The sun. [volume] (New York [N.Y.]) 1833-1916, 1870-09-22
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VNHR EsTA ADJUSTMENT or THR
SECURITY BANK
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" HHhmIHt -
T'nE EsTA BLIsaMsST or rnR
SECURITY BANK
OF the
CITY OF NEW YORK
having proved a decidod .sooc.., 1t h. been unsni-
mously resolved BY the Board OF Directors to
DOUBLE THE CAPITAL STOCK.
Tin accordance with provisions OF the Chsrtor) In
der TO meet the increasing business OF the }, nix.
Subscription Book Is ordered to DO opened on tho
FItisT DAY OF OCTOBER. 1870 at tho Banking House.
$40 BROADWAY.
over $4,000 OF tho New Stock 10 already taken.
Frends OF the Dsnk desiring to obtain the shares at
par, should make application At once. Payments OF 10
per cent. OF tbs amount subscribed may DO made on
lively and tho balance " per oeot on tbs 10th dsy Of
January, 1871.
WITH A PAlDUP CAPITAL OF
$4,000.
which be further increased as business requires to
the limit Of
ONE MILLION
The President and Directors have confidence In onor.
ing TO the public tho facilities Of their Institution
State and National Banks. Private Bankers. Savings
Banks. Trust Companies. Insurance Companies. Rail.
road. Manufacturing. and other Corporations Exocu.
tors OF Estates. Trustees, Public oncos. and all VIII,
have trust moneys. who act 10 any uducIary oapa
city whether they 1.-Two In New York or eisewhsro arc
invited TO open sooounh with tho SECURITY BANK
OF TIE CITY OF NEW YORK. BY letter or In PEE
son. Business PAPER Discounted for MERCHANTS aud
DEPoslroRs ai seven per cent. per snnum. GOLD
Accounts kept Fiscal Agencies OF States Municpall
ties. and Corporations accepted.
JOSEPH U. ORvIs. President.
BENJAMIN H. DEwEY. Cashier.
No. SIS Broadway. New York, Sept 20. 1870.
Tns
FIRST MORTGAGE BONDS
TRUNK RAILROAD
NEW YORK STATE.
PAytso
SEVEN PER CENT IN GOLD,
ARE OFFERED AT PAR
THE NEw YORK AND OSwEGO MIDLAND
RAILROAD. which will be eco miles In It's total length
fcm New York 10 oswego. including the Auburn
branch. has ncariy
200 MILES or ROAD ALREADY COMPLETED AND
AND ~ PROFITABLE oPERATIoN
the citv Of 0swego, and interfering the Albany
ana Susquehanna Railroad at sidney Plains Work
- being vigorously pushed on other portions OF
the line and Is the expectation OF the Company
to have al least 100 miles more In operation before
the close OF the present season.
THH LOCAL BUSINESS
Is already large. and tho Company has Just concluded
acontract with tao Delaware ana Hudson Canal Com.
ptnj for transporting tho coat OF that rye and wealthy
corporaton to the nortacrn sections oil tn. State.
Tbs will add 90 largely the business and pronts OF
that secuou OF the road already controlling the local
raic OF one OF the popuious and fertile disric
OF the state that Its NET earnings without the ala OF
through business. car hardly be less than per cet
on Its entire cos which 100 per cent In OF the
interest on It's bonds.
AsTToSa POINT
in regard to these bonds IL the fact that the issue I,
strictly limited I, $4,000 pcr mo OF finished roat and
BEHIND Til. BONDS Is
A rAID.UP CAPITAL OF NEARLY $4,000.
which affords ample OF the financial strength
OF the Company.
THR poNDs
They are ssu"i In denominations OF 81, oo1 may no
cther coupon or registered. At tho option ,fthc pur
cha,ee tear seven Ter cent gold interest free Of In
come tax, payable on tho ist OF January aud july ia
New York city, and have TWENTY-FIVE wears TO iun to
maturity.
The popularity n these bonds as a perfectly safe
security, bearing the rshc4, rate OF interest author
izod by the laws OF New YORK, payable IN vol co IL,
fec OF Government tax has kent the tunply nearly
exhausted but tho recent and ea,ly future completion
OF additional sections will for time furnish ioeral
supriy. 10 which We respectfully invite the attention
of inycstors in the confident belief taat no better re.
curly can be found ON the market.
rrlcc, TAR and accrued interest In currency. Coz.
ornaments aud other curtenI securities taken ia cx
change.
GEORGE orDYKE 4 CO..
Bankers, IS Na'sarst
NOR ,AIE-lOPER JEST TOWN A ID COUNrl