The Middlebury register. [volume] (Middlebury, Vt.) 1850-1882, 1870-08-02
indianapolis.
Bloomingto On
AND
WESTERN RAILWAY.
SEVEN PER CENT. GOLD LOAN
---7-
indianapolis.

The bond, are in denomins ion of : 900 each
by u first mortgage IN POS miles Of road, + ON In
dianapolis the largest city and most important
railroad centre in the State Of Indiana TO the city
of Pekin in Illinois
One Hundre., and Eighty miles OF the line are
now in Full Operation, and equipped with Now,
Firstclass rolling stock, consisting of q locomo-
tives, % Passenger Coaches II baggage and Ex-
press cars; $50 Box, Stock and Coal cars, and
more will be added as the wants Of the road re.
quire. The earnings are already Greatly in ex-
cess of the Interest on the whole issue Of Bonds
The balance 'wenty five miles of the division in
Indiana, is nearly all graded, with all the iron
hand and will be completed without delay.
There are Thirty-six depots on the line, located
In cities and towns that contain in the aggregate
q population of one hundred and ninety thousand,
averaging over $50 to each square mile, within
q radius OF half mile Of the track; and within
twenty miles of the track there is population OF
about six hundred thousand
1t passes through the counties OF Marion, ilend-
ricks, Montgomery, Fountain, Warren and Nermi-
| lion, in the state of Indiana, and Nermillion,
Champaign, De Witt, Plat, Mclean and Tazewell
Counties, in Illinois, the line of the old emf
grant State road which was laid out in the best
portion those States before the time ui railroads
was then the main line of Western travel and
consequently became more thickly settled than
other sections Of the West, the numerous elite:
demonstrate.
Besides the large agricultural production Of
this section the manufacturing interest ia very
| tensiye in the large towns and is rapidly incIea-
| ing.
The coal mines ut Danvlle on this line are ex
tensiyely worked, and furnish business toT ovei
three hundred coal cars this limo Mt present snt
more than twice that number will be required t,
carry coal on the completion Of the remaining
link
From the present earnings ON $50 miles it is sat,
to assume that the local business alone will be
ample not only to pay the bonded debt, but larg,
dividends on the stock
In addition to the population and wealth of tn,
country and all that is necessary 10 support first
class road and make it u profitable Investment
| through local traic. 1t forms grand centra
trunk line for through business not surpassed by
any road of equal length in the west
At indianapolis il connects by main lines will
the cities of Columbus, cleveland, Pittsburgh
Cincinnati and with the Pennsylvania Central
Baltimore and Ohio and other important railroad
lines. At Pekin, the western terminus, connec-
tions made with Peoria, Quincy, Keokuk, Bur.
lington and Omaha. At Bloomington, with the
Illinois Central Road, which runs northwest &c
Fort Dodge, Iowa. very large business will be
done with this line. At Danville il connects by
rail With Toledo on lake Erie. A will show
all these to be very important connections in max
ing through lines over this route
The Loan is placed beyond any contingency BY
the present earnings from Local Trafc on One
Hundred and Eighty miles, which must necessari
ly be doubled when the trains run through
The Bonds are convertible at the option OF the
holder iuto stock ut par at AN, time which add
greatly to their value. They may be registered
at the Farmers Loan aud Trust Company il de
sired