The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1870-04-23
SUCCESSFUL MANAGEMENT.

The road is completed and In operation from
Richmond to the celebrated White Sulphur Springs
of West Virginia, ?27 miles. and there remain but
200 miles (now partially constructed) 10 be COM
peted TO carry IL to the proposed terminus on the
Ohio river at or near the mouth Of the Big Sandy
river, $50 miles above Cincinnati, and $50 miles
below Pittsburg.
Lines are now projected or In progress through
Ohio and Kentucky to this point, which will con-
meet the Chesapeake and Ohio with the entire rail-
road systems Of the West and Southwest, and with
the Pacific railroad.
Its valuable franchises and superior advantages
will place the CHESAPEAKE AND OHIO
RAILROAD COMPANY among the richest and
most powerful and trustworthy corporations OF
the country: and there exists a present value, In
completed road and work done, equal to the entire
amount Of tie mortgage.
The details of the loan have been arranged with
special reference to the wants Of all Glasses Of in
vestors, and combine the various features OF con-
venIcnce, safety. and protection against loss or
fraud.
The Bonds are In denouiiD atoms of
$1,000, $500, and 500.
They will be issued as Coupon Bonds. payable
to bearer and may he held in that form ; or
The Bond may be registered in the name Of the
owner, with the coupons remaining payable to
bearer attached the principal being then transfer
able only on the books of the company, unless
assigned to bearer; or
The Coupons may be detached and cancelled, the
Bond made a permanent Registered Bond trans
ferable only on the books OF the Company, and
the interest made payable only TO the registered
owner or his attorney.
The three classes will be known respectively as
LIST. "Coupon Bonds payable to bearer
I'd. Registered Bonds with Coupons attached"
I'D. /" Registered Bonds with Coupons dctach-
ed" should be so designated by correspondents 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 l, 1859. Principal and interes, paYa-
BILE in gold in the city OF New York.
The interest Ia payable In May aud November
that 1t may take the place Of that OF the earlier
issues Of Five-Twenties, and suit the convenience
Of our friends who already hold Central aud West
ern Pacific bonds, with interest payable III Janu-
AIRY and July, and who may desire, In making ad-
ditional investments, to have their interest re-
ceiyable at different seasons Of the year.
The loan Is secured by mortgage upon the en-
tire line Of road from Richmond to the Ohio river,
with the equipment and all other property and
appurtenances connected Herewith.
A sinking fund Of sloa, 900 per annum is provided
for the redemption Of the bonds, to take effect one
year after the completion Of the road.
The mortgages for SIS coo geo, of which Geo.
600 will be reserved and held in trust for there
demption of outstanding bonds Of The virginia
Contra, Railroad Company, now merged intae
Chesapeake and Ohio.
or the remaining sla, oeo,o 900, sufficient amount
VIII be sold to complete the road to the Ohio rirer,
perfect and improve the portion now In operation.
and thoroughly equip the whole for . iargcand
active trafie.
The present price ta so aud accrued Interest
A loan so amply secured, so carefully guarded,
place among the favorite securities In the mar
kess, both Of this country and Europe, viii 70 at
once appreciated and quickly absorbed.
Very respectfully,
FISK HATCH, Bankers.
P.s.-We have issued pamphlets eontssains
ft,Il particulars. statistical details, maps. etc
which win be furnished upon application. -
Wei buy and sell Government Bonds, aud receive
she Accounts Of Banks, Bankers, corpcraaans,
and Others, subject 10 check at sight; and al,w In
terest ON daily balances.
DAVENPoRT / CO., Stock Broasrs
u Nc. 1ieA Main street, aud
r. II. MAURY q Co., No. 1914 Main strests
Richmond Agents for ssleot
eas-sswan Bonds in vissaia.