Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1868-10-28
Advertisements.
$50 Mfles Compieted.

Admitted amount ftho First Mortgage Bonds Of tho
Union Pacific Railroad Company offered 10 The pub
De- as one ofthc nfast and most profitable invostmcnt
o. They arc arit mort gage upon the lougo. and most
important railroad IN the country
@ By law they can be Issued to the Company only a
The road s completed 30 that they always represent
real value.
o. Their amount "a limited by act Of Congress TO Fny
Million Dollars on the entire paoao line or ON average
ofior' than ilooll per mile.
Hon T. d. Morgan. OF the United state. senate. and
Hon oake' Ames OF the United States House Of Roprc-
cntatycs, the trustees Tor tho sondholder to sec
that nil thcir Interests are protected.
%. Five Government Directors, appointed by The rro.l.
don't ofue United States are responsible Boz ta country
for Che management of it affairs.
Three Unlt,d states Commissioner. must certify that
he road s we built and equipped, and IN all rcspocsa
ariciaa railway, before any bonds can be Issued upon
&. The UnItod States Government lends the Company
ls own bonds to the same amount that the company
es Tor which 70 takes second mortgage as security
F. A. additional ala, 30 makes an absolute donation
ofl2o acres ofand 70 the mile lying upon each side
of the road
The bonds pay ELK per cont in gold and the princi
pal o. also payable Ia gold.
iO The earnings from tho local or way business were
over -Four Million Dollars last year which, aner paying
operating expenses, much than sufficient 20 nay
Che interest Those earnings viii be vastly increased on
the completion orihe entire limo IN is69.
o. SO political action reduce the rate Of interest
10 must remain Tor thirty yearssir per can't per nup
m goh now equal to between eight and nine per cent In
currency Ttcprmovai e then payable IN goa II bond
with such guarantees, were issued by tho Government
D fHa a.. b ..-I o A.. b D a.
cont premium. A. these bonds are issued under Gov.
eminent authority and supervision, upon what IS very
largely Government work, they must ultimately ap.
proach Government prices. No other corporate bonds
arc made secure.
l2 The issue will soon be exhausted Tho sales have
sometimes been halfa million day, and nearly twenty
millions have already been sold. About ten millions
may be offered. Il Is not improbable that some
time not far distant all the remainder Of the bonds the
Company can issue will takon by some combination
ofcaptlssan and Withdrawn from the market except at
large advance. The long time the high gold interest,
and the perfect security, must make these bonds very
valuable Tor export
All the predictions which the officers Of this Compan
have made in relation tho progress and business sue.
Of their enterprise the value and advance the
price Of their securities, have been than confirmed
and they therefore suggest that parties who desire to In
vest IN their bonds eH mt Their advantage 10 DO 80 al
once.
Tho price for the present I02 and accrued interest
the rate of six per cent in currency from July let, an
subscriptions will be received Ia MONTPELIER by
MONTPELIER NATIONAL BANK,
and Ia Now York
a me Company. Office, No. 20 Nassau street,
I AND BY
Y John j. Cisco q Son, Bankers, No. 80 val Srssi
And by tho Company's advertised agents
throughout the United States
Bonds ssHt ee parties subscribing through local agents.
riR iook 10 them FOR thsT fgfe deiitery.
II A NEW PAMPHLET AND MAP WAS ISSUED OCT
ls containing report Of tho progress Of the work t.
that date and complete statement in relation I,
the value Of the bonds than be given in advertise
mcnt, which will be sent free application at the Com
pany's Offices or to any of the advertised agents
JOHN j. CISCO, Treasurer New York.
, Oct 9TH 1868. 30 day