The Manchester journal. [volume] (Manchester, Vt.) 1861-current, 1870-03-08


the Chesapeake Bay with the Ohio River At point
of reliable navigation, and thus, with the entire
Railroad system aud water transportation q the
grea, West and Southwest, roElss rHE ADDITION
Al East ASp wrsr TRuSG laNE, 90 itnperAttyely
demanded f5rthe accommodation Of the immense
and rapidly growing transportation between the
Atlantic ssaboard and Europe On the one hand
and the great producing regions Of the Ohio and
Mississippi Valleys on the other.
TIM iEronrASeE or THIS Roam As SEw OUTLET
FRoM THE WIsr TO THE SKA magnihos it into one
Of national consequence, and insures to it an Ell
tensivo through traffic from the day o. its COM
pletion whilo, in the Development Of The oIton-
siye agricultural and IMMORAL resources Of Nir-
ginia and West Virginia, II possesses, along its
own hnc, the elements Of large and profitable
local business.
Thus the great interests, both general and lo-
cal, which demand the completion Of the CHEs-
LrEAKK ANB ONO RAILROAD to the Ohio River, AZ.
ford the surest guarantee Of its success and val
ue and RENDER IT IHE MOST IMPORTANT AND sun
srANrAE RAmRoAD ENTERPRISE now IN PROGRESS
IN THIS CouSTRY.
It's superiority as an East and West route, and
the promise of an immense and profitable trade
awaiting its complication, have drawn to it the
attention and cooperation Of prominent Capital
lists and Railroad meno Of this City OF sound judg.
mcnt and known integrity, whose connection
with it, together with that Of eminent citizens and
business men Of Virginia and West Virginia, IN
suREs AN ENERGETIC, HONORABLE, AND SUCCESSFUL
MANAGEMENT.
The Road is completed vnd in operation from
Richmond to the celebrated White Sulphur
Springs Of West Virginia, 227 miles, ane there re-
main but 200 miles tnow partially constructed) to
be completed, to carry ii to the proposed termi-
nus on tho Ohio river at, or near, tho mouth Of
the Big Sandy river, $50 miles above Cincinnati,
and $50 miles below pittsburg
Lnes are now projected or inprogross through
Ohio and Kentucky TO this point, which will con.
meet the CHESAPEAKE AND ONO WITH THE ENTIRE
RAILROAD SYSTEMS OF THE WEST AND SOUTHWEST
AND WITH THE PACIFIC RAILROAD.
Its valuable franchises and superior advantages
will place the CIKsPEAKE AND ONO RAiLRoAr
COMPANY among the richest ard most powerful
and most trustworthy corporations Of the coun
try AND THERE EXISTS PRESENT VALUE, IN COM
PLErED EoAD AND WORK DOME EQUAL TO THE EN-
TIEK AMOUNT OF THE MORTGAGE.
The details OF the Loan have been arranged will
special reference to the wants Of all classes Of in
vostors, and combine the various features Of con
yenience, safeto, and protection against loss o.
fraud.
The Bonds are in denominations OF
$1,000. $500 and 500.
They will be issued as Coupon Bonds, paydls d
Bearer, and may be held in that form or
The Bond may be registered in the name OF Thu
owner, with the coupons remaining payblo Il
bearer attached, the principal being thOn trans
ferable only on the books Of the Company, unos
re. assigned to bearer; "
The coupons may be detached and cancelled
the Bond made permanent Registered B0no
transferable only on the books Of the Company
and the interest made payable only to the regis
tered owner OF his attorney.
The three classes will be known respectively as
ta "Coupon Bonds payable to Bearer"
%. Registered bonds vih Coupons attached.
Sd. Registered Bonds ,eth Coupons detached,
and should be 80 designated by Correspondent
in specifying the clase OF Bonds desired.
They have THIRTY YEARS to run from Januar
10, 1870, with interest at six per cent per annun
from November I, 1869 PRINCIPAL AND NrEREs
PAYABLE IN GOLD IN THE CRY on NEw-YoRK.
The interest is payable in MAY and MOVEMENT
that it may take the place Of that Of the Garlic
issues Of fiye-Twenties, and suit the cohsenienc
Of our friekds who aready hold Central and Wes
ern Pacific Bonds, with interest payable in Janr
AIRY and July, and who may desire, in making ID
! ditional investments, to have their interest r.
ceiyAbe at different soasonA Of the year.
The Loan is secured by mortgage upon tn
entire Lane Of Road from Richmond to tho OH
. River, with the equipment and all other propert
. and appurtsnAnees connected herewith.
A sNEIS6 FuND on 1000 PKR Axsum Is pRt
J yfDED yoR THE REDExFTIos or THE BONDS, =
! TAXI EFFECT oEK rEAR AFTER TUE COMPLETION Q
THE ROAD.
Tho mortgage is si5, 00O, 900, Of which 81 900 0C
viii be reserved aud held in trust for the redcmI
: ton Of outstanding Bonds Of the Virgissa Csar,
Railroad Company nov merged in the CHEaI
PkAKF AND ONO.
ofthe remaining tls, 6oo, 900, asufiieiopt amour
viii be sold 70 eomplels the road " the Ohio nj
81, perfect and improve the portion nov il Up,
ration, and thoroughly equip the whole for
large and setiEe trsnie.
The present pres il % aad accrued interest,
Loan 10 amply secured NO carefully guardo'
and 10 certain hereafter 10 command prpulineI
place among the fzyonte securities 10 Tie mari
ets, both u tits country aud Europe, wall b.
once appreciated and quickly absorbed.
Very respectfully,
FISK & HATCH,
BlzKKAs.