The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1870-04-23
FIRST MORTGAGE BONDS
or THE
Chesapeake and Ohio Rail-
road Company.

system ana WdlSI transportation vi tllt SItit
West and Southwest, forms the addi-
tiOnaI East and West frank Line,
so imperatively demanded for the accom-
mediation of the immense and rapidly
growing transportation between the Allan
tic Seaboard 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 as u
new outlet from thclWcst TO the sen
magnflcs il into one Of national conse-
quence, and inSurcs To IL an extensive
through traffic from the day Of its compile
ton; while, in the development Of the ex-
tcnSivc agricultural and mineral resources
of Virginia ana 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 OHIO RAILROAD 10 the
Ohio River, afford the sureSt guarantee OF
its success and value, and render it the
most important and substantial
Railroad enterprise now in progress
I'm this Country.
and the promise of an immense and profit
able trade awaiting its completion, have
drawn To ii the attention and cooperation
Of prominent Capitalists and Railroad men
of this City Of sound judgment and known
integrity, whose connection with IT, togeth-
er with tlSat OF eminent citizens and bust
ness men Of Virginia and West Virginia,
m N Ia IN a
successful management.
The Road is completed and In operation
from Richmond To the celebrated White
Sulphur Springs of West Virginia, 227 miles,
and there remain but 100 miles NOW par
TALLY constructedD TO be completed, to carry
1t TO the proposed terminus on the Ohio
river ut, or near, the mouth of the Big San
dy river, l5O miles above Cincinnati, and 80
miles below Pittsburgh.
Lines are now projected or I'm progress
through Ohio and Kentucky 10 this point,
which will connect the Chesapeake and
Ohio with the entire Railroad sys-
TENS Of the West Rnd Northwest. and
with the Pacific Railroad.
Its valuable franchises and superior nd
vantages will place the CHEsAPEAKE AND
OHIO RAILROAD COMPANY among the rich
est and most powerful and Trustworthy cor
porations Ofthe country; and there exists
present value I'm 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 TO the wants OF all
pIaCSpSS of investors apI combine tho ,.o
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 the coupons re-
naming 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
celed, the Bond made n PERMANENT REC
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 he 80 desig-
mated by Correspondents I'm specifying the
class OF Bonds desired.
They have Thirty Years TO run from
January Is, 1870, with interest at nix per
cent. per annum from November !, 1869.
PRINCIPAL AND ISTEREsT PAYABLE IN
GOLD IN THE CITY OF NEW YORK.
The interest is payable In MAY and No
VENEER, that 1t 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 Jolly.
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
wv SAbht LINT vi inc ISOhu ITOITl ftlGillflODO
to the Ohio River, with the equipment and
all other property and appurtcnanceS con-
nected Herewith.
a SINKING FUND OF $4,000 PER ASHUN
Is PROVIDED FOR THE REDEMPTION or THE
Bonds, TO TAKE EFYEcT ONE YEAR AYTgR
THE COMPLETION OF THE ROAD.
The mortgage Is for sI5,000,OOO, OF which
S2,00O,0OO will be reserved and held in trust
for the redemption OF outstanding Bonds of
the VIRGINIA CENTRAL RAILROAD CON-
PASY, now merged into the CIEsAPEAKE
AND OHIO.
OF the remaining sl3,OOO,OOO, a sufficient
amount viii 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 80 and accrued interest.
\ Loan 80 amply secured, 10 carefully
guarded, and 50 certain hereafter to COM
mand prominent place among the lavorite
securities in the markets, both ofthis Coun-
try and Europe, will be at once appreciated
and quickly absorbed.
Very respectfully,
FISK a. HATCH,