The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1869-09-04

.sFg.1e MISCELLANEOUS.
A PACIFIC RAILWAY /
GOLD LOAN
a $6,500,0oo.' 0
Is STAIR n,LnAn.... LN,W i
We beg leave to announce that we have accepted
the agency of the Il
Kansas Pacific Railway Company
For the sale of its
New Seven Per Cent Thirty Year
I'll Gold Loan. Free from Tax.
This Loan amounts to $6,5OO,OoO.
First Mortgage Land.Grant and siuking
Fund Bonds,
near Sheridan in Kansas, to Denver, Colorado,
distance OF 237 miles, of which - miles are COM
pieed, and the rest is under construction 1t is al
SO Mortgage upon the Road, the Rolling Stock and
Franchise OF this rstclass Railway, besides now rum
ming through the State of Kansas,
And N E.,u n A o ~
west OF the Missouri River, and earning already
enough to meet all Of its e. penses and existing ob
cations, besides M
More than the Interest upon this new Loan
In addition to this the Bonds are also secured by
first mortgage of the ...r-5
Government Land Grant of three Million
aH Acres,
extending in alternate sections on either side of the
track, from the S94th mile post in Kansas to 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
coal field and pinery. This Company ais holds as
an asset another tract OF
Three Millions of Acres in the Slate of
Kansas, r,-u nu
and although not pledged as security for this Loan,
their possession adds largely to the Company's
wealth and credit We estimate the a
Value ofthe Company's property, covered
by this mortgage, ut $23, OOO,OOO
net, while the Loan is merely
$6,5OO,OOO.
The Bonds have
Thirty Years to Run,
from May /, 1869, and will pay M -snrF
Seven per cent Interest in Gold,
semi-annually, on May and Nov 1, and are
Free from Government Taxation,
the Company paying the tax.
luz 1fIMClpal OF the Loan IS maze pnyaOI6
in Gold, in the City of New York, but each coupon
will be Payable i'm Frankfort, London or
New York, at the option of the holder, without
notice, at the following rates:
On 81, 900 Bond in New York $35 (gold) each year
London. ..... ct IS. 10 "'s y"
" Frankfort :. 81 fir, 80 krtzs. +"
The Agents of the Loan, before accepting the
trust had the condition of the Road, and the coun-
try through which it runs, carefully examined They
are happy to give the Loan an emphatic endorse
ment as a '-f
FIRST CLASS INVESTMENT,
in every respect perfectly sure, and in some essen
-' tials even -'l
Better than Government Securities.
The Bonds will be sold for the present at
. 90, md Accrued Interest,
g.eeia both i'm Currency, .Hr.
the Agents roserving the right to advance the rate
The attention Of investors is invited to these we'll
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.
DABNEY, MORGAN de- CO.,
No. 53 Exchange Place, N. v.
III. X. JESUP DE- CO..
augl9d&w3mis No. IL, Pine Street, N. Y.
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