The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1870-04-16
SUCCESSFUL MANAGEMENT.

The roed Is completed and In operation from
Richmond to the celebrated White Sulphur Springs
Of West Virginia. 227 miles. and there remain but
200 miles tnow partially constructcd) to be COM
pleted TO carry IL to the proposed terminus on the
Ohio river at or near the mouth Of tho Big Sandy
river, $50 miles above Cincinnati, and $50 miles
below Pittsburg.
Lines are now projected or In progress through
Ohio and Kentucky to this point, which win con.
meet the Chesapeake and Ohio with the entire rail-
road systems of the West and Southwest, and with
the Pacific railroad. .-I ....
Its valuable franchises and superior advantages
will place the CHESAPEAKE AND OHIO
RAILROAD COMPANY among the richest and
most powerful and trustworthy corporations Of
the country: and there exists a. present value. in
completed road and work done, equal 10 the entire
amount Of the mortgage.
The details Of the loan have been arranged with
special reference to the wants Of all classes Of In.
yestors, and combine the various features Of con-
venience, safety, and protection against loss or
fraud " -ss
Il III
$1,000, $500, aud 800.
They will be issued as Coupon Bonds, payable
to bearer, and may be held in that form or
The Bond may be registered in the name Of the
owner, with the coupons remaining payable to
bearer attached the principal being then transfer.
able only on the books OF the company, unless re-
assigned to bearer or
The Coupons may be detached and cancelled, the
Bond made permanent Registered Bond, trans
ferable 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 respectively IS
LIST. Coupon Bonds payable to bearer"
I'd. Registered Bonds with Coupons attached"
Sd. Registered Bonds with Coupons detach-
ed" should be so designated by correspondents In
specifying the class Of Bonds desired
They have thirty years to run from January Is,
1870 with interest at six per cent. per annum from
November !, 1859. Principal and interest pays-
BILE in gold in the city OF New York.
The interest is payable in May and November
Issues Of Five-Twenties, and suit the convenience
Of our friends who already hold Central and West
ern Pacific bonds, with interest payable IN Jauu-
airy and July, and who may desire, In making ad-
ditional investments, to have their interest re-
ceiyable at different seasons Of the year.
The loan is secured by mortgage upon the en-.
tire line Of road from Richmond to the Ohio river,
with the equipment and al other property and
appurtenances connected herewith.
A sinking fund Of $40, 900 per annum Is provided
year after the completion OF the road.
The mortgage Is for 4ls, 900 ,ooo Of which g. co.,
900 will be reserved and held IN trust for there
demption Of outstanding bonds Of tho Virginia
Central Railroad Company. now n,sfgad Ia tho
Chesapeake aud Ohio.
ofthe remaining 81, 100000, c sufficient amount
will DO sold to complete tho road to the Ohio river.
parSect and improve tho portion now In oparsssoa,
and thoroughly equip the whole for large aad
active trasne. ......,.-
The presen: price IL % snd accrued interest.
loan 90 amply secured, 50 carefully guarded,
and so certain hereafter to command prominent
place among the fayorite securities In The mar
kets, both Of this country and Europe, win BE- .,
once appreciated and quickly absorbed.
7 ycryrespectfaily, S. & "
FISK HATCH, Bankers.
p. s.-we hsvs issued psmphlcts containing
FUN particulars, sts.isticsl details. maps. sse,
witch Win be furnished npoa application.
We buy and sen Government Bonds, and receive
the Accounts OF Banks Banksrs, Corporations,
and others, subject to check at Sigh. and allow in
terest on daaly balances.
DAVENPORT 3 CO., Stock Brokers
No. noa Main street, and
q. II. MAURY q co., No. 1914 Main street,
Richmond Agents for sale OF
20 ss-s&wam Boads u yEs.aia,