The Portland daily press., 1870-04-08
MISCELLANEOUS.
Office of FISK & HATCH,
AND DEALERS IN GOVERN
MENT SECURITIES.

orably'manased Railroads are promptly recognized
and readily taken the most suitable, sale and adj.
vantageous form of investment, yielding mora ,ib.
eral income than can hereafter be derived from
Government Bonds, and available to take thei,
place.
Assured that in the selection and negotiation O.
superior Railroad Loans, We are meeting a grea,
public want, and rendering valuable service
both to the holders of Capital and to those great
National works of internal improvement whose in
trinsc merit and substantial character entitle them
to the use of Capital and the confidence Of investor,
I'VE now offer with special confidence and sat'sfac
tion the
FIRST MORTGAGE BONDS
Chesapeake and Ohio Railroad Company
The Chesapeake and Ohio Railroad, connecting thu
Atlantic coast and the magnificent harbors OF t ,
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 wss
and Southwest, fsrAs she sAASalsn.l Rss,
and West Trunk Line. SO imperatively de.
manded tor the accommodation OF the immense and
rapidly-growing 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 impsr tance Of this Read M n new
outlet from the West to the sea magniAes it
into one of national and nsures to It an
extensive through trahc from the day OF its compile
ton; WHILE in the development of the extensive az
ricultural and mineral resources of Virginia and
west-virgna, 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 CHFsxpEAkr
AND ONO RAILROAD to the Ohio River, afford the
surest guarantee OF its success and value and rem
der 1t the nsss 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
ginia and west-vreinia, insures q. enersesre.
honorable. and saccessfal management.
The Road is completed and in operation from
Richmond to the celebrated White Sulphur Springs
of 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, or 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 anA Ohie with the entire
Railroad syssens u the West and South
west. snd with the PaeiAc Railrsad.
Its valuable franchises and superior advantages
Will place the CHESAPEAKE AND ONO RAILROAD
COMPANY among the richest and most powerful and
Trustworthy corporations Of the country; and
there exists . present value, In completed
read and work done, equal to The entire
amount Of sAe 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
safety and protection against loss or maud.
The Bonds are in denominations Of
$1,000, $500, and S1oo.
They will be issued as Courox BONDS, payable 10
Bearer. and may be held in that form; or
The Bond may be reg;ssered 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 rs-aaen-
ed to bearer; or -f-
The coupons may be detached and cancelled, the
Bond made . permanent Registered Bond, transfer
able only on the books Of and the inter-
est made payable only to the registered owner or his
attorney.
Three classes will be known respectively as:
1ss. "Ceupen Bends payable 70
Bearsr.0
2na. s'Regiaserea Bends with Coupons
astached.n
Sd. ssResisteted Bends wiki Csup~ns
ae'ached," and should be so designated by COZ.
respondents In specifying the class Of Bonds desired
They have ihilty years to run from January Is,
1870, with interest at six Per cent Der annum from
November 1, 1869, Principal and Int, est payable I.
GOLD IN the CITY Of NeV York.
The interest is payable in MAY and NOVEMBER,
that it may take the place of that OF the earlier Is
sues Of Five -Twentes 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 maias additional in
vssments to have their interest receivable at differ.
ent seasons Of the year.
The Loan Is 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.
A Sinking Fund Of 100000 per a.nsm 10 pro-
sid dior the redemption Of the Bosds, to take eject
one year after the completion Of the road
The mortgage is for SIS ooo of which 81. 900
will be reserved and held in trust for the redsmp-
ton OF outstanding Bonds of the Virginia Central
Railroad Company, now merged in the CnEsA-
PKAKE AND OHIO.
OF the remaining $4,000, 900. sufacient amount
will be sold to complete the road to the Ohio river
perfect and improv the portion now in operation
and thoroughly equip the whole for large and &C.
tive traffic.
The present price is 90 and accrued intsrest