The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1870-03-31
First Mortgage Bonds
OF IuE
Chesapeake and Ohio Rail-
road Company.

the Atlantic coast and the magnificent harboTs
oftho Chesapeake Bay with the Ohio Rivor at "a
point OF reliable navigation and thus, with the
entire Railroad system and water transportation
OF the great West and Southwest, forms thc
additional EnsI mud West Trunk Line,
so imperatiyely demanded FOR the accommodation
Of tho immense and rapidly. growing transportA.
ton between the Atlantic seaboard aud Europe
on the one hand and great producing regions OF
tho Ohio and Mississippi Valleys on the other.
The importance Of this R0ad ne n
new outlet from the West TO the sea
nagnfes 1t into one Of national consequence,
and iusures to 1t an extensive through tratio
from the day Of its completiOpi while, in tho
development Of TIE extensive agricultural and
mineral resources OF Virginia and West Virginia,
IL possesses along its own line, the elements OF
a large and profitable local business.
Thus the great interests, both general and
local, which demand tho completion OF tho
CgEsAFEAKE AND ONO RAILROAD TO the Ohio
River, afford the surest guarantee Of its success
and value and render % the piost impor-
Iant md substantial Railroad enter
prise now In progress In this Country.
Its superiority a. an East and West route,
and the promise OF an immense and profitable
trade awaiting It's completion, have drawn TO II
the attention aud cooperation OF prominent
Capitalists and Railroad men Of this City OF
sound judgment and known integrity. whose
connection with IL, togethar with that OF emf.
nont citizens and business men of Virginia and
West Virginia. inuurcs nm energetic, hon
| m "A fs,l |.
The Road ia completed and In operation from
Richmond 10 the celebrated White sulphur
Springs Of West Virginia gg7 miles, and thore
remain but 2OO miles (noW partially construotedj
TO be completed, to carry IL to the proposed ter.
minus on tho Ohio river At or near, the mouth
Of the Big Sandy river. $50 miles above Cinciu
natl, and $50 miles below Pittsburg
Lines are now projected or progress through
Ohio and Kentucky 10 this point, which will
connect the Chcsapcake and Ohio with
the entire RniIrond systems OF the West
aud Southwest, nnd with the Paeiae
RniIrond.
Its valuable franchises and superior Advan
tages will place tho q HEsArELKE AND ONO
RAILROAD CoNrANT among the richest and nost
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 70 the wants Of all olaAses
Of investors, and combine the various features
Of convenience. safety. and protection against
loss or fraud.
The Bonds are in denominations Of
$1,000, $500 and 500.
They will be issued aS Coupon B9ndI, payable
70 BeareT, and may DO held ia that form; or
Tho Bond may DO rsgistered In the name Of the
owner, with the coupons remaining payable 10
bearer attached the principal being then trans.
ferablo only on tho books Of tho Company,
unless re-assigned TO bearer; or
The coupons may DO detached and cancelled,
the Bond made permanent Registersd Bond,
transferable only On the books Of the Company,
and tho interest made payable only to tho reg.
istered owner or his attorney.
The three classes will 10 known respectively
as:
IsL Coupon Bond. payable 70
Bearer"
| ~ eA"efOA nohos WIN Sompons
nttnched.o
Sd. "ReEIsteTed Bonds with Coupons
detached," and should he 90 designated by
Correspondents In specifying tho class Of Bonds
desired.
They have THIRTY YEARS TO run ffom
January Is, ls7O, with interest at EI per cent
per Annum from November I. i5C9. PgNGPAL
1 ~ -
SEWToRK.
The interest Is payable in MAY and HoyENHEA
that II may take tho place Of tho earlier lssues
Of Fi'eTwentes, and suit the convenience Of
our friends who already hold Central and West.
ern Pacific Bonds, with interest payable In Jan.
uary and July, and who may desire, in making
additional investments, 70 have thsir interest
receivable At different seasons Of the year.
The Loan is secured by mortgage upon the
entire Line Of the Road from Riehmsnd 30 the
Ohio River. With the equipment and all other
property and appurtenanees connected there
with.
A SINKING FUxD oT 500, 900 PEK AsSUN n
PROVIDED PoR TIE RJDzNPTIos oY The BONDS,
TO TAKE EYYEcT oSE TEAE ATTEE TIE COMPILE.
Ton OF THE ROAD.
The mortgage is for ti5IooO.ooo, Of which
q OOO OOOO viii be reserved and held In trust for
the redemption Of outstanding Bonds Of the
Virginia Central Railroad Company, now merged
in tho CHEsIYEAKE AND OHIO.
OF tho remaining tls,VcyO 600, . sufficient
amount viii be sold 70 complete the road 70 tho
Ohio river, perfect and improve the portion now
in operation, and thoroughly equip tho whole
for large and active traffic.
The present price IL 20 and accrued interest.
Loan 20 amply secured. 30 carefully guard
ed, and 20 certain hereafter 10 command prom
insnt place among the favorite securities In the
markets. both Of this Country and Europe. viii
be at once appreciated and qsiekly absorbed
Vsrv reannrffnffv