The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1870-04-09
MISCELLANEOUS.

MlSCEAXAN EOOSs
Office of FISK & HATCH,
BANKERS AND DEALERS IN GOVERN
MENT SECURITIES.
| No. 6NAssAu TREET, NEw-YoRK.
February 18th, 1870.
The 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 CT
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 the most suitable, safe and ad-
vantageous form of investment, yielding more lib
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 a great
public want, and rendering valuable service
both to the holders of Capital and to those great
National works Of internal improvement whose in
trnsic merit aud substantial character entitle them
10 the of Capital and the confidence of investors
we now offer with special confidence and satsfae-
ton the
FIRST MORTGAGE BONDS
Chesapeake and Ohio Railroad Company.
The Chesapeake and Ohio Railroad, connecting the
Atlantic coast and the magnificent harbors Of Q
Chesapeake Bay with the Ohio River at point OF re-
liable navigation and thus with the entire Railroad
system snd water transportation Of the great West
and Southwest. fsrms the addiaisnal East
and West Trunk Line. so imperatively de-
manded for the accommodation of the immense and
rapidly-growing transportation between the Allan
tic sea-bcard and Europe on the one hand, and the
great producing regions of the OHIO and Mississippi
Valleys on the other l
The Importance Of this Road ne q new
outlet from the West to the sen magnifies it
into one of national consequence and insures 1t an
extensive through traffic from the day OF its compile
ton; lille, in the development of the extensive ag-
ricultural and mineral resources OF Virginia and
West-vrgina, 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 cHEs1pEAKE
AND ONO RAILROAD to the Ohio River, afford the
surest guarantee OF its success and value and rem
der Ii the NEST Important and substantial
Railroad enterprise now i'm progress in
this Country.
Its superiority as 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 Viz
ginia and west-vrginia, insares an energetic,
honorable, and saccessfal management.
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 it to the proposed terminus on the Ohio
river at OF near, the mouth OF the Big Sandy river
$50 miles above Cincinnati, $50 miles below Pitts
burg. 4-.5s ..l NJ. .ssa.J "a
Lines are now projected or in progress through
Ohio and Kentucky to this point. which will connect
the Chesapeake and Ohis with the entire
8sslfeaA sysse1as ~ the West and South
west. and with The PaeiAc Rsilrsas.
Its valuable franchises and superior advantages
will place the CHESAPEAKE AND ONO RAILROAD
O~-~ >~>>>~A8 AsSASSe
trustworthy corporations Of the country; and
there exists . prcacnf value, In csmplesed
read and work done, equal 70 the entire
amount Of the mortgage.
The details OF the Loan have been arranged with
special reference to the wants Of all 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 BoEDs, payable to
Bearer. and may be held in that form; OF
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, unlets re-asssn-
ed to bearer; or I'd
The coupons may be detached and cancelled, the
Bond made permanent Registered Bond, transfer
able only the books of theCompany and the inter-
est made payable only the registered owner or his
attorney. rt 4I.YT
Three classes will be known respectively as:
1ss. "Csupen Bends payable 70
Bearer.n uer .a ,-t
Dad. "Regisserea Bends with Coupons
attached.o
Sd. "Resisseted Benas with Coupons
detached" and should be 80 designated by cor
respondents in specifying the class of Bonds desired
They have ihi,ty years to run from January Is,
1870, with interest at SIX per cent per annum from
November l. 1ses Principal and Int, est payable In
GOLD In the City Of New York. e-s.r
The interest is payable in MAY snd NOVEMBER,
that 1t may take the place Of that OF the earlier Is
sues Of Five -Twenties and suit the convenience OF
our friends who already hold Central and Western
Pacific Bonds, with interest payable in January and
July, and who may desire, in making additional In
to have their interest receivable at differ
emit seasons of the year.
The Loan is secured by mortgage upon the en-