The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1870-04-25


merit and substantial character entitle them
to the use of Capital and the confidence Of
inveStors-we now offer with special CONF
dence and satisfaction the
FIRST MORTGAGE BONDS
OF THE
Chesapeake and Ohio Rail-
road Company.
THE CHESAPEAKE AND OHIO RAILROAD,
connecting the Atlantic coast and the mag
niticent harborS ofthe Chesapeake Bay with
The Ohio River nj Il point of reliable navi-
cation, and thus, with the entire Railroad
system and water transportation ofthe great
West and Southwest, forms the addi-
tiOnaI East and West Trunk Line.
10 imperatively demanded for the accom-
mediation Of the immense and rapidly
growing transportation between the Allan
Tic scaboard 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 ~ u
new outlet from theiHest 10 the sea
magnifies it into one of national conse-
qucncc, and insurcs to il an extensive
through traffic nom the day OF its compile
ton; while, in the development Of the ex-
tenSive agricultural and mineral resources
OF Virginia and West Virginia, II 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
CHESAPEAKE AND OHIO RAILROAD to the
Ohio River, afford the sureSt guarantee Of
its success and value, and render 10 the
most important and substantial
Railroad enterprise now im progress
i'm this Country.
Its superiority as an East and West route,
and the promise Of an immense and profit
able trade awaiting its completion, have
drawn tOit the attention and cooperation
Of prominent Capitalists and Railroad men
of this City OF sound Judgment and known
integrity, whose connection with 1t, tOgeth-
er with that of eminent citizens and bust
ness men of Virginia and West Virginia,
insures an energetic, honorable and
successful management.
The Road is completed and in operation
from Richmond To the celebrated White
sulphur Springs of West Virginia, 27 miles
and there remain but 20 miles now par
TALLY constructetD to he completed, TO carry
ii to the proposed terminus on the Ohio
river at, or near, the mouth Of the Big san
dy river 80 miles above Cincinnati, and 80
miles below Pittsburgh.
Lines are now projected or in progress
through Ohio and Kentucky TO this point,
which will connect the Chesapeake and
TENS Of the West and Southwest, and
with the Pacific Railroad.
Its valuable franchises and superior adj
Vantages will place the CHESAPEAKE AND
OHIO RAILROAD COMPANY among the rich
est and most powerful and trust worthy cor
porations the country; and there exists
present Vnlue In completed road
and work done equal To the entire
amount of the mortgage.
The details of the Loan have been arrang-
ed with special reference to the wants OF all
classes Of investors, and combine the va
rious features iof convenience, safety, and
protection against loss or fraud.
The Bonds are i'm denominations Of
$1,000, $500 and 800.
They will be issued as COUPON BONDS,
PAYABLE TO BEARER, and may be held in
that form; or
The Bond may be REGISTERED In the
name Of the owner, with tho coupons re-
manning payable TO bearer attached. the
PRINCIPAL being then transferable only on
hebooks Of the Company, unless re-assign-
cd to bearer; or
The coupons may be detached and can
celed, the Bond made n PERMANENT REG
IsTERED BOND, 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 he known respect
lively as:
LIST. Coupon Bonds payable 10
Bearer
I'd. Registered Bonds with Cou-
POns attached"
3D.. Registered Bonds with COu.
pOns detached" and should I've 80 deSIg-
mated by Correspondents in specifying the
class of Bonds desired.
They have Thirty Years Ia run from
January Is, 1870, with interest at six per
cent. per annum from November !, 1863.
PRINCIPAL AND INTEREST PAYABLE IN
GOLD IN THE CITY OF NEW YORK
The interest is payable in MAY and No
VENEER, that it may take the place OF the
earlier issue 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
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 appurtenances con-
nected Herewith.
A SrNKING FUND OF $4,000 PER AENUM
Is PROVIDED FOR THE REDEMPTION or TIE
BONDS, TO TAKE EFFECT ONE YEAR AFTER
THE COMPLETION OF THE ROAD.
The mortgage Is for 100000, Of which
100000 will he 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, a 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 traffie.
The present price Is 90and accrued interest.
A Loan 50 amply secured, 10 carefully
guarded, and 10 certain hereafter To COM
mand a prominent place among the favorite
securities I'm the markets, both Of this Coun.
try and Europe, will be at once appreciated
and quickly absorbed.
Very respectfully,
FISK & HATCH,