The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1870-03-29
MISCELLANEOUS

| MISCELLANEOUS.
Office Of FISK & HATCH,
BANKERS AND DEALERS IN GOVERN
MENT SECURITIES.
| NO. NASSAU TREET, NEw-YoRK.
February 10Th, 1870.
Inc remarkable success which attended our nego-
nation OF the Loans of the CENTRAL PACIFIC RAIL
ROAD COMPANY and the WESTERN PAcIFIo RAIL
ROAD COMPANY, and the popularity and
winch these Loans have maintained in the markets,
ootn in this country and Europe, have shown tina
the FIRST Mortgage Bonds of wisey-located and hon
oraoly' managed Railroads are promptly recognized
ana readily taken as the most suitable safe and adj
era' income than can hereafter be derived from
government Bonds, and available to take their
i place.
Assured that, in the selection and negotiation of
superior Railroad Loans, are meeting great
puohc want, and rendering a valuable service
both to the holders of Capital and to those great
national works of internal improvement whose in
trnsic merit and substantial character entitle them
10 the use Of Capital and the confidence ct investors
we now offer with special confidence and satsfac-
tion the
FIRST MORTGAGE BONDS
chesapeake and Ohio Railroad Company.
me Chesapeake and Ohio Railroad, connecting the
Atlantic coast and the magnificent harbors of e
chesapeake Bay with the Ohio River at point of re-
liable navigation, and thus with the entire Railroad
system nd water transportation of the great West
and Southwest, forms the additional East
and West Trunk Line, so imperatively de-
manded tor the accommodation of the immense and
rapdly-growing transportation between the Allan
TIC sea-bcard and Europe on the one hand, and the
great producing regions Of the OHIO and Mississippi
Valleys on the other.
Fhe impo rtance Of this Road ms a new
outlet from the West to the sen magnifles it
into one of national and insures to it an
extensive through traffic from the day OF its compile
ton; bile, in the development Of the extensive ag
ricaltufal and mineral resources OF Virginia and
West-vrsna, it possesses, along its own line, the
elements of large and profitable local business.
Thus the great interests, both general and local
which demand the completion of the CHEslpEAKe
AND ONO RAILROAD to the Ohio River, afford the
surest guarantee OF its success and value and rem
der ii the most Important and substantial
Railroad enterprise now In progress i'm
this Country.
Its superiority an East and West route. and the
promise Of an immense and profitable trade await
ing its completion, have drawn to it the attention
and cooperation of prominent Capitalists and Rail-
road men OF this City Of sound judgment and known
integrity, whose connection with it, together with
that OF eminent citizens and business men Of Viz
ginia and West-virginia, insnrcs an energetic,
honorable, and successfnl mana sement.
The Road is completed and in operation from
Richmond to the celebrated White Sulphur Springs
of west-virsinia, 227 miles. aud there remain but
200 miles (now partially constructed) to be compile
river at, or near the mouth OF the Big Sandy river
$50 miles above Cincinnati, $50 miles below Pitts.
burg
Lines are now projected or In progress through
Ohio and Kentucky to this point, which will connect
the Chesapeake and Ohio " ith the entire
Railroad systems Of the West and South
west. and with the Pacific Railroad.
I Its valuable franchises and superior advantages
VIII place the CHESAPEAKE AND OHIO RAILROAD
COMPANY among the richest and most powerful and
trustworthy corporations of tho country; and
there exists n present vaIue, In completed
read md work done, equal II The errire
amount Of the mortgage.
The details OF the Loan have been arranged with
special reference to the wants of all classes of invest
ors, and combine the various features Of
safety and protection against loss or fraud
The Bonds are in denominations of
$1,000, $500, and sloo
They will be issued as COUPON BONDS, payable to
Bearer. and may be held in that form; or
The Bond may be registered in the name Of tho
owner, with the coupons remaining payable to bear
er attached, the principal being then transferable
only on the books of the Company, unless re-assian-
ed to bearer; or
The coupons may be detached and cancelled, the
Bond made permanent Registered Bond, transfer
able only on the books Of thecompany land the inter-
est made payable only to the registered owner or his
attorney.
Three classes will be known respectively as:
list. "Coupon bonds payable to
Bearer.o
2nd. sResisicred Bonds with Coupons
nttached.o
Sd. "Resistcted Bonds with Coupons
detached, - and should be so designated by cor
respondents in specifying the class of Bonds desired
They have thirty years to run from January Is,
1870, with interest at six per cent per annum from
November 1, $780, Principal and Int, est payable In
GOLD IN the City Of Ne,c York.
The interest Is payable in MAY and NOVEMBER,
that may take the place of that OF the earlier is.
sues Of Five Twenties, and suit the convenience or
our friends who already hold Central and Western
Pacific Bonds, with interest payable in January and
July, and who may desire, in making additional IN
ves,mens, to have their interest receivable at differ
emit seasons of the year.
The Loan is secured by a mortgage UPON the en-