New-York tribune., 1870-12-05
$2,825,OOO
FIRST MORTGAGE
SINKING FUND BONDS,
Interest at 8 per cent in Currency, or
I Der cent in Gold,


Al option the holder secured by s mortgage at the rate OF
per mile upon line Of road from the City Of
Weem boundary Of Louisiana distance OF 220
miles, direction Of Houston TeIs the same being The Louis
lana Division the railroad Of TIIB NEWORLKANS MOBLE AND
CHATTANOOGA RAILROAD COMPANY extending from the C oi
Mobile. Aabama 10 the City Of Houston Tera distance Of 475
miles. These bonds payable forty yars from their date ana e
mortgage made to Hon OAkES AbS and Hon h. d.
MORGAN Trustees upon Louisiana Division Of the road with the
equrnnt real estate franchises pertaining thereto The principal
of the bonds payable NwYork in currency in London In ser
ling al the rate Of each 81 O the interest is payable 10 jan
usy aud July each at the rate Of dgh per e IN currency IN
NewYork the Of 81 for each d forty dollars In
London option holder in all cases. and pee Q United states
Government By Of the mortgage Sinking Fund pro-
vde paid Trustees and invested by them on 10 these
bonds sufficient pay the whole amount Of the bonds At their maturity
The Mobile Division Of the COmpanys road extending from New
Orleans Mobile has been constructed and equipped IN the ve best
manner and now opened for traffic The the Texas Division,
extending the boundary Of Louisiana 70 the CITY Of Houston
will be opened for traffic in few months The Louisiana Division upon
which the mortgage securing th bonds made nov being con-
ruct and the first section Of sixty miles will be opened for tne early
January; Company expect 6us the whole division in about
months thereafter The prompt completion Of this division Of the
road amply BY Of the Company which apPh
cable to the construction and equipment thereof yil:
Cash Subscription by St ekholiers % per
Of which has been paid, and balance 70 be paid
at nate Of per cent each month. s2OOoOoo
per cent Bonds Of the State Of Louiasua. DO
mated by the State to the Company for this
Division OF it, 225oCoo
Second mortgage per cent Bonds principal
and interest guaranteed by the State Of Lolisi-
2.s25Oo
,Os0,O0O
First Mortgage y per cent. Bonds
offered for 2,S25,O0O
lotal..... ,oOO,COO
The above being soey for The
division Of the Companys road amply IL prompt completion
aHd ents 10 first Orage bonds 10 b, oonsed Of ne
and dsratk securities oGsrd safe n m7st This
road is owned by Company Of capitalists who lave furnished all The
the divisions Of the without offering the public
any It's securities and. under whose supervision the line being
ctcd and QupIo m the most thorough manner and When completed
and equipment will compare hvoby with that Of other
United The Of the road amply ei By
large ALREADY existing between tie ets upon It's lne aud from
country which will he tributary 70 It,
COMPANY these bonds for sale at nnety-two and onc-
half per accrued interest recommending them to investors
unloubed security in every respect
Ccuar with maps Of the line Of the road and fu particulars cor
oeuing it, furnished application 70 the Treasurer Of he Company
s Office, No. 81 Pnc-sf
JAMES f. RAYNOR. President; JOHN f. GRISWOLD, Vhi
President; LOCKWOOD h. DOTY Treasurer
EDWIN ID. MORGAN, Chairman.) Fiunrre
OAK A1iES. y a..
HENRY j. GARDNER, NO"
EeW-Yok. November 1870.