The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1869-09-07
MISCELLAN EOUS.

MISCELLANEOUS.
A PACIFIC RAILWAY
GOLD LOAN.
n" $6,5OO,OOO.
We beg leave to announce that we have accepted
the agency OF the Nh. si.4I
Kansas Pacific Railway Company
For the sale OF its
New Seven Per Cent Thirty Year
Gold Loan, Free from Tax.
This Loan amounts to So, 100000. ,..
First Mortgage Lnnd.tsrnnt 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 ~ miles are COM
peted and the rest is under construction 1t is al
so a Mortgage upon the Road, the Rolling Stock and
Franchise OF this first Glass Railway, besides now run
ming through the State of Kansas,
And in Successful Operation for 431 miles
west OF the Missouri River, and earning already
enough to meet all Ct lis expenses and existing ob
cations, besides ..I..f.
More ihnn the Interest pom this new Loan
In addition to this the Bonds arc also secured by
first mortgage of the
Government Land Grant orthrec Million
extending in alternate sections either side of the
track from the 39ith 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 100 or in U. S. Bonds, as
A Sinking Fund for the Redemption Of
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 STATE Of
rrY d
and although not pledged as security for this Loan
their possession adds largely to the Company's
wealth and credit. We estimate the
Value efthe Company property, covered
r.. by this mortgage, mt $23, 600, 900 |
az! met, while the Loan is merely |
- -i"'. '-'4. s6,5OO,OOO. I'll
The Bonds have Fey '-- ''" '''.
os oss.s Thirty Years to Run,
from May 1, 1869. and will pay
Seven per cent Interest in Gold,
semi-annualIy, on May and Nov 1, and arc |
Free from Government Tnxa,ion,
the Company paying the tax. .l.,...a .g....
The Principal of the Loan is made payable
in G old, 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 q, 900 Bond in New York s35 lgold) each year
London. 49,. ST IS. 10 60 Z"
.-" Frankfort. >. 81 fir, 80 krtzs. "a
The Agents of the Loan, before accepting the
try through which runs, carefully examined They
are happy to give the Loan emphatic endorse
ment as |
- FIRST CLASS INVESTMENT,
in every respect perfectly sure and in some essen
tials even
Better than Government Securities.
The Bonds will be sold for the present at
Dc, nnd Accrued Interest.
both i'm Currency, !
the Agents reserving 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. 'i..- .a.4 %, 10
DABNEY, MORGAN Dc CO., 4
No. So Exchange Place, N. Y.
H. X. JESUP Dc CO.. Il
augt9d&w3mis No. IL, Pine Street, N. Y.