Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1870-07-21
INDIANAPOLIS,
BLOOMINGTON
WESTERN RAILWAY.
SEVEN PER CENT. GOLD LOAN.

Inc bonds are in denominations CT 81, 900 each
secured by first mortgage on POS miles Of road,
from Indianapolis, the largest city and most i'm
portant railroad centre in the State of Indiana,
to the city Of Pekin In Illinois
ONE HUNDRED AND EIGHTY MI, rs of
the Line are now in FULL OPERATION, and
equipped with New, First-Class Rolling Stock,
consisting of Is Locomotives, % Passenger
Coaches; IL Baggage and Express Cars; $50 Box
Stock and Coal Cars, and more will be added as
the wants of the road require. The earnings are
already greatly in excess OF the interest on the
whole issue of Bonds. The balance twenty-five
miles of the division in Indiana, is nearly all
graded, with all the Iron on hand, and viii be
completed without delay.
There are Thirty-six depots On the line, Locat-
ed in Cities and Towns that contain, in the Ag-
gregate Population of One HundI ed and Ninety
Thousand, averaging over 800 TO each square mile,
within a radius Of half a mile of the track; and
within twenty miles OF the track, there ls a pop
uladon of about six hundred thousand.
1t passes through the counties of Marion, Hen
bricks, Montgomery, Fountain, Warren and Yer
million, in the State of Indiana, and NermlllioD,
Champaign, De Witt, Piatt, Mclean and TaZe-
well Counties, In Illinois, on the line of the old
emigrant State road which was laid out in the
best portion of those States before the time Of
railroads, was then the main line Of Western
travel, and consequently became more thickly set
tied than other sections of the West, as the num-
erous cities, large villages, and products of these
counties demonstrate.
Besides the large agricultural productions of
this section, the manufacturing interest Is very
extensive in the large towns and is rapidly increas
ing.
The coal mines at Danville on this line are ex-
tensively and proftabiy worked, and FURNISH
BUSINESS FOB OVER THREE HUNDRED
COAL CARS on this line at present, and MORE
THAN TWICE THAT NUMBER WILL BE
REQUIRED TO carry coal on completion OF the
remaining link.
From the present earnings on $50 miles it is safe
to assume that the LOCAL BUSINESS ALONE
WILL BE AMPLE NOT ONLY To PAY THE
BONDED DEBT, BUT LARGE DIVIDENDS
On THE STOCK.
In addition to the population and wealth of the
country and all that is necessary 10 support a
first-class road and make il a profitable invest
ment through local traffic. 1t forms a grand cen
| trail trunk line FOR THROUGH BUSINESS
NOT SURPASSED RY y kOADOE ElOAL
DENGTH In THE WEST.
| at indianapolis it connects by main lines with
the cities OF Columbus, Cleveland, PIttsburg,
Cincinnati with the Pennsylvania Central,
Baltimore and Ohio and other important railroad
| lines At Pekin, the Western terminus, connec-
tons are made with Peorla, Quincy. keokuk,
Burlington and Omaha At bloomington, with
the Illinois Central Road, which runs northwest
600 miles 10 Fort Dodge, Iowa. a very large bus
mess will be done with this line. At DanviIle it
connects by rail with Toledo on Lake Erle. A
map will show all these TO be very important con-
nectlOns IN making through lines over this route
| The Loan Is placed beyond any contingency by
| the Present Earnings from Local Traffic on One
Hundred and Eighty Miles, which must Deces-
sariIy De doubled when the trains run through.
The Bonds are Convertible at the option OF the
holder into stock at par al any time, Whlch ADDS
Greatly to their value. They may be registered
l at the Farzners' Loan and Trust Company if de-
| sired.
| COUPONS PAYABLE APRIL & OCTOBER,
| FREE OF TAX.
TOTAL ISSUE s., OOO, OOO-s2, 900 900 of which
| are placed in trust with the Farmers Loan and
Trust Company to redt EN- and cancel &. 000, 900
bonds issued to the Danville, Urbana, Blooming
ton and Pekin Railroad, now merged into this
read, making the Loan only s3.OOO,0O0 OVER
HALF OF WHICH HAS BEEN SOLD IN
| EUROPE AND THIS MARKET. The balance
we offer at 80 and ACCRUED INTEREST. At
this low price the Bonds, being amply secured,
will be quickly marketed.
We have been thoroughly posted in regard to
the road from the start have closely inspected 1t
| from time TO time during construction, and beng
| familiar with the wealth and resources OF the
| country the responsibility and integrity OF the
officers and directors OF the company and the pres
ent earnings OF the road it is with pleasure that
| WE RECOMMEND TIE BONDS As ONE VI
| THE CHEAPEST AND SAFEST INVEST
| NFNTJ In THE MARKET, sure of high
standard among the best railroad securities in the
| country.
All marketable securities received in exchange
| at market rates. Bonds delivered to all points.
FREE OF EXPRESS CHARGES.