The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1869-08-24
MISCELLANEOUS.
MIHCELLANEOU
A PACIFIC RAILWAY
GOLD LOAN
$6,500,000.
We beg leave to announce that we have accepted
fba aoauox, IS

We beg leave to announce that we have accepted
Kansas Pacific Railway Company
For the sale of its
New Seven Per Cent Thirty Year
Gold Loan. Free from Tax.
This Loan amounts to se,5oo,ooo.
First Mortgage Land. Grant and Sinking
Fund Bonds,
secured upon the extension Of the Railway from
near Sheridan, in Kansas, to Denver, Colorado, a
distance Of 237 miles, of which 70 miles are COM
peted and the rest is under construction 1t is al
SO a Mortg ge upon Rolling Stock and Franchise OF
this rst-class Railway, besides now running through
the State Of Kansas,
And i'm Successful Operation for 431 miles
west OF the Missouri River, and earning already
enough to meet oil Of Its 1penses and existing obi
cations, besides
More thnn the Interest upon this new Loan
In addition to this the Bonds are also secured by
first mortgage of the
Governments Land Grant of three M illion
Acres,
extending in alternate sections either side of the
track from the 394th mile post in Kansas 10 Denver
The proceeds of the sale OF these lands are to be in
vested by the Trustees in the per cent Bonds them.
selves up to 12o or in U. S. Bonds, as
A Sinking Fund for the Redemption Of
-... the Bonds.
The lands embrace some of the finest portions OF
the magnificent Territory Of Colorado, including q
coal field and pinery. This Company ais holds as
an asset another tract OF
Three Millions of Acres in the State of
Kansas,
and although not pledged as security for this Loan
| their possession adds largely to the Company's
| wealth and credit. We estimate the
Value ofthe Company's property, covered
by this mortgage, at $23, 100000
net, while the Loan IL merely
$6,5OO,OOO.
| The Bonds have
Thirty Years to Run,
from May 1, 1862 and will pay
Seven per cent Interest i'm Gold,
! semi-annually, on May and Nov 1, and are
Free from Government Taxation,
| the Company paying the tax.
The Principal OF the Loan is made payable
in Gold, in the City of New York, but each coupon
will be Payable in Frankfort, London or
New York. at the option of the holder, without
| notice, at the following rates:
On 900 Bond in New York ;. ss5 tgOld) each year
London. Ct IS. 10
The Agents of the Loan, before accepting the
trust had the condition of the Road, and the coun-
try through which runs, carefully examined. They
are happy to give the Loan an emphatic endorse
| ment as
FIRST CLASS INVESTMENT,
every respect perfectly sure, and in some essen
tials even
better than Government Securities.
| The Bonds will be sold for the present at
sc, and Accrued Interest,
| both i'm Currency,
the Agents reserving the right to advance the rate
The attention of investors invited to these WELL
secured Bonds, which we recommend as one of the
most profitable investments in the market.
Gold and Government Securities taken in pay
ment at their market value, without commissions.
Pamphlets. with maps giving full information,
sent on application. y:
D4BNEY, MORGAN DE- CO.,
No. SD Exchange Place, N. Y.
NJ. X. JESUP d. CO.,
augi9d&w3mis No. IL, Pine Street, N. Y.
For MafanZaS /!