Bedford inquirer. [volume] (Bedford, Pa.) 1857-1884, 1870-04-29
FIRST HoRrG4GE BoNDs


/ Chesapeake aud Ohio Railroad Company.
The Chesapeake an Ohio Railroad, connecting
the Atlantic coast and the magnificent harbors
Of the Chesapeake Bay With the ohio River at
point Of reliable navigation. aud thus. With the
entire RailFoa system and water transportation
Of the great West and Southwest, FORMS THE
ADDITIONAL EAST AND WEST TRUNK
LINES, SO imperati7eIy demaaded for the ae-
eommodation Of the immense aud rapidly grow
ing transportation between the Atlantic seaboard
and Europe on the enc hand, snd the great pro
dueing regions Of The Ohio and Mississippi Val
lsys on the other.
THE IMPORTANCE OF THIS ROAD as
a NEW OUTLET FROM TIE WEST TO THE
SEA maguiaos it into one Of national consequence,
and insurss 80 it an extensive through traffic
from the day Of its completion; while, in the de-
vsloPmsat Of the extensive agricultural and min
eral resources Of Virginia and West Virginia, i,
( possesses, along lis own line, tas elements Of
/ large and profitable local business
Thus the great interests, both general and local,
which demand the completion ,f the CHEsAFEAEE
AsD ONO RAnRoAD to the Ohio River. afford
the surest guarantee Of its success and value, and
RENDER IT THE MOST IMPORTANT AND
/ SUBSTANTIAL RAILROAD ENTERPRISE
NOW IN PROGRESS N TIL. COUNTRY.
Its superiority as an East and West route, and
the promise Of an immense and profitable trade
awaiting it, completion, bay9 drawn to it the
attention ard cooperation Of prominent Capital.
ISIS and Railroad men Of this City Of sound judg-
ment aud known integrity. whose connection with /
IT, together with that Of eminent citizens and bus
mess men Of Virginia and West Virginia, IN
sUREs AN ENERGETIC, HONORABLE and (
SUCCESSFUL MANAGEMENT.
TIE Road is completed and in operation from
..ishmond TO the celebrated White Sulphur
Springs of West Virginia, 227 miles and there
remain bu; eco miles Cnow partially eOnstrastsd) /
to be completed, to carry it to the proposed ter
minus on the Ohio river. at, or near, the mouth
Of the Big Sandy river, 15o niles above Cinciu-
nAti, and $50 miles below Pittsburgh.
Lines are now projected or in progress through
Ohio aud Kentucky to this point, which viii con
meet the CHESAPEAKE AND OHIO WITH
THE ENTIRE RAILROAD SYSTEMS OF
THE WEST AND SOUTHWEST. AND WITH
TIE PACIFIC RAILROAD.
T.
Ees VIII place the CaesAPEAkE AID Osio RAN
R0AD comrAyY among the richest and most
powerful and Trustworthy corporations Of tie
country; AND THERE EXISTS A PRESENT
VALUE, IN COMPLETED ROAD AND WORK
DONE, EQUAL TO THE ENTIRE AMOUNT
OF THE MORTGAGE
The details Of the Loan have been arranged
With special reference to the wants Of ali classes
Of investors, and combine the various features Of
eonveBienee, safety, and protection against loss
or fraud.
The Bonds are in denominations Of
$1,000, $500, and 500.
They viii be issued as Cougsa Bond., yoyabls
70 Bearer, and may be held in that form; or
The Bond may be regfsferea in the name Of the
owner, with the coupons remaining payable to
bearer, attached, the psiEeiPal being then trans
feIAble only on the books Of the Company, unless
rs-aszigned TO bsarer; or
The coupons may Ae detached and cancelled,
the Bond made . Peruasesi RegSs,.rsd Bond,
transferable only on the books of the Company, I
and the interest made payable only 10 the regis
tered owner or bis At.orney.
The three classes viii be known respectively as
LIST. COUPON BONDS PAYABLE TO
BEARER"
2nd. REGISTERED BONDS WITH cot
P0Ns ATTACHED"
3rd. "REGISTERED BONDS WITH CoU-
PoNs DETACHED" and should be 50 designa-
ted By Correspondents in specifying the class Of
Bonds desired.
They have THIRTY TEARS to run from jan
uary IS, 1879, with interest st sia per cent per
aanum from November I, 1879, PRINCIPAL and
INTEREST PAYABLE IN GOLD IN THE :
CITY OF NEW YORK ii
The interest is payable in May and November, =
that it may take the place Of the earlier issues Of
Five-TEenties, and suit the eonvenience Of our :
friends who already hold Central and Western 4
Pacific Bonds, with interest payable in January
and Jaly, and who may desire, in making addi- ! !
ionai investments, to have their interest receive
lie a; different seasons Of the year. t
The Loan is secured By a mortgage upon the I
antire Line Of Road from Richmond to the Ohio :,
River, with the equipment and al other property Z
md apPurtsnanees connected Herewith.
A SINKING FUED OF 500 ooe PER An q
NUN IS PROVIDED FOR THE REDEMP-
TTOS OF THE BONDS, TO TAKE EFFECT
)NE YEAR AFTER The COMPLETION OF
THE ROAD.
The mortgage is Tor 5,o00,o ,ooO Of which s2,-
10000 viii be reserved and held in trus, for the
Of outstanding Bonds of the Ffrsiaia . .
}eafrqi Raiiroad coHPapg, now merged IN the P
'HEs4FEAKE AND 0aIo. t7
OF the remaining 1905, 900, q sufficient a
mount viii be sold to complete the road to the =
'hio river, perfect and improve the portion now -
q operation, and thoroughly equip the whole for n
large and setiEs trzlie i
The present price Is 80 and accrued interest u
Loan 80 amply secured, 50 carefully guarded !.
I'D 50 certain hereafter 70 command a prominent n
lace among the favorite securities in the mar =
cts, both Of this count-y and Europe. viii be Al
nee appreciated and qeiekiy absorbed.
Very respectfully,
FISK & HATCH, il
Bankers
p S-We have issoed n.,,,l,s- ... 4