The New York herald., 1870-02-17
FINANCIAL.

niss and the promise Of and profitable trade
awaiting the completion Of Chesapeake and Ohio Rail-
road 20 the Ohio river the attention and
cooperation Of prominent capitalists and railroad men Of
this city, OF sound Judgment and integrity rher
connection with IT. together With that Of eminent citizens Of
Virginia and West Virginia. energetic honorable
and successful management.
The road completed in operation from Richmond
tho celebrated White Sulphur Springs West Virginia. 2s7
miles, and there miles tnow partially
'trueed TO be completed carry to the proposed
minus on the Ohio or near the mouth Of the Big
Sandy river lo miles Cincinnati and $50 miles below
Pntsburg.
At this point the Of the three States of Ohio
West Virginia and Kentucky each other;
usually favorable for GENRE connecting and diversng
railroads.
Lines projected rrogTess through Ohio and
Kentucky to this point which will the ch..a-
psake and Ohio with the entire railroad ys.ems OF the
wss. and sou.hwes. and with the Pacific Railroad
Its valuable franchises superior advantages win place
| the Chesapeake and OHIO Railroad Company among
the richest and most powerful trustworthy corporations
Of the country; and with present value in completed
road equal entire amount Of the mort
gage feel assured that welcomed by capt
sass investors same confidence with which
has inspired
The details Of hs loan preparation OF the bonds
have been maured supervson arranged
with special reference to the wants of all investors
combining tho convenience safety and
| protection against loss or fraud.
They win be in denominations Of
$1,000, $500, $780,
They WI issued bonds payable to bearer
| may be held in that form or
principal may be registered the name Of the owner
the the company. with coupons remanins
| payable to bearer attached; or
The coupons may detached and cancelled the bond
made regular registered bond. substantially those
the United States payable only to the
registered his attorney.
When registered by methods the principal
OF the bond will be transferable only the Of the
i
company by the registered his attorney the
win be paid the Of the coupons presen.a
ton, A. usual in case coupon bonds The bond may
again be made payable by registered owner de-
sired. by an assignment eacc. on tho books Of tho
I company.
When registered by the second method bond win be
permanent registered bond, transferable only from
registered interes, win be paid
he ONCE agency Of the to the proper owner in
| person by attorney
The three classes win be known respectively as:--
Iss. "Coupon Bonds payable to Bearer"
ID. Registered Bonds with Coupons A.aehed"
3d. "Registsrea Bonds with Coupons de:ached." and
should dsagnassd by correspondents specifying the
l class OF Bonds desirsd
They thirty yean from January l5 1870 with
interest per per from x.ssusr l. 1859
Principal payable gold in txs wy Of New
| York.
The interest payable in Nay November that ma,
place Issues Of Five rwen.isa
and suit the convenience friends who already hold
Central and Western Pacific Bonds with interest PAYABLE
January July. and who may desire, in making .d.
dtiona investments have interest receivable ..
| different seasons Of the year
The amour. Of the Sl5,oooooo It secured by
mortgage upon the entire line Of railroad Richmond to
the Ohio rver with the equpmen. and all other property
| and appur.enances connected Herewith.
sinking fund of 100000 per provided for the
redemption of the Bonds year after the
| completion of the road.
Ths mortgage constitutes only upon any portion Of
the with exception ssss.757 In miscellaneous
outstanding upon portions of the Virginia Central
Railroad which forms part Of the Chesapeake and
Ohio; small indebtedness the State paymeu.
Of which provision has already been made In virginia State
bonds.
purpose retiring The above outstanding ponds Of
the Virginia Central Railroad Company, $2os0OOo or the
win bc held trust, that pres
en mortgage Of viii cover the entire debt Of the
company.
OF tho remaining sufficient sold
to complete the Ohio river perfect and improve
the portion operation thoroughly equip the whole
for large and active traffic.
) The present price 10 90 and accrued interest.
Aioan amply secured carefully guarded and
tain hereafter to command prominent place among the
favorte securities in the both Of this country and
Europe win be appreciated quickly absorbed.
l Very respectfully,
1 FISK HATCH,
l Eankers.
P.S-wo bavelarge pamphlets containing fn1 parcu
lars statistical dees maps which, with copies Of the
mortgage, will be furnished upon application.