The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1870-03-01
First Mortgage Bonds
OF The
Chesapeake and Ohio Rail-
road Company.


point of reliable navigation, and thus, with the
entire Railroad system and water transportation
OF the great West and Southwest, forms the
additional e asst md West Trunk Line,
so imperatively demanded for the accommodation
of the immense and rapidly growing transporta'
ton between the Atlantic seaboard ard Europe
on the one band, and great producing regions oil
the Ohio and Mississippi Valleys on the other.
The Importance Of this Rond ms n
new outlet from the West 10 the sen
nagnifies il into one Of national consequence
and insures to 1t an extensive through traffic
from the day of its completion; while, in the
development of TIE extensive agricultural and
mineral resources OF Virginia and West Virginia,
it pessess' along its own line, the clements OF
q large and profitable local business.
Thus the great interests, both general and
local wh Oh demand the completion OF the
CuEsAPgAKE AND OHIO RAILROAD to the Ohio
River, sfford the surest guarantee OF its success
and value, and render II the most impor-
taut mud substautinl Rniirond enter.
prise now in progress in this County
It's superiority as an East and West route,
and the promise Of an immense and profitable
trade awaiting its compile ton have drawn to 1t
the attention and cooperation OF promintnt
CAPITALISTS and Railroad men of this City OF
sound Judgment and known integrity, whose
connection with it, together with that Of emf
nent citizens and business men of Virginia and
West vir sinia insures nm energetic, hon
or q bic and successful management
The Road is completed and in oRfEstion from
Richmond to the celebrated Whlte Sulphur
Springs of West Virginia, 227 miles, and there
remain but 300 miles now partially constructed)
to be completed, to carry 1t to the proposed ter.
minus on tho Ohio river at, or near, the mouth
of the Big Sandy river, $50 miles above Cinciu.
natl, and $50 miles below Pittsburg.
Lines are now projected CT progress through
Ohio and Kentucky to this point, which will
connect the Chesapeake and Ohio with
the entire RniIrond systenis ofthe West
nud Southwest, and with the Pncific
Railroad.
Its valuable franchises and superior advan'
tages will place the CHEsArE.KE AID OHIO
RAILROAD CoMrANY 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 TO THE ENTIRE
AMOUNT OF THE MORTGAGE.
The details of the Loan have been arranged
with special reference to the wants of all classes
of investors, and combine the various features
of convenience, safety, and protection against
loss or fraud.
The Bends are in denominations Of
$1,000, $500 and 800.
They will be issued as Coupon Bonds, payable
10 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 trans
ferabe only on the books of the Company,
unless re.assigned to bearer or
The coupons may be detached and cancelled,
the Bend made permanent Registered Bond,
transferable only on the books of the Company,
and the interest made payable only to the reg.
istered owner or his attorney.
The three classes will be known respectively
as:
Ist. Coupon Bonds payable to
Bearer"
I'd. Registered Bonds with Coupons
attached.o
Sd. "Registered Bouds with Coupons
deIached," and should be 20 designated by
Correspondents in specifying the class Of Bonds
desired
They have THIRTY YEARS TO run from
January IS, l:7O, with interest at six per cent
na- amman from NorapbarI 1850 pn,Srrp.r
AND INTEREST PAYABLE IN GOLD IN THE CITY .F
NETWORK.
The interest is payable in MAY and NOVEMBER.
that it nay take the place of the earlier issues
of Fite.Twenties, and suit the convenience of
our friends who already hold Central and West
srn Pacific Bonds, with interest payable in Jan.
uary and July, and who may desire, in making
additional investments, to have their interest
receivable at different seasons Of the year.
ThsNLoan is secured by mortgage upon the
entire Line of the Road from Richmend TO the
Ohio River, with the equipment and all other
and sppurtenances connected there
with.
A SINKING FUND OF 100000 PEh ASSUT IS
PROVIDED FOR THE RIDAxPTIoS OF THE BINDS,
To TAXI Effect oSE rEAE AFTER INK COMPILE
ton OF TIE ROAD.
The mortgage lie for $4,000 geo, of which
81 OO OOOo will be reserved and held in trust for
the redemption of outstanding Bonds Of the
Virginia Central fGilrOdd Company, now merged
in the CHESAPEAKE AND UBI9.
OF the remaining si3,OoO,OOO, = sufficient
amount viii be 81 Ii to complete the road 70 the
Ohio river. perfect and improve the portion now
in operation, and thoroughly squip the whole
for large and active traffic.
The present price is 70 and accrued interest.
Loan so amply secured, 50 carefully guard
ed, and so certain hereafter 10 command prom
inent place among the favorite securities in the
both of this Country and Europe, will
be at once appreciated and quickly absorbed.
Very respectfully,
FISK d HATCH,
Bankers.