Delaware tribune. [volume] (Wilmington, Del.) 1867-1877, 1868-05-28
GREAT NATIONAL WORK,

at The earliest possible day, will he DONE
The UNION PACIFIC RAILROAD co. receive:
and an necessary TIMBER and other materials
found alous The line of it's operations.
H.. Government Grant of $500 acres of
lald 10 The mile, taken in alternate sections on
each side ul It's road This is IN absolute dona-
tim, and VIII be source of large revenue in the
future
1hirty-year Bonds, amounting to from $4,000 to
sisHlO per mile, according to the difficulties ts
be surtunnnted on the various sections to be built.
1he Government takes second mortgage as re-
cifiiy and it IL expected that not only the inter-
cst, but the prlasiral amount may be paid in ser
triul's, mails, Nc. The interest is now much
more than paid in this way besides securing
Fcai saving in time and money 10 the Govern-
IVA Governmnn mt Grant oflhc right to issue
It's ewn FIRST MORTGAGE BONDS. to aiu In
building the road, 10 the same amount as the U.
$. iunds. issled for the same purpose, and no
aoIe. TnG GovRnsMsNT PfgMirs the Trustees
I, The First MORTGAGE Bondhoders to deliver the
Bands To The Company only as the road is COM
pletcd, aud after ii has been examined by United
states Commissioners and pronounced to be in
all respects iirst-class Railroad, laid with
heavy 4 rail- anl completely supplied with de-
pots, stations, turhunls ear shops locomotives,
tlirs, Ne.
". capital Sioci. Subscription from the
stuckholdsrs, of which orer Eight Million Dollars
have been paid in upon The work already done,
and which will be Increased as the waits of the
Company require.
VI.-set Cash Earning on its Way Business,
that ALREADY amount to MORE THAN THE INTEREST
on the Firt Mortgage Bonds These earnings
are no Indication Of the vast through traffic that
must follow the opening of the line to the Pacific,
but they certainly prove that
First Mortgage Bonds
upon such property, costing nearly three times their
amount,
Are Secure Beyond any Contingency.
The Company have abundant means in their tres-
fpe as the .d are s1 penree
satisfactory; but they submit that for entire security
and liberal returns, there is certainly no better invest
The Union Pacific Bonds arc for $1,000 each, and
have coupons attached They have thirty years 10
run, and bear annual interest, payable ON the first
days OF January and July at Inc Company's onlce in
the City of New York, AT ttc rate Of six per cent In
gold. The Principal is payable in gold at maturity.
AT The present rate Of gold, these bonds pay an
annual Income on their cost OF
NEARLY NINE FER CENT,
1nd is 6eiicUea that they aoiU soon he
at q Premium.
The Company reserve the right to advance the
price IF their bonds To rate above par at any time,
and VIII not I'LL Agy orders or receive any subscrip
lions on which the money has not been actually paid
at the Companys ellicc before the lime of such adj
vance.
Parties subscribing will remit the par value of the
bonds and the accrued interest in currency at the
rate Of six per cent. per annnn from the date on
which Tue last coipou was paid. Subscriptions will
be received in Wilmington by
FIRST NATIONAL BANK.
Il. Il. ROBINSON s. co.
~
WUO1STON Il CO
anil ia New York
AZ the Coinpnn y office, No. 20 Nassau vt.
Jobn J. Cisco IL Son. Bankers, No. 50
wall street.
And hy he Company a,Nettisr1 agents through
ot the United Stlics.
Remtanccs shnuii he malc in drafts or other
funds par in New York, aud The Bonds will be sent
free ol carc by return express. Parties subscribing
through local AGENTS. will look TO them for thcr sale
delivery.
A PAMPHLET AND MAP FOR 1865 has lust been
puhs he'd by u q Company, giving fuller information
than II possible IN an advertisement, respecting the
Progress al The Work, the Resources OF The Country
lraycrs,d y the Road, the Means ior Construction,
and the Value Of the londs, which will be sent free
on appcAH at The CUlnpaiy's Offices 10 any of
the advertised agents. APPEL -3md&w
JOHN j. CISCO, Treasurer, New York
RAILnoAn