Litchfield enquirer., 1870-06-30
MOST CONVENIENT ATTRACTIVE

form of investment on the market.
 1.-Ihey are secured by 8 frat moortgage on property worth more than double the amount of Sbonds issued.
 The bonds can be issued only as the work pro- gresses, and for but one half the actual expendi- ture; while the value of the franchise" when the line Is completed, will be of far greater value than the simple cost of the road.
 2. They are based on the great through line be- tween New York and Boston, which shortens the distance 27 miles, and the time one hour.
 The road will be 52 mics Tn length, running be- tween New Haven and Wlllimantlc, and will be the connecting link between loads already established forming route almost straight from one city to the other, ettectlng saving of from fifteen to twenty per cent Ill the distance.
 3. One half of the road is about completed aud nearly two thirds of the estimated cost of the whole line has been economically expended.
 The section between New Haven and Middle town, Is about finished. The Connecticut River Bridge, and the Eastern Division, are we'll under way aud will be carried forward with all possible speed.
 4. The State of Connecticut is Trustee for the axTnis IS additional security; proving the good faith of the company ill furnishing every possible safeguard and guaranty that the property cov- cred by the mortgage will be held secure for their prOtecLlon
 g. The local business developed during the past thirty awaiting the opening of the road, together With the through traae which must by necessity flow to short, quick routes.
 The line traverses the central portion of the State furnishing railroad facilities to some dozen towns, many of them possessing large manufac- turing interests, opening up field almost entirely destitute Of railroad transpOr tatlon, 6. The road Is located in Connecticut, and will largely increase it's productiveness and influence, and add materially to it's wealth. AS a ''home investment" the bonds possess ad- ditlonal attractions More confidence is felt ln them. The condition of the enterprise is better understood. The location of the line the require ments of that portion of the State through which It passes, the uniform success of all well managed roads ln Connecticut, enable the investor to as- sure himself that hls investment is abundantly secure. .@r % @4as-# #f# 2. The well-known character of the projectors ot of the enterprise, which is a Guaranty Of it's ear ly completion and successful management. Everything depends on the management, of ar enterprise. Prudent energetic, successful busi- ness men as directors and officials lars ely increase the confidence which is felt ill the obligations of 8 company. Those connected with the Ar Line Roao l are well known for ability and character, and We | point to their management, and the results ac compllshed within the past year, as guaranty fol l the future.
 1 8. The Bonds are exempt from U s. Income tax and from state add local taxes in Connecticut. The holder of the Air Line Bonds in Connecti cur saves Tn taxes. ...2 per cent | He also saves Income Tax. ' | He receives ln interest. .................7 " | Making his investment equalone paying9S ss ss xThe average tax on securities ill Connecticut if | about two per cent. The payment of this tax can
 
 taxable The Air Line bonds being If this class the sane as governments, are by thIs exemption | largely increased in value.
 s. They bear seven per cent interest, payable l half yearly. May lst and Nov. 1st, in New Yorl l City.
 1 The interest is liberal, and will not be affected l by any decline in gold Careful investors are se fectlng good currency in preference to gold bear ing bonds. a ~s 4s l 10. They are issued either coupon or registered l bonds and are in denominations of $500 x $lOOO. 1 The large amount of securities lost and stoler has awakened desire to obtain 8 form of invest 1 ment which can be- rendered comparatively safe 1 by being registered. To meet this want the Ali Line bonds are prepared so that at any time they l can be registered either with or without coupons THE PRICE IS PAR AND INTEREST. 1 The Bonds can be obtained of any Bank or Bank. er or by sending direct to ourselves. Securities will be received Tn Exchange, at their full market rate, and may be sent by express at our expense, | the Bonds being returned free of charge. l There can be no better seven per cent. bonds than those of the Air Line Railroad.-Ne,c Fork 1 Ddtty Tribune
 As the prospect of the opening of this new and direct route to Boston draws nearer the coni- dence of the public seems to increase in its advan- | tages for business. V *a* The high class of the security offered makes the loan more accepta- terest but not presenting equal attractions in the way of safety.--N. r. ConsnaefciaI. @ &+ , ~f4 -s
 It is seldom that bonds so intrlnslcally good are offered Tn the open market for inyestment.-W Wou l Street Journal.
 Every condition essential to the security of the bondholders has been compiled with, and gives these bonds prominent place among the most desirable securities offered to the pubIic.-N, r. | Obsercer. It is seldom bond is offered in the market which compares so nearly with and seems so en- tirely to take place of Governments as the First Mortgage bonds of the New Haven, Midaletown, and Willlmantic Railroad Company. We are not sur prised to learn that they are being rapidly taken for permanent investment by careful, prudent an3 malicious capitalists. The success of the enter prise seems dependent upon no contingencies, and it's bonds offer an unusually advantageous oppor- tunity for permanent and immediately profitable l linyestment-CAristian Union. It is seldom that an enterprise of so much mer' it and prospective value, is presented to the ln' vesting public near at hand.--N. '. EUe Mda
 HATCH & FeoTE, h < '
 BANKERS AND DnAnRRs IN GovERN1EN1
 LATA SECURITIES 1s 1 NO. 12 WALL ST, NEWJ4ORK.