The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1870-03-19
MISCELLANEOUS.
Office of FISK & HATCH,
BANKERS AND DEALERS IN GOVERN
MENT SECURITIES.

MENT SECURITIES.
No.5NAssAu TREEr, NEw-YoRK.
February 18th, 1870.
Inc remarkable success which attended our nego-
tiation OF the Loans of the CENTRAL PACIFIC RAIL-
ROAD COMPANY and the WESTERN PAcIFIc RAIL
ROAD COMPANY, and the popularity and or
which these Loans have maintained in the markets,
both in this country and Europe, have shown tina
the First Mortgage Bonds of wisely-located and hon.
orably managed Railroads are promptly recognized
and readily taken as the most suitable, sale and adj
eral income than can hereafter be derived from
Government Bonds, and available to take their
place.
Assured that, in the selection and negotiation of
superior Railroad Loans, we are meeting great
public want, and rendering a valuable service
both to the holders of Capital and to those great
National works of internal improvement whose in
trnsc merit and substantial character entitle them
to the of Capital and the confidence ct investors
we now offer with special confidence and satsfac-
ton the
FIRST MORTGAGE BONDS
OF THE
Chesapeake aad Ohio Railroad Company.
The Chesapeake and Ohio Railroad, connecting the
Atlantic coast and the magnificent harbors OF the
Chesapeake Bay with the Ohio River at point OF 70
liable navigation and thus with the entire Railroad
system snd water transportation of the great West
and Southwest, forms the additional East
and West Trunk Line, so imperatively de-
manded for the accommodation of the immense and
rapidly-growing transportation between the Allan
tic sea- beard and Europe on the one hand, and the
great producing regions of the OHIO and Mississippi
Valleys on the other
The Importance Of this Road as a new
outlet from the West to the sen magnifies it
into one of national consequence and insures to it an
extensive through traffic from the day OF its compile
tom WHILE in the development of the extensive ag-
ricultural and mineral resources of Virginia and
WestVirginia it possesses along its own line, the
elements of large and profitable local business.
Thus the great interests, both general and local
which demand the completion of the CHESAPEAKE
AND ONO RAILROAD to the Ohio River, afford the
surest guarantee OF its success and value and
der it the most Important and substantial
Railroad enserPrise now In progress in
this Country.
Its superiority an East and West route. and the
promise Of an immense and profitable trade await
ing its completion have drawn to it the attention
and cooperation of prominent Capitalists and Rail-
road men of this City OF sound judgment and known
integrity, whose connection with it, together with
that of eminent citizens and business men of vir-
ginia and West-virginia, insnres nm energetic,
honorable, and successfal mana cement.
The Road is completed and in operation from
Richmond to the celebrated White Sulphur Springs
of West-virginia, 227 miles, and there remain but
200 miles now partially constructed to be compile
ted to carry to the proposed terminus on the Ohio
river at near, the mouth OF the Big Sandy river
$50 miles above Cincinnati, $50 miles below Pitts
burg.
Lines are now projected or in progress through
Ohio and Kentucky to this point, which will connect
the Chesapeake and Ohio with the entire
Railroad systems Of the West and South
west. and with the Pacific Railroad.
NEUTRALITY-SUSPICIOUS. and superior advantages
will place the CHESAPEAKE AND OHIO RAILROAD
COMPANY among the richest and most powerful and
trustworthy corporations Of the country; and
there exists u present value, I'm completed
read and work done, equal to the entire
amount of the mortgage.
The details OF the Loan have been arranged with
Wants OF classes OF invest
ors and combine the various features Of convenience
safety and protection against loss or fraud.
The Bonds are in denominations Of
$1,000, $500, and 800.
They will be issued as COUPON BONDS, payable to
Bearer. and may be held in that form; or
The Bond may be registered in the name of the
owner, with the coupons remaining payable to bear
er attached the principal being then transferable
only on the books Of the Company, unless re-asssn-
ed to bearer; or
The coupons may be detached and cancelled, the
Bond made permanent Registered Bond, transfer
able only on the books of theCompany and the inter-
est made payable only to the registered owner or his
attorney.
Three classes will be known respectively as: