The Portland daily press., 1870-02-17
Principal and Interest Payable in Gold.
INTEREST SEVEN PER CENT. PER ANNud,
FREE OF GOVERNMENT TAX, PAY
ABLE IN NETWORK, MAY
AND NOVEMBER


AND NOVEMBER.
The st. Louis and Southeastern Railway spans the
State of Illinois commencing at the City of ST. Louis
and ending at The City OF Shiwneetown, on the Ohio
liver The entire length when complete, will be 1879
| miles, TwENTY-SBvEN MILES OF WHICH ARE
ALREADY FINISHED AND IN OPERATION. Work
is progressing other portions OF the road aud 1t
Is the intention OF the Company to push the enter
prise to early completion.
ms line OF road supplies an urgent need 1t pass
es thioush fertile and populous section of the state
ntherto destitute OF railroad facilities In the pro
AUCTION OF wheat tie district is not exceled bv apy
other in the Union, the road tbrouobop, i,s ON,
tire length PASSES OVER THE RICHEST cor
BEDS of ILLINOIS, now being probably and ar
tehsiveiy worked at various pol S. In view OF tina
large ana increasing consumption OF coal at ST
Lonis and in the adjoining region, the profits mon
the transportation OF coal alone WILL within The JI-
1t o. three years. more than pay the interest on the
entire bonded debt of the Company. The total is
sue OF bouds is limited to s225O &c., equal to about
SioooJ per mile, to be issued only as the construe
ZION ana equipment of the road progresses They
are 'ssued under mortgage made to p. @. Calhoun
president OF the Fourth National Bank, New York,
and George opdyke. Trustee. 1t is carefully drawn
and duly recoreed in all the counties through which
the road passes.
In one ring these Convertible Bonds Tor sale we be.
TO refer investors to pamphlet In our possession
now ready for distribution, containing a eomprehen-
sive exhibit OF the enterprise and its promising fu
ture. signed by the President of the Company Gen.
eral EDWARD F. WlNSLOw, and by Breyet Ma
jor-General JAMES Fl. WILSON, United States
Army, one OF its Directors, and also to the state
ment appended thereto, signed by w. MILNOR
ROBERTS, United ates Civil Engineer, and one
OF the most distinguished railroad constructors of
the country. These gentlemen are well known to
Inc coun ry and their friends for their abv intey-
rity and honor. The accuracy OF their statement;
NAV therefore be confidently relied upon.
ANY one who will carefully study these documents
cannot tail to become convinced that this road when
ompleted will control a large and profitable lo al
business, to say nothing OF its through traffic In
will, therefore, be able paw without fail The inter
est on its bonus and render the stock very Yofita
BILE investment. Gross earnit gs the rate OF $4,000
est on IT'S debt including the expense OF orera ion
and repairs. There is no completed road in the Stale
OF limos which is not earning much more than this
sn Rp p,r 1 m Ter p9 Be ConPany C0NELDENTL
EN- TO TEN THOUSAND DOLLARS PEP NTIE
from the tine OF completion.
Alter thorough investigation of the merits of his
tn,erpTlse, we confidently recommend these Bonds
Investment. ~ fA'A'aO'S
Price for the present, 925 and accrued interest In
10 tS uis tompahy reserying to itself the right
" P an t, IN price whenever II may so determine.
Pamphlets furnished ON application
DUPEE, BECK d. SARLES,
ROE State St, Hosiou.
GEORGE OPDYKE Do co.
No. rs Nassau.st., New York.
Febl6-deodl3t