The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1870-03-24
First Mortgage Bonds
Chesapeake and Ohio Rail-
road Company.

Iho IhoSupcdAe utu Ohto hdttTodd, connecting
the Atlantic coast and the magnificent harbors
Of the Chesapeake Bay with the OHIO River at
point Of reliable navigation, and thus, with the
entire Railroad system and water transportation
OF the great West and Southwest, forms the
additional RasI and West Trunk Line,
so imperatively demanded for the accommodation
of tho immense and rapidly. growing tran,porta-
ton between the Atlantic SeAboArd and Europe
on the one hand, and great producing regions Of
the Ohio and Mississippi Valleys on tho other.
The importance Of this Rsad as q
new ouIIet from the West 20 tho sea
nagnihes IL into one OF national conseQ Quenco,
and insures 10 IL an extensive through trathc
| from the day Of its completion; while, In the
development Of tie extensive agricultural aud
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 Quo RAILROAD TO the Ohio
River, afford the surest guarantee Of its suocess
and value, and render 10 the most impor-
iant and substantial RaiIroad enter
prise now in progress IN this CsuntFy.
Its superiority as an East and West reuto,
and the promise Of an immense and profitable
trade awaiting its completion. have drawn TO Il
the attention and cooperation Of prominent
Capitalists and Railroad men Of this City Of
sound judgment and known integrity, whose
connection with It, together with that OF emi.
nent citizens and business men OF Virginia and
| West Virginia, insuPes nm energetic, hOn-
orable md successful mann cement
The Road Ia completed and In operation from
Richmond TO the celebrated White Sulphur
Springs Of West Virginia, 81 miles. and there
remain but 200 miles (now partially constructedD
to be completed, to carry II to the proposed ter.
minus on the Ohio river at, or near, tho mouth
Of the Big Sandy river, 100 miles above Clncin
natl, and $50 miles below PIttsbufg.
Lines arc now projected CT progress through
Ohio and Kentucky TO this point, which will
connect tho Chesnpenke and Ohio with
the entire RaiIrond SysIenis OF the West
and sSuthwest, and with the Paeine
Railroad.
Its valuable franchises and superior advsn
tages will place tho G HEsArEAKE AND ONO
RAILROAD CoHrASr 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 THE MORTGAGE.
The details Of the Loan have been arranged
with special reference 10 the wants Of all classes
of investors, and combine the various features
Of convenience, safety, and protection against
loss OF fraud.
The Bends are in denominations Of
$1,000, $500 and 800.
They will be issued As Coupon Bonds pdyaIk
10 Bearer, and may be held In that form; OF
The Bond may be yegisfeTed In the name Of tho
owner, with the coupons remaining payable 10
bearer attached, the principal being then trans.
ferable only on the books Of tho Company,
unless re-Assgned 10 bearer or
The coupons may 10 detached and cancellsd,
the Bond made . permanent Regsteyed Bond,
transferable only on the books Of the Company,
and the Interest made payable only TO the pog.
istered owner or his attorney.
The three classes viii be known respectively
as:
IsL "CsuPon Bonds payable 10
BeaPeT0
I'D. "RegisIered Bends with Coupons
aIIaehed.D
I'D. "ReEistesed Bonds with Coupons
detaehed," and should be 20 designated By
Correspondents In specifying the class Of Bonds
desired.
They have THIRTY YEARS to run from
January Is, ls7O. with interest at sir per cent
per snnum from November !, 1862. PRINCIPAL
AID DTEREsT PAYABLE IN GOLD IN THE CIT ~
sEW.TsRk.
Tho interest Is payabls In MAJ and HoyKSBEn.
that It mSy take the place Of the earlier Issues
Of Fi'eTwentieS. and suit the cenvsnienos oi
our friends who already hold Central and West.
srn Pacific Bonds, with interest payable In Jan.
uAry and July, and who may dssire, In making
additional investments, 70 hAYs thsif intsrss,
receivable 90 different seasons Of the year.
The Loan is secured by mortgage upon the
eutire Line Of the Road from Riehmsnd 10 ths
Ohio River. with the equipment and al Other
property and appurtenAnces connected thsrs-
with.
A SEKBS FuxD oT 10000 PEE AUTN n
; PRoyIDEB Yoz TBE RIDENPTIoS on THE bonds,
TO TAKE EFTEcT oxE TEAs AyTEE TBE ooifPLE.
o nox on THE ROAD.
The mortgage 10 for sis.oooyos. Of which
q go 600 win bs reserved snd held In trust for
the redemption Of outstanding Bonds Of sbs
Vfrginia Central Railroad Company, nov merged
In the CHEsAPEAKE AID OHIO.
OF the remaining tl3.ooooOo, q sudden.
amount win be soId 10 complete the road 70 The
Ohio river, psrfect and improve the portion nos
in operation, and thoroughly equip the vhoI.
for large and active trAfhc.
The present pries IL % and accrued lntsrast.
A Loan % amply secured, % carefully guard
ed, and 90 certain hereafter to command prom
inent place among the fAVorits securities in The
nArksts, both Of this Country and Europe, viii
be at once appreciated and quickly sbsOrbed.
Vsry respscffuily