Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1870-07-14

The bonds are in den ominations Of 81, coo each
secured by first mortgage on POS miles Of road,
from indianapolis, the largest city and most i'm
portant railroad centre in the State OF Indiana,
to the city OF Pekin in Illinois.
ONE HUNDRED AND EIGHTY MILES of
the Line are now III FULL OPERATION, and
equipped with New, First-Class Rolling Stock,
consisting Of Is Locomotives, % Passenger
Coaches; IL Baggage and Express Cars $50 Box
Stock and Coal Cars, and more will be added as
the wants OF the road require. The earnings are
already greatly in excess OF the interest on the
whole issue of Bonds. The balance twenty-five
miles of the division in Indiana, is nearly all
graded, with all the Iron on hand, and will be
completed without delay.
There are Thi1ty-six depots on the line, Locat-
ed in Cities and Towns that contain in the Ag-
gregate, Population of One Hundred and Ninety
Thousand averaging over 800 to each square mile,
within radius of half mile of the track; and
within twenty miles of the track, there is pop
ulaGon of about six hundred thousand.
| 1t passes through the counties Of Marion, Hen
bricks, Montgomery, Fountain, Warren and Yer
million, in the State of Indiana, and Vernillion,
| Champaign, De Witt, Piatt, Mclean and Taze-
well Counties, in Illinois, on the line of the old
emigrant State road which was laid out in the
| best portion of those States before the time of
railroads, was then the main line OF Western
travel and consequently became more thlekly set
tied than other sections of the West, as the num-
erous cities large villages, and products of these
| counties demonstrate.
| Besides the large agricultural productions of
| THIS section, the manufacturing Interest Is very
extensive IN the large towns and is rapidly ncreas
ing e., o, .. .,..,...-
tensively and proftably worked, and FURNISH
BUSINESS FOR OVER THREE HUNDRED
| COAL CARS on this line at present, and MORE
THAN TWICE THAT NUMBER WILL BE
REQUIRED to carry coal on completion of the
| remaining link.
From the present earnings on $50 miles it is safe
| to assume that the LOCAL BUSINESS ALONE
! WILL BE AMPLE NOT ONLY TO PAY THE
| BONDED DEBT, BUT LARGE DIVIDENDS
| ON THE STOCK.
| In addition to the population and wealth of the
| country and all that is necessary to support a
tirst-class road and make it profitable invest
ment through local traffic. 1t forms a grand cen
trail trunk line FOR THROUGH BUSINESS
| UNSURPASSED BY AN Y ROAD OF EQUAL
| DENGTH IN THE WEST.
at indianapolis it connects by main lines with
the cities OF Columbus, Cleveland, PIttsburg,
| Cincinnati-an with the Pennsylvania Central,
| Baltimore and Ohio and other important railroad
lines. At Pekin, the Western terminus, connec-
/ lions are made with Peoria, Quincy, Keokuk,
Burlington and Omaha. AT bloomington, with
the Illinois Central Road, which runs northwest
600 miles to Fort Dodge, Iowa. A very large bus
mess will be done with this line At DanviIle it
connects by rail- with Toledo ON Lake Erle. A
map will show all these TO be very important con-
nectlons IN making through lines over this route.
The Loan Is placed beyond any contingency by
| the Present Earnings from Local Traffic on one
| Hundred and Eighty Miles, which must Ieces-
Sarily be doubled when the trains run through.
| Inc BOndS are SOnNelJlDlS at Ile OpIlOn Ol lllS
holder into stock at par at any time, which adds
greatly to their value. They may be registered
at the Farmers Loan and Trust Company if de-
sired.
COUPONS PAYABLE APRIL & OCTOBER,
| FREE OF TAX.
! TOTAL ISSUE $, 900, OOO-s2, 600, 900 of which
are placed in trust with the Farmers Loan and
| Trust Company to rede EN- and cancel 100000
bonds issued TO the Danville, Urbana, Blooming
ton and Pekin Railroad, now merged iuto this
read, making the Loan only 100000 OVER
| HALF OF WHICH HAS BEEN SOLD IN
| EUROPE AND THIS MARKET. The balance
We offer at 80 and ACCRUED INTEREST. At
this low price the Bonds, being so amply secured,
will be quickly marketed.
We have been thoroughly posted in regard to
the road from the start, have closely inspected 1t
from time TO time during construction, and being
familiar with the wealth and Resources VI the
country, the responsibility and integrity of The
officers and directors OF the company and the pres
earnings OF the road, it is with pleasure that
| WE RECOMMEND TIE BONDS AS ONE OF
! THE CHEApESC AND SAFEST INVEST
MENrS IN THE MARKET, sure OF nigh
standard among the best railroad securities the
country.
All marketable securities received i'll exchange
! at market rates. Bonds delivered to AL points.
FREE OF EXPRESS CHARGES.