Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1870-03-22
FIRST MORTGAGE BONDS
Chcsapeake and Ohio Railroad Co,

with the entire Railroad syatem and water
TRANSFORMATION oftho great West and Southwest,
FERNS the additional East and West
Trunk Line, so imperatlvely demanded Tor
the accommodation of the immense end rapidly
growing transportation between the Atlantic
seaboard end Europe on tho one hand, and the
great producing regions of the Ohio and Mis-.
sissippi Valleys on the other.
The importance OF this Road as Il
new 0atIet from the West 10 the sea
magniGcs it into one Of national consequence,
and insurcs TO it IN extensive through traffic
from the day Of lis completion while, in the
developement of the extensive agricultural and
mineral resources of Virginia ard West Vir-
gln;a, it possesses, along its W lire, the ele-
ments Of y large and profitable local business.
Thus the great interests, both general and TO-
cal, which demand the completion o! The CHEs-
ApEAKE AND ONO RAILROAD to the Ohio Xiv
er, afford the surest guarantee Of its success ana
value, and render it the most important
and substantial Railroad enterprise
now IN progress i'll this country.
It's superiority as an East and West route,
and the promise Of IN immense and profitable
trade awaiting its completion, have drawn to 1t
the attention and cooperation OF prominent
Capitalists and Rail- Dad men Of this City, OF
sound Judgment and known integrity, Whose
connection with it, together with that OF seml-
ncnt citizens snd business men of Virginia and
Wea! Virginia, insures al energetic,
honorable and successful manage.
meni.
The Road is completed and in operation from
Richmond to tho celebrated White Sulphur
Springs of West Virginia, 22T miles, and there
remain but 200 miles (now partially construct
ed TO be completed, TO carry i. to tho proposed
terminus on the Ohio river ut, or near, the
mouth Of the Big Sandy River, $50 miles above
Cincinnati, and $50 miles below Pittahurg.
Lines are nov projected or in progress
through Ohio end Kentucky t" this point
which will connect the Chesapeake and ONO
with the entire liail, Dad systems Of the West
and Southwest, and with tho Pacific Railroad.
lis valuable franchises and superior advHn-
| tages will place the CHESAPEAKE AND OHIO
RAILROAD CoMPANT among the richest ana
| most powerful and trustworthy corporations OF
the country; and there exists q present value,
in completed road and work done, equal 10 ne
| ontire amount Of the mortgage.
The details OF the Loan havn been arranged
with special 1cierenc. to the wants Of all classes
O. investOrs; and combine tho various features
OF convenience, safety and protection against
loss or fraud.
Tho Bonds arc III denominations OF
$1,000, $500 and $i00.
They will be issued rs Coupon Bonas, paya5Ir
10 Bearer, and may DO held in that form or
Tho Bond may be registered in tho name OF
the owner, with the coupons remaining payable
to bearer attached. the principal being then
Transferable only on the books OF the Company
unless rcassigned to bearer; or
The coupons may be detached and cancHllcd'
tho Bond m.do 2 permanent Registered Bona,
transferable only On the books CT the Company
nad the interest made payable only - tho re-
gistered owner or his attorney.
Tho three classes will DO known respectively
as
l:t. "UOUPON BONDS PAYABLE TO
BEARER"
I'd "HEGIsTERED BONDS WITH COU-
PONS ATTACHED"
81. "EEGISTERED BONDS WITH iOU-
PONS DETACHED" and should be 50 dcsis
y ated by Correspondents il specifying ihcr!ass
OF Bonds de 1rcd.
They have THIRTY YEARS to run from
January Is 1870, with interest al SIX per cent
ncr annum from November |, 1909. FiISci
pA AND INTEREST PATABLH IN GOLD in Tho
city Of Ne~ York.
The interest is r.ynb:n in MY and NoVEM.
RgK. tha. i. may takn the place ot tHst Of TIC
earlier issues Of Flve.Twcnlie5, ANA SUIT tao
convenience Of GU: friends whr nlr":ly hp!d
Central and Western Pacific Bond, with inter
Of papnnlc in january art July, ard who
may desire, in making additional investments,
70 hayc their interest receivable Mt different scs-
sons Of tue year.
Tie Loan is secured by Il mortgage upon me
art;-n Line Of Ro ui from Richmond TO III" OHIO
Rivnr. with the equipment ana All other prop
crtv and nppurtcnuuces connected thcrewlth.
4 SINKING FunI Of 800 COS per Hnnuln is
nroyidcd for tho redemption of thn Bonds, 10
take effect ono ye,.r after the completion OF the
Road.
Tho mortgage j. fpr $1,000 90, Of which
| s2.Gm UO viii be reserved and acid in trust for
the REDEMPTION % outstanding Bonds of the
| Tirqinia Csntroi Ra;Iroaa Company row
merged in the C~HEsAPEAKE y ONO.
~ me remaining sl3, UCQ,0 eco. y sufficient
amount ~ ~ vii BE- sold 10 complete the road to the
| Ohio river, perfect ana improve the portion
| now in operation, and thoroughly equip the
whole for a large and active traffic.
The present price is 80 and accrued interest.
A Losn so amply secured So carefully guard
ed, and 80 certaln hereafter 10 ommsrd "
prominent place among the ravoritc securities
in tho markets, both OF this Country ana r. ~,
rope, will be ut once appreciated ana """"
absorbed Very respectfully,
'Tsk e. HATCH. Eanh'f'
S.-We have issued pamphlets 49,. a'n
49, -4.,;t;opj .,tnIac sap-, 's''' |