Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1870-08-04

The bonds are in denominations of 81 600 each
| secured by first mortgage on 205 miles OF road,
from Indianapolis, the largest city ana most IN
portant railroad centre IN the State OF 1ndlana'
| to the city Of Pekin IN Illinois.
ONE HUNDRED AND EIGHTY MILES of
| the Line are now in FULL OPERATION, and
| equipped with New, t1rst-Class Rolling Stocs,
consisting Of % Locomotives, 70 Passenger
| Coaches II Baggage and Express Cars; $50 Box
| Stock and Coal Cars, and more Will be added as
| the wants of the road require. TIE 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 Thirty-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 $40 to each square mile,
within radius OF half mile of the track; and
within twenty miles of the track, there is q pop
| ulaGion 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 FermlIllon,
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, then the main line OF western
travel, and consequently became more thlckly 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
|
extensive in the large towns and is rapidly lncreas-
| ing.
/ The coal mines at Danville on this line are ex-
| tensively and prottably 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
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, BUr LARGE DIVIDENDS
| On THE STOCK.
| In addition to the population and wealth of the
country and all that is necessary to support a
frst-cass road and make it profitable invest
ment through local traffic. 1t forms grand cen
tral trunk line FOR THROUGH BUSINESS
| NOT SURPASSED BY ANY ROAD OF EQUAL
DENGTH IN THE WEST.
| at Indianapolis 1t connects by main lines with
| the cities OF Columbus, Cleveland PIttsbuTg
| Cincinnati with the Pennsylvania Central,
Baltimore and Ohio and other important railroad
lines. At Pekin, the Western terminus. ""nnoe-
| tons are made with PeOTra, S2ulhcy' heoAuK'
| burlington and Omaha. AT bloomington, with
| the Illinois Central Road, which runs northwest
| GOO miles TO Fort Dodge, Iowa. A very large bus
mess Will be done with this line. At DanvlIle It
connects by rail with Toledo on Lake Erle. a
map wall show all these to be very important con-
/ nectlons III making through lines over this route.
The Loan is placed beyond any contingency by
/ the Present Earnings from Local ITathc on one
Hundred and Eighty Miles, which must peces-
| ssrlly be doubled when the trains run through.
The Bonds are Convertible at the option OF the
/
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 S, OOO, OOO-s2, GOO, 600 of which
are placed in trust with the Farmers Loan and
| Trust Company to red, EN- and cancel g., OO0,0O
| bonds issued to the DanvIlle UTbana, Blooming
ton and Pekin Railroad, now merged into tins
road, making the Loan only s3,Ou0,00O OVER
HALF OF WHICH HAS BEEN SOLD IN
| EUROPE AND THIS MARKET. The balance
We offer at 30 and ACCRUED INTEREST. At
this low price the Bonds, beng SO amply secured,
| will be quickly marketed.
| We have been thoroughly posted il regard to
the road from the start, have closely inspected It
from time 10 time during construction, and being
| familiar with the wealth and Resources OF the
country, the responsibility and integrity Of the
officers and directors OF the company and the pres
earnings OF the road, II is with pleasure that
! WE RECOMMEND TIE BONDS AS ONE OF
! THE CHEAPESr AND SAFEST INVEST
MENTS IN THE MARKET, sure Of = high
standard among the best railroad securities II the
country.
All marketable securities received in exchange
at market rates. Bonds delivered to all points.
FREE OF EXPRESS CHARGES.