The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1870-03-22
MISCELLANEOUS.
Office of FISK & HATCH.
AND DEALERS IN GOVERN
MENT SECURITIES.

BANKERS AND DEALERS IN GOVERN
MENT SECURITIES.
No. NASSAU TREET, NEw-YoRK
February 18th, 1870.
The remarkable success which attended our nan,
taton of the Loans of the CENTRAL PAorp,o R.r
ROAD COMPANY and the WESTERN PAc,p,c
ROAD COMPANY, and the popularity and or
which these Loans have maintained in the markets
both in this country and Europe, have shown tina
the FIRST Mortgage Bonds Of wiselylocated and hon
orably' managed Railroads are promptly recognized
and readily taken the most suitable. safe and ad.
vantageous form of investment, yielding more lib
eral income than can hereafter be derived from
Government Bonds, and available to take their
place.
Assured that, In the selection and neootiation of
superior Railroad Loans, we are meeting great
public want, and rendering valuable service
both to the holders of Capital and to those great
National works of internal improvement whose in
trnsc merit and substantial character enttle them
to the use of Capital and the confidence OF investors
we now offer with special confidence and satisfac
ton the
FIRST MORTGAGE BONDS
OF THE
Uhesapeaks and Ohio Railroad Company.
The Chesapeake and Ohio Railroad, connecting the
Atlantic coast and the magnificent harbors OF the
Chesapeake Bay with the Ohio River at point OF re-
liable navigation, and thus, with the entire Railroad
system End water transportation of the great West
and West Trunk Line, so imperatively de-
manded for the accommodation of the immense and
rapidly-growing transportation between the Allan
tic sea-bcard and Europe on the one hand, and the
great producing regions of the Ohio and Mississippi
Valleys on the other.
outlet from the West to the sen magnifes it
into of national consequence and insures to 1t an
extensive through traffic from the day OF its compile
tom WHILE in the development of the extensive ag-
ricnltufal and mineral resources OF Virginia and
West-Virginia, it possesses along its own line, the
elements of a large and profitable local business.
Thus the great interests, both general and local
which demand the completion of the CnEsHPEAKE
AND ONO RAILROAD to the Ohio River, afford the
surest guarantee OF its success and value and rem
der 1t the most important and substnnliaI
Railroad enterprise now 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 Vir-
ginia and West-Virginia, insures nm energetic,
honorable, and successful manas ement.
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 constructed) to be compile
ted to carry it to the proposed terminus on the Ohio
river at, 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 and Ohio with the entire
Railroad sysiems Of tho Went snd South
west. and with the Pacific Railroad.
Its valuable franchises and superior advantages
Will place the -GHssAPEAKE AND OHIO RAILROAD
COMPANY among the richest and most powerful and
trustworthy corporations of the country: and
there exists a present value, In conn le,ed
read and work done, equal to the entire
amount of the 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 convenience
safety and protection against loss OF fraud.
The Bonds are in denominations of
$1,000, $500, and 800.
They will be issued as COUPON BosDs, payable to
Bearer. and may be held in that form; OF
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 re.assipn
ed to bearer; or
The coupons may be detached and cancelled. the
Bond made permanent Registered Bond, transfer
able only on the books of theCompany and the inter-
est made payable only to the registered owner or his
attorney
Three classes will be known respectively as:
1st. "Coupon Bonds payable .
Bearer.o
End. "Registered Bonds with Coupons
0ttached.o
I'D. "Resisteted Bonds with Coupons
deta ched," and should be so designated by corr
respondents in specifying the class of Bonds desired
Ihey have thtHty years to run from January Is,
1870, with interest at six per cent per annum from
November 1869, Principal and Int, est payable In
GOLD in the City Of Ne,o York.
The interest is payable in MAY and NOVEMBER,
that may take the place of that OF the earlier is.
sues Of ive-Twenties, and suit the convenience OF