The Portland daily press., 1870-03-30

| superior Railroad Loans, we are meeting . great
puohc 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 euttle them
to the use Of Capital and the confidence of investors
I'VE now offer with special confidence and satisfac-
| ton the
FIRST MORTGAGE BONDS
one'apeake and Ohio Railroad Company.
The Gssapeake and Ohio Railroad, connecting the
Atlantic coast and the magnificent harbors OF g
Chesapeake Bay with the Ohio River at point of
liable navigation, and thus, with the entire Railroad
systen end water transportation OF the great West
and Southwest, fsrMs the additional East
and West Trunk Line, 50 imperatively de-
mandsd tor the accommodation of the immense and
rapidly-growng transportation between the ATTAIN
tic sea-bcard 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 ~ . new
euslet from the West to the sen magniAes it
into one Of national and nsures to 1t an
extensive through traffic from the day OF its compile
tion while in the development of the extensive ag-
ricultural and mineral resources of virginia and
west-vireinia it possesses along its own limo, the
elements of large and profitable local business.
Thus the great interests, both general and local
which demand the completion of the CHrslpEAKE
AND ONO RAILROAD to the Ohio River, afford the
surest guarantee OF its success and value and rem
der IL the most Important and substantial
Railroad enterprise new In 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
gnia and West-virginia, insnrcs an enersesic,
honorable, and saeeessfal management.
The Road is completed and in operation from
Richmond to the celebrated White Sulphur Springs
Of west-virsinia, 227 miles, and there remain but
200 miles (now partially construced) to be compile
ted to carry it to the proposed terminus on the Ohio
river at or near the mouth OF the Big Sandy river
$50 miles above Cincinnati, $50 miles below Pitts
burg. q"
Lines are now projected or in progress through
Ohio and Kentucky to this point. which will connect
the Chesapeake and OAis - iih the entire
RailrssA sysaens Of The West ana ssush.
west. asa via he Paeiae Railrsaa.
Its vsiuaue uancntses and superior savsuysxvs
Will place the oHEsAPEAKE AND OHIO RAILROAD
COMPANY among the richest and most powerful and
trustworthy corporations Of the country: .,s
ssere exists present value, I'm cen, ple,ed
read and work asnc, equal to she entire
amount Of tho mortgage.
The details OF the Loan have been arranged with
special reference to the wants Of all classes OF invest
or and combine the various features Of
safety and protection against loss or fraud.
The Bonds are in denominations of
e1 $4,000, $500, and 800.
They will be issued Is COUPON BosDs, 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 reassien
The coupons may be detached and cancelled the
Bond made permanent Registered Bond, transfer
able only on the books Of and the inter-
eat made payable only to the registered owner or his
attorney. +4-..
Three classes will be known respectively a.:
1at. "Csapsn Bends payable .
Bearsr.O las v
E9nd. s'Rssissered Bends with Csup..,
attacked"
ID. ssResisseted Bends with Csupe>s
defachsa,'' and should be 70 designated BY cor
respondents in specifying the class of Bonds desired
They haveshirsy years to run from January Is,
1870, with interest at six per cent per annum from
November J. 1869. Princpas and Int, EFT payable IN
GOLD !" the CITY Of Nep York.
The interest is payable in MAY and NovzMsEa,
that may take the place of that OF the earlier H.
sues Of Five.Twenties and suit the convenience or
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
vsstments, to have their interest receivable at differ.
ent seasons Of the year.
The Loan ID secured by mortgage upon the en-
tire line Of road from Richmond to the Ohio River,
with the equipment and all other property and ap-
purtenances connected Herewith.
S1aAixs Fund Of $1oo, 900 per anxxm 10 pro-
v'd dior the rsdaeptios Of the Bosds, to tale eject
one year after the completion Of the road.
The mortgage 10 for SIS 900, Of which g. 900
Will be reserved and held in trust for the redsmp.