Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1870-03-09

rived from Government bonus, anu aVa''a"'1
to take their place.
Assured that, in the selection and negotiation
of superior Railroad Loan, we are meeting
great public want, and rendering valuable
sarvicc-bo!h to tn holders Of Capital and ~
those great National works Of internal i'm
movement whose intrinsic merit and substan-
tisl character, entite them to the use OF Caplls'
and the confidence Of inyeators-We no" onef'
with special confidence and satisfaction, INC
FIRST MORTGAGE BONDS
OF THE
Chesapeake and Ohio Railroad GO
The Chesapeake and Ohio Railroad, connect
inc the Atlantic coast and the magnificent mar
bors Of the Che:s pcake Bay with the ONO NV
or at n point Of reliable navigation, ana lhIs'
with the entire Railroad system anu "ate'
TRANSPORTATION of the great West and Southwest
forms fI,n additional East anu west
Trunk Line, so ilnperstively demaaueu ho'
tho accomm odstion of the immense and rapidly
growing transportation between the Atlantic
seapourd and Europe on the one hand and the
great producing regions of the ONO ana Ml''
sissippi Valleys on tho other.
The importance of this Road as
new outlet from the West TO the sea
mscnifcs it into ona Of national consequence,
and insurcs 10 il m extensive through trsihc
from the day Of its completion while. in the
dovelopemenL Of the extensive agricultural ami
mineral resources Of Virginia and West var
glnia it possesses, along its own 'tG"' me e'7
ments of large aud profitable local business
Thus the great interests, botn general an" i"
,l,r1
col which dema ID the compilation ot the CAhs-
APEAKE OHIO RAILROAD to the Ohio hl''
er afford the surest guarantee OF It's success an'
valuo and render it the III Ost important
and substantial Railroad enterprise
now in progress in this country.
lis suporiority as an East and West route,
and the promise Of an immense and pr0hta9'e
trade awaiting its completion, have drawn /" II
the attention and cooperation OF prominent
Cspitalists and Rail- Dad men of this City, ei
sound Judgment and known integrity. whose
connection with it, together with that Of emil
nent citizens end business men Of Virginia and
Yves. Virginia, insures All energetic,
honorable md successful manage
ment.
The Road is mpicted and III operation from
Richmond to the celebrated White Sulphur
Springs Of West Virginia. 22I miles, and there
remain but ECO miles (now partially construct.
ed to be completed 10 carry it to the proposed
terminus on the Ohio river at. or near, the
mouth Of the Big Sandy Eiycr, $50 miles above
Cincinnati, and ESQ miles below Pittsburg.
Lines are now projected or in progress
through Ohio and Kentucky to this point,
which will connect the Chesapeake and Ohio
with the entire tali oai systems Of the West
and Southwest, ard with the Pacific Railroad
Its valuable franchises and superior advan-
tsecs will place the CHESAPEAKE AND OHIO
RAILROAD COMPANY among the richest Ehd
most powerful and trustworthy corporations OF
the country; and there exists a present value
in completed road and work dono, equal /" The
entire amount Of the mortgage
The details OF the Loan have been Arrange"
with special reference" TO the wants of all classes
of investors and combine the varions features
of convenience, safety and protection against
loss or fraud.
The Bonds arc in denominations Of
$1,000, $500 and 500.
They will be- issued as Coupon Bonds, pavabL'
to Bearer, and may be held in that form or
Tho Bond may bo registered in the name o!
the owner with the coupons remaining payable
to bearer attached. the principal being then
transferable only on the books of the Company,
unless reassigned to bearer; or
The coupons may be detached and cancelled,
the Bond made d permanent Registered Eo"H.
transferable only on the books Of tho Company,
and the interest made payable only to the ro-
gistered owner or his attorney.
The three classes will be known respectively
as
1st. COUPON BONDS PAYABLE To
BEARER"
I'd. "REGISTERED BONDS WITH COu.
PONS ATTACHED"
Sd. "REGISTERED BONDS WITH COU-
PONS DETACHED" and should be so desig
mated by Correspondents in specifying the class
Of Bonds de:lred.
They have THIRTY YEARS u !un from
January Is, 1870, with interest at six per cen!
per annum from November |, 1859. Pe1HcG-
PAL AND INTEREST PAYABLE TX GOLD in me
city Of New York.
The interest is payable in My and NCvkM-
Der, that it may take the place Of that of the
earlier issues Of Fivc-Twenlie3. mnd suit tho
convenience Of our friends who already mol Il
Central and Western Pacific Bonds, with inter
est payable in January nnh luIy, End VIII"
NAV desire in making additional lnvc5tmcai.
to have their interest receivable z. different sea
sons Of tho year.
The Loan is secured by mortgage upon We
entire Line Of ROlt from Richmond 10 the phi'
River with tho equipment and HI "ther Pt"P
erty and appurtenances connected herewith
A Sinking Fund Of 800 0oo per rnnum :.
provided for tho redemp:i.'u Of the bohas 10
take effect one year s'ter the completion o. ''o
Road. .,a,, .,;,,.
$4,000 200 will be reserved and held III trust lor
- aIo.an4;nn e mi ctnndinp Rnnts OF INC