF the DreeYtR stock of the MaTipOsa COmuanv before
dollar be applied 10 the payment Of the principal
Of the certificates, and in becomes necessary
10 sell the property upOn default in paymcnt Of the
dividends the certificates the trust deed provides
that after payment IN lul OF the outstanding ceTtiH
Gates and tie accrued interest thereon the trustees
shall pGy 10 he holders Of fbG 31cfiTed S0ck Ufty per
cent upon The par value OF the stock, and he balance
of the proceeds OF the estate Is 10 he drd equally
betw cen the holders OF the preferred and the common
/ stock.
Now. as less than million and a half dollars Of
N3rip1Sa certificates have been issued f The proceeds
| OF the mines with the improved machinery and APP
| plauces now being put upon tire estate should
| amount to only hity thousand dollars month,
which was the average yield for the five years PRIOR
to the failure of the company IN 1862 the trust fund
viii be sufficient not only pay the ten per cent
upon the certificates. but also dividends upon the
! preferred stock OF the company.
Inc trustees nave nolhlhe 10 40 Win me bonds or
| the MaTipOsa Company, except far the holders
thereof may see it to convert them into Certificates
pursuant To the provisions OF the trust, by paving
cash bonus Tor the privileges have they any ching
/ 90 do with the stockholders of the Company except
70 pay them the dividends provided Cor IA the tu-
far as the funds provided therefor may be sUil-
cient for the purpose.
Tie undersigned having been Chairman Of the In
vCstiUatug Committee appointed by tie bondhOid-
of the company, IN whose interest the trust was
! originally created, has Thought II proper To- make
this statement aud TO say that the trust deed las
been printed and copies of 10 may Doe haG bY apply
ing TO the trustees at their Office 10. - Naiist.
BLNJ. VI. SruLwEu-
October . 1scS Chairman, No. IL Chaubcrs-st
To CAnErUL INvEsToRs.-The first Mortgage
Thirty-year Six per cent Gold Bonds Of the Central
Pacific Railroad Company, based upon the most val
uaLle portion Of the main line TO and from the Pa
cidc Coast are believed TO possess advantages and
assurances shared log no other Corporate securities.
More than $50 miles ere now completed and the
whole through line viii be finished within year.
The local traffic Is already very large and growing
Tie bonds can hc had at lO3 and accrued interest IN
currency. For sale hy FISK HATcH,
Bankers &C. No. Nassau ST., \. Y.
PAcuIc RAuROAD or Missouri SIX PrR CENr
! CoLD BoNDs.-The Pacific Railroad of Missouri,
/ having completed the purchase Of Five Millions Of
Missouri State Skies from proceeds OF sales OF It's six
! per cent gold mortgage Bonds, and having paid
them over in discharge Of al its indebtedness TO the
| State, now offer through the undersigned about 81
5OOGCO more OF its SIX per cent gold mortgage Bonds
/ OUc 4ll 49, NNlDtle Pas tptt N4 ti1 +'i''
/ The proceeds 20 De applied to payment Of Bonds
/ about maturing which VIII then leave the entire
debt Of tle road $7CoO0 in six per cent gold Bonds,
the annual interest upon which VIII be $4,000 In
gold while the net receipts for the present year viii
exceed Sl20QCo0. The road rlns from ST. Louis To
Kansas City, 2s8 miles Price 10r the present par,
and accrued interest in currency.
CLARK, Donor & Co., No. 81 Wall-st
TIE NtTIONtLLuE INSURANCE CuMrANr OF the
United States OTTER the following advantages:
u is National Company, chartered by special act
ii has a paid mp carital Of sLcoaCo.
Jt offers low rates of premium.
1t furnishes larger insurance than other companies
for the same money.
IL is definite and certain in IFS terms.
j. is a home company lu every IogiItF.
its policies a!c exempt from lidci.inet'.
There are no unnecessary restrictions in Tic pOH-
| cies.
Every policy is nou-forfeitabe.
Policies may be taken which pay 10 the insured
I their full amount. and return all the premiums 30
that the insurance costs only the interest on the an
uual payments. -, ,
after certain number of wears. during life. on an
nuaincome Of one-teuth tie amount named il TIE
No extra rate charged for risks upon the lives Of
females.
II insurcs not 70 pay dividends but at so low
cost that dividends viii bc impossible.
CLARENCE IL. CLARK Of Philadelphia IS President,
and JAY CCOKE q co. Of 70. Nassau-st' arc Gen
ersl Agents for this vicinity, with u. {. WHITMAN
and j. u. ORvIs, Managers, where Applications Tor
insurance on the most favorable terms will De re-
ceivcd. Also. bv Thomas BTSTIEY, NO. III Mon
tague-st, Brooklyn, Agent for Kings County