The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1870-03-08
First Mortgage Bonds
Chesapeake and Ohio Rail-
road Company.
OF IHK


The Chesapeake aud Ohio Rdirodd connecting
the Atlantic coast and the magnificent harbors
Of the Chesapeake Bay with The Ohio River At q
point Of reliable navigation, and thus, with the
entire Railroad system and water transportation
OF the great West and Southwest, forms tho
additional RasI aud West Trunk Linc,
50 imperatively demanded fer the accommodation
of the immense and rapidly growing tran'porta-
ton between the Atlantic seaboard and Europo
on the one hand, and great producing regions OF
the Ohio and Mississippi Valleys on the other.
The importance or ihIs Road as
new outlet from Ihe Ncst 20 the sen
na .niRss is into one Of national consequence,
and iusures TO 1t an extensive through uadio
from the day Of its completiori while, in the
development OF tie extensive agricultural anG
mineral resources OF Virginia and West Virginia,
it 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
CuEsAPEAKR AND ONO RAILROAD 10 the Ohio
hlNtF, aIOIu the nuItal guarantee VI lta buttcHF
and value, and render Ii the moSI impoT-
InBI and substantial RaiIToRd enter
prise now in progress IN this Country.
It's superiority AS an East and West route,
and the promise Of an immense and profitable
trade awaiting ia 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 emil.
uent citizens and business men Of Virginia and
West Virginia, iusures AN energetic, hon
orabIe md successful management.
The Road is completed and In operation from
Richmond 10 the celebrated White Sulphur
Springs of West Virginia ~ mles aud there
rcmaia but 200 miles (now par TALLY cOnstructsdl
to bs completed to carry IL 10 the proposed ter.
minus on the Ohio river A. or near, tho mouth
of the Big Sandy ri7cr 80 mile, above CiEoia
natl, and $50 miles below Pittsbarg.
Lines are now projected CT progress through
Ohio and Kentucky 10 this point, which will
connect the ChesapeRLe and Ohio With
the entire RaiIroad sysien. OfThe wcsI
and sOuIhwcst, md with the Pacific
RaiIrond.
Its valuable franchises and superior advan
tages will place tho CHEsLrEIKE AID ONO
RAILROAD CoMPASr among tho richest and moEt
powerful and Trustworthy corporations Of the
country AND THERE EXISTS A PRESENT
VALUE. IL COMPLETED ROAD AND
WORK DONE, EQUAL TO The ENTIRE
AMOUNT OF THE MORTGAGE.
The details Of the Loan have been arranged
with special reference 20 the wants Of all classes
Of investors, and combine the various features
of convenience, safety. and protection against
loss or fraud.
Tho Bends are In denominations Of
$1,000, $500 and 500.
They will be issued ~ Coupon B0nds, pdyaLI
10 Bedyey, and may be held IN that form; or
Tho Bond may he rSyistcr,d in the name Of the
owner, with tho coupons remaining payable TO
bearer attached, the principal being then trans.
ferablo only on tho books Of tho Company,
unless re-assgned 70 bearer; or
The coupons may be- detached and cancelled
the Bend made a psyman,n, RsJia>Ted Bend
Transferable only on the books Of tho Company
and the interest made payable only TO the reg.
istersd owner or his attorney.
Tho three classes will bs known respectively
as:
IsL "Coupon Bonds payable 10
ReaTeTr
I'd. "RsEis,eEsd Bonds wiih Coupsns
aILached1
I'd. "ReKIsIered R0nds with Coupons
detached" and Ihoald bs 20 dssiEnsted BY
Correspondents In specifying tho class Of Bonds
desired.
They have THIRTY YEARS 10 run from
January IS, Is7o, with interest at ak per cent
per AnnuR from November /, 1862. PEIScpAb
AND INTEREST PATABLE IL GOLD IN TIE CIT o.
NEHIeKK.
The interest Is payable In MAY and soVnBEE.
that It may take the place Of the earlier bsnss
Of Fl'e-TWentisS. and suit the convenience Of
our friends who already hold Central and West.
eFn Pacific Bonds, with interest payable in Jan.
uAry and July, and who may desire in making
additional investments, 70 have their interest
receivable 81 different seasons Of the year.
The Loan Is secured BY nortElEs upon the
entire Line Of the Road from Richmond 70 the
Ohio River with the equipment and ell other
property and appuusBsnees o0nEsytd there
With.
A sNErx1 YusD on 10000 FEE AsSUN -
PEovIDES FoE THE EIDEEPTIos % 1HE Bonds.
TO TAKE EETEcT oSE TEAE AFTEE IHE coNPLE.
noS on TIE Road.
The mortgage Is for tlsOooOoo. Of whieh
a. 90 COOO will Be reserved and held In trust for
the redemption Of outstanding Bonds Of the
Viryinis Central RGgrOad Company. nov merged
in TIE CHEsLFEAKE AND OHIO.
or tho remaining t13.Ooo,OO0, . sufficient
amount win be SclI 70 eOnplsts the road 10 the
ohio river. perfect and Improve the portion now
in Oreratisn, and thoroughly tqaip TIE whole
f0F large and active trafi:.
The pTessHt price IL % and accrued Interest.
A Loan 30 amply secured, 80 carefully gard.
cd, and 90 esftAin hereafter 10 command prom
inent place among the izvonts securities In The
markets, both u this Country and Europe. VIII
be At OaoO appreciated and quickly absorbed
Very respectfully,
PISK * HATCH.
Bankers