Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1870-03-24
OFFICE OF FISK & HATCH,

OFFICE OF FISK & HATCH,
BANKERS AND DEALERS IN GOVERN.
MENT SECURITIES,
No. Nassau Street, New York,
Feb. 18th. 1879.
The remarkable SUCCESS which attended our L.
getiation of the Loans Of the Central Pacific
Railroad Company and the Western Pacific Rail.
road Company, and the popularity and cre5i.
which these Loans have maintained in the mar.
kets, both in this country and Europe, hars
shown that the First Mortgage lnds Of wisely
located and honorably- managed Railroads are
promptly recognized and readily taken as tbe
most suitable safe, and adva atagsOus form Of H.
vestment, yielding a more liberal income than
can hereaf.er be derived from Government BUn5s
and available TO take their place.
Assured that, in the selection and negotiation Of
superior Railroad Loans, are meeting gres.
public want, and rendering valuable service
both TO the holders of Capital and TO those great
National works Of internal improvement whose
intrinsic merit and substantial character entug
them to the use Of Capital and the confidence Of
investors-we now offer with special cOnf5eueg
and satisfaction the
FIRST MORTGAGE BONDS OF TEE CHS
APEAKE AND OHIO RAILROAD
COMPANY.
The Chesapeake and Ohio Railroad, connecting
the Atlantic coast and the magnificent harbUr G.
the Chesapeake Bay with the Ohio River q
point Of reliable navigation, and thus, with thz
entire Railroad system and water trans aortatio-
of the great West and Southwest, FORMS TIE
ADDITIONAL EAST AND WEST TRUEE
LINE, so imperatively demanded for the accom-
mediation of the immense and rapidly-groWing
transportation between the Atlantic seaboarl
and Europe on the one hand, and the great uT0-
ducing regions Of the Ohio and Mississippi Va
leys on they other.
The Importance Of this Road az a new Quite
from the West 70 the magnities 1t into one o.
national consequence, and insures TO It an exten-
sive through traffic from the day Of its c0mpla-
ton while, in the development of the extensive
and West-yirginia, If possesses, along its oEn
line, the elements Of large and profitable Local
business.
Thus the great INTEREST," both general and d.
cal, which demand the completion Of the Ches4
peake and Ohio Railroad to the Ohio River, az
ford the surest guarantee of its success and value
and render 1t toe most i'm portant and substant54
I D.,1 ,aI in
try.
Its superiority as an East and West route, al.
the promise of immense aud profitable trad.
awaiting its completion, have drawn 20 It the a.
tention and cooperation Of prominent Capitals.
ana Railroad men of this City Of sound judy
ment and known integrity, whose eoEnecaal
with it, together with that Of eminent citizen
and business men Of Virginia and West-V irginis
lnsures an energetic, honorable, and suecessiu.
management.
The Road = completed and IN operation iron
Richmond 70 the celebrated White suipbur
Springs of West-Yrginia, 227 miles and tha.
remain but 200 miles now partially construct.
TO be completed, TO carry it to the proposed ter
minus on the Ohio river at OF near, the mouth o.
the Big Sandy river, $50 miles above Cincinnati
and $50 miles below Pittsburg.
Lines are now protested or ia progress through
Ohio and Kentucky to this point, which will con
meet the Chesapeake and Ohio with the entiT=
Railroad systems Of the West and Southwest.
and with the Pacific Railroad.
Its valuable franchises and superior advanta-
ges will place the Chesapeake and Ohio Railroad
Company among the richest and most powerful
and trustworthy corporations Of the country
and there exists present value, in completed
road and work done, equal to the entire anoun1
of the mortgage.
The details OF the Loan have been alTaugs1
with special reference TO the wants of all class
of investors, and combine the various features ol
convenience, safety, and protection against los
or fraud.
The Bonds are in denomina d ms Of
$1,000, $500 and 500.
| They will be issued as Coupon Bonds, payable
TO Bearer, and may be held n that form; or
! The Bond may be registered IN the name Of u
owner, with the coupons remaining payable 70
bearer attached the principal being then trans
ferable only on The books of the Company. unless
re-assigned to bearer; or
The coupons may be detached and cancelled.
the Bond made q permanent Registered BOND,
| transferable only on the hooks Of the Company
and the interest made payable only 10 the regis
tered owner OF his attorney.
The three classes will be known respectively
LIST, Coupon Bonds payable to bearer
ID. Registered Bonds With Coupons attaahs5.-
80. Registered Bonds with Coupons detAeh-1,
and should be so designated by Correspondent 70
specifying the class Of Bonds desired.
They have Thirty years to run from JauualI
Is, 1870 with interest at six Per cent Per anHuH
from November l, 1869. Principal and inter-.
pay able in Gold in the city of New York.
The interest is payable IN May and NoyemtaI
that it may take the place Of that Of the Garlic
issues of Five-Twentics, aud suit the convenleres
Of our friends who already hold Central sr-
Western Pacific Bonds, with interest payable lu
January and July, and who may desire, IN max
ing additional investments, TO have their il.aest
receivable At different seasons Of the year.