The sun. [volume] (New York [N.Y.]) 1833-1916, 1870-01-04
EnsnfiaL.
MORTGAGe

.S,~>~~>-~~1~~~~~~~,SSS~~ c.c.~~~~~OY~oo>y~O~
EIRsr MORTGAGES
CONVERTIBLE
SINKING FUND
SEVEN PER CENT.
GOLD BONDS
OF THE
DANvILIE, URBANA, BLOOMINGTON, AND
PEKIN RAILROAD COMPANY
OF ILLINOIS,
Principal and interest payable in gold the Farmers
Loan and Trust Company. New York. Coupons pay.
able April and October l..
FREE OF GOVERNMENT TAX.
THESE BONDS CAN BE REGISTERED.
CAPITAL 100000
TOTAL ISSUE OF BONDs..............."...tl ,0oo0o0
Length ofroad III 500 miles The bonds are limited
10 ess than sisO0o por mile. aud secured by FRS,
Mortgage ne enifre proprtv on Company. which
cost about s'o,oco per mile
The road runs through richest ana most populous
agricultural district in Illinois The local business alone
Is much more than sufficient 70 sustain H. This. with
the Mroa1A business which ~ is expected viii be lin
tied only by the capacity Of the road must make 1t
profitable AZ any In the state.
No road has ever been buit having more numerous
and valuable connections. East and West.
ONE HUNDRED MILES
b now In fun operation, and equipped with nep frst-
cdss rolling stock. The balance less than 20 miles, Is
nearly finished and trains will over the entire line
during the present month.
THIS road has been consolidated with the IndlanapO
liz, CrawfordsvIe and Danvine Road making over 200
miles under one management and furnishing still fur
thcr security the boudholders. these Bonds having
been assumed by the consolidated Company. called tho
indianapolis, Bloomington and Western Railroad 10
connects the east with direct lines TO Boston. New
York. Philadelphia. and Baltimore, ana with Peoria.
Burlington, and Omaha on the west-the only East and
West line connecting the cities Of Indianapolis, Dan
vile. Urhann. bloomington, Pekin, and Peoria.
The high premium the stocks OF many OF tho railways
In Illinois command with better prospects than this
justices the belief that It's stock will also soon be
atap 'mlum thus making the Convertible clause val
uabic p.ion To make the bonds stiri more secure
Sinking Fund hns been provided.
The belief that the Government will fund the Five
Twenties into * per cent. loan makes desirable
Investors took for cafe securities that pay
good interest. about which there question, for
which they exchange their s2oe-capitaEing the
premium and eetNP higher rate OF interest for long
term OF years. Nothing be more desirable than
First Mortgage Bonds nrtclass COMPLETED rail
way.
The Coal Frelrh alone estimated suceut to pay
the Interest the Bonds the best Mines In the State
being located on the line ut Danviiie
Having carefully examined the Road from time to
time and it, connections, being also familiar with
the wealth OF the country along the line,
veil with tho rapid progress OF the Company rom
the start It's Financial Standing and efficient
ment. we recommend the Bonds choice Investment.
the Security OF which has been placed beyond any con-
tingeney, the Company have been provided with the
| necessary funds to complete the Road.
About fournhs Of the loan has been taken BY actual
investors
We continue offer portion Of the balance At %
and accrued interest IN currency.
All marketable securities received IN exchange OF the
best market Bonds forwarded by express free
| Of charge. Further particulars furnished on appl
| cation by the undersigned financial agents OF the
~ TURNER BRoTHERs,