The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1870-04-28

merit ana SUBSTANTIAL character tltltle tHtili
To the use of Capital and the confidence OF
inveStors-we now offer with special conf
dencc and satisfaction the
FIRST MORTGAGE BONDS
OF THE
Chesapeake and Ohio Rail-
road Company.
THE CHEsAPEAKE AND ONO RAILROAD,
connecting the Atlantic coast and the mag
nificent harbors ofthe Chesapeake Bay with
the Ohio River at point OF reliable naVi-
CATION, and thus, with the entire Railroad
system and water transportation ofthe great
West and Southwest, forms the Rddi-
/ tiOnaI East and West Trunk Line,
80 imperatively demanded for the accom-
mediation of the immense and rapidly
growing transportation between the Allan
/ tic >raboard and Europe on the one hand,
and the great producing regions of the Ohio
and Mississippi Valleys on the other.
! The importance of this Road n
new OutIct from thclWeSt 10 the sea
magniticS ii into one OF national conSe-
quencc, and iuSuTeS To IL an extensive
| through traffic from the day Of its compile
ton; while, in the development of the eN-
tcnslye agricultural and mineral resources
OF Virginia and West Virginia, ii 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 ONO RAILROAD 10 the
Ohio River, afford the surcst guarantee Of
its success and value, and render IL the
most important and substantial
Railroad enterprise nov in progress
in this Country.
It's superiority ms an East and West route,
and the promise OF IN immense and profit
able trade awaiting It's 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 II, togcth-
cr with that Of eminent citizens and bust
ness men of Virginia and West Virginia,
insurcs an energetic. honorable and
successful management.
The Road is completed and in operation
from Richmond 10 the celebrated White
sulphur Springs of West Virginia, 2T miles,
and there remain but ~ miles now par
/ TALLY cOnstructedD To be completed, to carry
/ 1t To the proposed terminus on the Ohio
river at, or near, the mouth Of the Big San
| dy river, 80 miles above Cincinnati and $50
miles below Pittsburgh.
Lines are now projected or In progress
| through Ohio and kentucky 10 this point,
which will connect the Chesapeake and
I nlfn NNfnf. I'M RuE
TENS of the West and Southwest, and
with the Pacific Railroad.
Its valuable franchises and superior ad-
NuntagcS will place the CHESAPEAKE AND
OHIO RAILROAD COMPANY among the rich
est and most powerful and trustworthy cor
porations ofthc country; and there OK lists
present value In completed road
and work done equal 10 the entire
amount Of the mortgage.
The details of the Loan have been arrang-
ed with special reference 10 the wants OF all
classes of investors, and combine the va
rious features lof convenience, safety, and
protection against loss or fraud.
The Bonds are in denominations Of
$1,000, $500 and 800.
They will he issued as COUPON BONDS
PAYABLE TO BEARER, and may be held I'm
that form; or
Tho Bond may be REGISTERED I'm the
name of the owner. with the coupons re-
manning payable to bearer attached. the
PRINCIPAL being then transferable only on
the books Of the Company, unless re-aSSign-
ed TO bearer; or
The coupons may be- detached and can
ccled, the Bond made n PERMANENT REG
IsTERED BOSD, transferable only on the
books Of the Company, and the interest
made payable only TO the registered owner
or his attorney.
The three classes will be known respect
lively as:
LIST. coupon Bonds payable 10
Bearer"
2d. "ReEistered Bonds with COu.
pOnS attached"
3D.. Registered Bonds with COu-
pOns detached" and should be- 50 drsig-
mated by Correspondents I'm specifying the
class Of Bonds desired
They have Thirty Years to run from
January ID, 1870, with interest at six per
cent. per annum from November /, 1870
PRINCIPAL AND INTEREST PAYABLE IN
GOLD IN THE CITY or NEw YORK.
The interest Is payable in MAY and No
VENEER, that II may take the place of the
earlier issue Of Five-Twentics, 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
investments, TO have their interest receIva-
BILE at different seasons OF the year.
The Loan is secured by mortgage upon
the entire Line Of the Road from Richmond
to the Ohio River, with the equipment and
all other property and appurtenanoes con.
nected Herewith.
A SINKING FUND or $4,000 PER ANNUM
IS PROVIDED FOR THE REDEMPTION or THE
BONDS, TO TAKE EFFECT ONE YEAR AFTER
THE COMPLETION or THE ROAD.
The mortgage Is for sl5,OOO,000, OF which
100000 will be reserved and held in trust
for the redemption Of outstanding Bonds OF
the VIRGINIA CENTRAL RAILROAD CON-
PASY, now merged into the CHESAPEAKE
AND OHIO
OF the remaining 100000, sufficient
amount Will be sold TO complete the road
to the Ohio river, perfect and improve the
portion now in operation, and thoroughly
equip the whole for large and active traffic.
The present price Is 90 and accrued Interest.
4 Loan 80 amply secured. 80 carefully
guarded, and 80 certain hereafter 10 com
mand prominent place among the Glyorite
securities in the markets, both ofthis Couu-
try and Europe, viii be at once appreciated
and quickly absorbed.
Very respectfully,
FISK a. HATCH.