The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1870-02-28
MISCELLANEOUS.
Office of FISK & HATCH,

9TH in this country and Europe, have shown tina
lie FIRST Mortgage Bonds of wisey-located and hon
'ably managed Railroads are promptly recognized
nd readily taken as the most suitable, safe and al
antaseous form of investment, yielding more lib
raj income than can hereafter be derived rom
Government Bonds, and available to take their
lace
Assured that in the selection and negotiation of
A''ii'0ad Loans, we are meeting a great
puohc want and rendering a valuable service
both to the holders of Capital and to those great
National works of internal improvement whose In.
rinsic merit and substantial character entitle them
10 the use of Capital and the confidence ct investors
we now offer with special confidence and ratIsfae-
tlon the
FIRST MORTGAGE BONDS
AID Ohio Railroad Company.
The Chesapeake and Ohio Railroad, connecting the
Atlantic coast and the magnificent harbors Of the
Chesapeake Bay with the Obi, River at point Of re-
liable navigation, and thus. with the entire Railroad
system snd water transportation of the great West
and Southwest, forms the additional Eass
nud West Trunk Lime, 50 impsratively de-
manded for the accommodation of the Immense and
rapidiy-growing transportation between the Allan.
tic 'ea-bcard and Europe on the one hand, and the
great producing regions OF the oL,o and Mississippi
Valleys on the other
The fmpo rtance of this Road as q new
ousies from the West to the sen maguiaes 4,
into of national and insures toit an
extensive through traffic from The day OF its compile
ton; v bile in the development Of the extensive sg
ric1ltu.al and N neral iesources OF Virginia and
WestVirginia, 1t possesses, along its own line the
elements of a large and profitable local business.
Thus the great interests both general and local,
which demand the completion OF the engs. rE1xs
AND ONO RAILROAD to the Ohio River, afford the
surest guarantee OF its success and value and rem
der IL the most imperians and suSstansial
Railroad enterprise now in progress In
THE Country.
Its superiority an East and West route. and the
promise of an immense and profitable trade await
ing Its completion, have drawn to IT the attention
and cooperation of prominent Capitalists and Rail-
road men OF this City OF sound Judgment and known
integrity, whose connection with It, together with
that of eminent citizens and business men of Viz
ginia and west-virgnia, insures an enersesic,
honorable, and successfal mana cement.
The Road is completed and in operation from
Richmond to the celebrated White Sulphur Springs
OF west.virsinia, 2z7 miles, and there remain but
200 miles tnow partially construeted to be compile
ted, to carry it to the proposed terminus on the Ohio
river at near the mouth of the Big Sandy river.
$50 miles above Cincinnati $50 miles below Pitts
burg.
Lines are now projected or in progress through
Ohio and Kentucky to this point which will connect
the Chesapeake and Ohio 18th tho entire
Railroad systems Of the West and South
west. and with the Pacific Railroad.
Its valuable franchises and superior advantages
will place the CHESAPEAKE AND OHIO RAILROAD
CnMpASv onanns tho riahast and most powerful ana
trustworthy corporations Of tho country; ana
there exists present value, In completed
read and work done, equal to The entire
amount Of the mortgage.
The details OF the Loan have been arranged with
special reference to the wants of all classes OF invest
ors, and combine the various features OF convenience
safety and protection against loss or fraud.
The Bonds are in denominations of To-.
$1,000, $500, and 800.
They viii be issued as COUPON Bosps, payable to
Bearer. and may be held in that form; or
The Bond may be registered in the name Of tho
owner, with the emalnins payable TO bear
er attached the principal being then transferable
only on the books of the Company, unless rs-assgn-
ed to bearer; or
The coupons may be detached and cancelled, the
Bond made permanent Registered Bond transfsr-
able only the books Of theCompsuy and the inter.
est made payable only to the registered owner OF his
attorney.
Three classes will be known respectively ash,
1st. "Coupon Bonds payable 20
Bearer.o -.
2ad. sResisrered Bond. with Coupsns
atiacbed.~
3D. "Resisteted Bonds with Ceupons
de'achcd," and should be so designated by cor.
respondents in specifying the class OF Bonds desired
They have sht, ~ years to run from January 10,
1870, with interest at six per cent per annum from
November I, 1909, Principal and Inter est payable N
GOLD in the City of New York.
The interest is payable In MAY and NOVEMBER,
that it may take the place of that Of the earlier is
sues OF Five-Twenties, and suit the convenience OF
our friends who already hold Central and Western
Pacific Bonds, with interest payable In January and
July, and who may desire, in making additional In
vestmenis, to have their interest receivable az dsr-
ent seasons of the year.
The Loan is secured by mortgage uron the en-
tire line of road from Richmond to the Ohio River.
with the equipment and all other property and ap-
purtenances connected Herewith.
A Sinking Fand Of 100000 per annum 10 pro.
0id dfor the redemption Of The Bonds, 10 take eject
one year qtter the completion Of the road
The mortgage is for $50 900 900, ofwhich s2oco,too
will be reserved and held IN trust for the redemp-
tion OF outstanding Bonds OF the Virginia Central
Railroad Company, now merged in the CuEsA-
PEAKE AND OHIO.
OF the remaining $4,000, COO. sufficient amount
will be sold to complete the road to the Ohio river
perfect and improve the portion now in operation.
and thoroughly eouin tha rvhala s,r , I,rco ,na an