The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1870-04-22

FIRST MORTGAGE BONDS
OF THE
Chesapeake and Ohio Rail-
: road Company.
I THE CHESAPEAKE AND OHIO RAILROAD,
connecting the Atlantic coast and the mag
nihcent harbOrS ofthe Chesapeake Bay with
the Ohio River al point OF reliable navt-
/ CATION, and thus, with the entire Railroad
system and water transportation ofthe great
West and Southwest, forms the nGidi-
| tiOnaI East and West Trunk Line,
50 impcratively demanded for the accom-
mediation OF the immense and rapidly
growing transportation between the Allan
/ Tie scaboard 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 Hs u
new outlet from theINest Ia the Sc"
magnifics ii into one of national conSc-
quencc, and nSures To II an extensive
I through traffic from the day OF its compile
| ton; while, in the development OF the ex-
! tenSivc agricultural and mineral resources
of Virginia and West Virginia, 1t possesses
ullllR llN wv IL llllts llt VI ~
and profitable local business.
Thus the great interests, both general and
| local, which demand the completion OF the
CHESAPEAKE AND ONO RAILROAD to the
Ohio River, afford the Surest guarantee Of
| its success and value, and render IL the
most important and substantial
Railroad enterprise now i'm progress
i'm this Country.
Its superiority as an East and West route,
and the promise of an immense and profit
able trade awaiting its completion, have
drawn to 1t the attention and cooperation
OF prominent Capitalists and Railroad men
of this City of sound judgment and known
integrity, whose connection with IL, togcth-
or with that of eminent citizens and bust
ness men of Virginia and West Virginia,
insureS an energetic, honorable and
successful 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 par
! TALLY constructed TO be completed, 10 carry
! II to the proposed terminus on the Ohio
ilNNl vi AlN vi DIX
dy river, 80 miles above Cincinnati, and $50
miles below Pittsburgh.
Lines are now projected or in progress
through Ohio and Kentucky To this point,
which will connect the Chesapeake and
| Ohio with the entire Railroad sys-
TENS Of the West and Southwest. and
with the Pacific Railroad.
valuable aud snp.rG,r nj
vantages will place the CHESAPEAKE AND
OHIO RAILROAD COMPANY among the rich
est and most powerful and trustworthy cor
poratiOns Ofthe country; and there exists
present value I'm completed road
and work done equal TO the entire
amount Of the mortgage.
The details Of the Loan have been arrnng-
ed with special reference to the wants OF all
classes of investors, and combine the va
rious features iof 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 BONDS
PAYABLE TO BEARER, and may be held in
that form; or
The Bond may be REGISTERED I'm the
name Of the owner, with the coupons re-
manning payable to bearer attached, the
PRINCIPAL being then transferable only on
the books Of the Company, unless re-assign-
ed to bearer or
The coupons may be detached and can
celcd, the Bond made a PERMANENT REG
IsTERED BOND, transferable only on the
books Of the Company, and the interest
made payable only to the registered owner
or his attorney.
The three classes will be known respect
lively as:
LIST. Coupon bonds payable 10
Bearer
I'd. Registered Bonds with Cou-
pOns attached
3d. "RegiStered Bonds with Com.
pOnS detached" and should De 40 dasig-
mated by Correspondents in specifying the
class OF Bonds desired.
They have Thirty Years to run from
January u, 1870, with interest Mt six per
cent per nnnum from November /, 1889.
PRINCIPAL AND INTEREST PAYABLE IN
GOLD IN THE CITY OF NEW YORK.
The interest IS payable I'm MAY and No
VENEER, that It may take the place OF the
earlier issue 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
investments, TO have their interest receiya-
bic at different seasons Of the year.
The Loan IL secured by mortgage upon
the entire Line Of the Road from Richmond
to the Ohio River, with the equipment and
all other property and appurtenances con-
nected Herewith.
\ SINKING FUND or 100000 PER ASHrM
Is PROVIDED FOR THE REDEMPTION OF THE
Bonds, TO TAKE EFFECT ONE YEAH AFTER
THE COMPLETION or THE ROAD.
The mortgage is for sl5,OOO,OOO, Of which
100000 will he reserved and held I'm trust
for the redemption Of outstanding Bonds Of
the VIRGINIA CENTRAL RAILROAD Con-
PANY, now merged into the CHEsAPEAKE
AND ONO
OF the remaining sI3,OO0,OO, sufficient
amount will be sold to complete the road
to the Ohio river, perfect and improve the
portion now in operation, and thoroughly
equip the whole for a large and active traffic. |
The present price Is " and accrued interest. |
a Loan so amply secured, 10 carefully
guarded, and 80 certain hereafter 10 cum |
mand a prominent place among the fayorite
securities in the markets, both ofthis Conn. |
Try and Europe, will be at once appreciated
and quickly absorbed.
Very respectfully,
FISK A HATCH