The sun., 1870-03-09

their place.
Assured that in the selection and negotiation On
superior Railroad Loans we are meeting great public
want and rendering a valuable service-both TO the
holders of Capital and to those great National works
ofinterna improvement whose intrinsic merit and sub
stAnta character to the use Capital ana
the confidence OF now offer with special
confidence ana satisfaction the
FIRST MORTGAGE BONDS
CHESAPEAKE AND OHIO RAILROAD COMPANY.
The cAesapeate and ohio RafrOad. connecting the
Atlantic coast ana the magnificent harbors OF the
Chesapeake bay with the Ohio river, at point Of relt
able navigation and thus, with the entire Railroad
system and Transportation OF the great West and
Southwest, FORMS THE ADDITIONAL EAST AND
WEST TRUNK LINE, 80 imperatively demanded foi
the accommodation OF the immense and rapidly.grow
los transportation between the Atlantic seabosrd and
Europe the one hand and the great producing re-
gions Of the Ohio Mississippi Valley the other.
The IMPORTANCE OF THE ROAD AS
NEW OUTLET FROM THE WEST TO THE SEA,
magnines 1t into one OF national consequence and In
extensive through trafnc from the day Of
its completion; while, in the development OF the
tensive agricultural and mineral OF Virginia
and West Virginia. IT possesses along Its line the
elements Of large and profitable local business.
Thus the great interests, both general and local
which demand the completion OF the cHEsArEAKr
ONO RAnRoAD to the Ohio river, anori the
surest guarantee Of its success ana value. and
DERu
THE MOST IMPORTANT AND SUBSTANTIAL
RAILROAD ENTERPRISE
SOW IN rrooRFss IN THIS COUNTRY.
Ib g.. -~ior,y East aud wes, as'e,saa The
promise OF nR imu 7se tablet trade awaiting It's
completion. have drawn TO tho attention aad co0p.
eIauon OF prominent Capitalists ana railroad moa Of
this City, OF sound ludsmeut ana known integrity,
Whose connection with 1t, Together with thht Of cru
ncnt citizens aud business OF Virginia aud wcai
Virginia .usurcs energetic honorable and success
ful management.
TIE EoAp IS COMPLETED AND n OPERATION
from Richmond to The celebrated White Sulphur Spring,
ol Yves; Vlr-ria o., wcs. and there rcns'n but &c
miles mcw PARTIAL. cou....o.ci1 20 tc mplsci, tc
carry It % the propose terminus on tlc Ohio aver at
or Loar the r.. .n @. Cue e early river, IN mlcs
o.,,e { .le aaa,i. -ad go u.!.. below Pittsburgh.
a4d koliur - 20 .l.s gort which Will
CONNECT the CHEsapEAKE AND ONO
Win the ESTIEE RAILROAD SYSTEM
or TIE WEST AHD SOUTHWEST.
AND WITH THE PACIFIC RAILROAD.
I's valuable franchises and superior advantages VIII
place the CHESAPEAKE AND ONO EuLSoAD COMPANY
among tic richest and most rowcrlul and trustworthJ
cliroratons OF the Country; AND Tnsrr EXISTS
PRESENT VALUE II COMPLETED ROAD AND woHT DoSE
fSvAL TO THE rSrrEE AMOUNT OF THE MORTGAGE.
TIE DETAILS OF TIE LOAN
have been arranged with special reference 10 the wan
Of all classes OF Investors, and combine the VA lou
features Of convenience SAFETY and protection against
ioss o. fraud.
The bonds are in denominations OF
ONE THOUSAND DOLLARS,
FIVE HUNDRED DOLLARS. AND
ONE HUNDRED DOLLARS
They win be issued as Cougon Bonds, payabIe "a
Bearer, ani may be held in tina; form or
The bond may be registered in the name Of the owner
with the coupons remaining TO bearer attached
the principal being theL transferable only on the boon
OF the Company, unless rcasslgned to bearer or
The coupons may be detached aud cane he'd thu
bond made
PERMANENT REGISTERED BOND,
transferable only on the booss OF the Company md tn,
interest made payable only the registered owner Oh
his attorney
The three classes will be known respectively asi
let. coupon Eonds paya5le 70 Eedyer"
"a. Registered bonds uin CosDons attached"
Sd. Registe,ed Bonds rHh Coupons de;ached," and
should be designated by Correspondents IN specify
ing the class OF bonds desired.
THEY HAVE THIRTY YEARS TO RUN from Jan
49, 1870 with interest At six rer cent per annun from
Nov. /, 1869 PRINCIPAL AND INTEREST PAYADLEn IN
GOLD IN TlIE CITY OF NEW YorK.
The interest payable IN MAY and NOVEMBER, thai
II may take the place OF that OF the earlier issues OF
lNcTweutes. md suit the convenience Of our nleudi
who already hold Central and Western Pacific Bonds,
with interest payable IN January and July. and WAC
may desire, in making additional Investments, to have
their interest rece. able different seasous OF IN,
year
The Loan is secured ~ q mortgage upon the cntir,
Line OF Road from Richmond to the OHIO River, VIII
tue equipment and all other property and appurtcnan
ces connected Herewith.
A SINKING FUND or 100000 PER ANNUn
Is PROVIDED FOR REDEMPTION or rnr BoSps, re
TAKE ErEEcT oSE YEAR Al gkR TuE COMPLETION oFTuI
ROAD.
The mortgage is for sl5.OoOOO OF which e. sOOOOOvm
be reserved and hello IL trust FOR the redemption Of out
standing Bonds OF the VFgiaia Central Railroad con-
bang, now msrsso IN the CHEsArkAEK AND ONO.
or the remaining siSOOO,OOO. sualcent amount wia
be sold 10 complete the road Sls ohio River pee
feet aud improve tbs portion Do9 IL operation. su1
thoroughly EQUIP ths whole for q la7gs and actlu
traflc,
THE PRESENT PRICE n sisETY
and accrued Interest.
Loan 80 amply secured, so carefully guarded, ant
30 certain hereafter to conmsnd prominent place
among the ayorte securities In the markets. both OF
this country and Europe. will be st once appreeatse
and quickly absorbed.
Very respectfully,