Litchfield enquirer., 1870-03-31
Office of FISK & HATCH. BANKERS AND DEALERS IN GOVERN.
 MBNI SECURITIES,

Company, and the popularity and credit which these Loans have main taiaed in the market both in this country and Europe, have shown that the First Mortg age of wise ly-loeared aud honorably managed Raj lroads are promptly recognised and readily taken as the most suitable, safe, and advantageous form of investment, yeilding more liberal income than can hereafter bs derived from Government Bonds, and available to take their place.
 Assured that, in the selection and negotia- tion of superior Railroad Loans, We are meet. ing great public want, and rendering val uable service-both to the holders Of Ca pital and tv those great National works of internal improvement whose Intrinsic merit and sub staLtial character entitle them to the use of Capital and the confidence of investors-we now offer with special confidence and satisfac. tion the FIRST MORTGAGE BONDS
 CAesopeaks aud Ohio Raisvad Company. Phe Chesapeake and Ohio Railroad connects the Atlantic coast and the magnificent harbors of the Chesapeake Bay with the Ohio River at a point of reliable navigation, and 1 thus, with the eDtire Railroad system and wa ter transportation of the great west and south west, forms the additional east and west trunk line, So imperatively demanded for the accom-. notation of the imm mense and rapidly-growing transportation between the Atlantic seaboard and Europe on the one hand, and the great producing regions of the Ohio aud Mississippi Valleys on the other.
 The importance of this road as a new outlet from the West to the sea magniGes itinto one of national consequence, and insures to it an extensive through traffic from the day of it's completion; while in the development of the extensive agricultural and mineral resources of Virginia and West Virginia, it possesses, along its own line. the elements of large and profitable local business.
 Thus the great Interests, both general and local, which demand the completion of the Chesapeake and Ohio Railroad to the Ohio River, afford the surest guarantee of its success and value. and render it the most important and substantial Rail. road enterprise now in progress in this Coln- try.
 Its superiority as an East and West route, and the promise of au immense and profitable trade awaiting it's completion, have drawn to it the attention and co operation of prominent Capitalists and Railroad men of this city of sound judgment and known integrity, whose connection with it, together with that of emil nent citizens md business men of vir- ginia and West Virginia, insures an en- ergetic, honorable, ,and successful management The Road Is completed and in operation rem Richmond to tue eelebr eted. White sul. phur Springs of West Virginia, 227 miles, and there remain but 200 miles (now partially constructed) to be completed to carry it to the proposed terminus on the Ohio river at, or near, the mouth of the Big Sandy River, l5o miles above Cincinnati, and $50 miles below Pittsburg.
 Lines ale now projected or in progress ut. which will connect the Chesapeake and Ohio Railroad systems of the West and Southwest, with the Pacific Railroad.
 Its valuable franchises and superior advan. tages will place the Chesapeake and Ohio Railroad Company among the richest and most powerful and trustworthy corporations of the country; and there exists present val ue, in completed road and work done, equal to the entire amount of the mortgage.
 The details of the Loan have bsen arranged with special reference to the wants ofall class es of investors, and combine the various fea. lures of convenience, safety, and protection against loss or fraud.
 The Bonds are in denominations of 5000, $500, and sl00.
 They will! be issued as Coupon Bonds, paya- ble to Bearer, and may be held in that form; :; or,
 The Bond may be registered in the name of the owner with the coupons remaining paya. ble to bearer attached, the principal being then transferable only on tho Company books. unless re assigned to bearer; or
 The Coupons may be detached and cancelled. the bond may be permanent registered bond, transferable only on the books of the Company, aud the interest made payable only to the reg istered owner or his attorney.
 The three classes will be known respectively as:
 1st. "Coupon Bonds payable to Bearer.'
 2d. "Registered Bonds with Coupons attach ed'
 sd. Registered Bonds with Coupons de- tached.' and should be so designated by Cor respondents in specifying the class of Bonds desired.
 They have thirty years to run from January l5, 1870, with interest at six per cent per an- nun from Nov. l. 1869. Principal and interest payable in gold in the city of New York.
 The interest is payable in May and Novem- Der, that it may take the place of that of the earlier issues of Five-twenties, and suit the convenience of our friends who already hold Central and Western Pacific Bonds, with sn. terest payable in January and July, and who may desire, in making additional investments. to have their interest receivable at different seasons of the year.
 Inc Loan is secured by a mortgage upon the entire line of Road from Richmond to the Ohio River, with the equipment and all other property and appurtenances connected there with.
 Sinking Fund of slOO, ,O0O per annum is provided for the redemption of the Bonds. to take effect one year after the completion of the Road.
 The mortgage is for s15. 5.OO0,00o. of which $2, ,OCO. 600 will be reserved and held in rust