The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1870-04-20
FIRST MORTGAGE BONDS
OF THE
Chesapeake and Ohio Rail-
road Company.


OF THE
Chesapeake and Ohio Rail-
road Company.
THE CHESAPEAKE AND OHIO RAILROAD,
connecting the Atlantic coast and the mag
nificent harbors ofthe Chesapeake Bay with
the Ohio River ut IA point OF reliable navi-
cation, and thus, with the entire Railroad
| system and water transportation ofthe great
| West and Southwest, forms the nddi-
| tiOnaI East and West Trunk Line,
so imperativcly demanded for the accom-
mediation of the immense and rapidly
growing transportation between the Allan
| tic seaDOard and Europe Oh the one hand,
and the great producing regions of the Ohio
and Mississippi Valleys on the other.
The importance OF this Road M a
new outlet from ihe.West 10 the sen
magazines 1t into one OF national conse-
qurncp, and insures To II an extensive
through traffic from the day Of its compile
| ton; while, in the development Of the eN-
! tenSivc agricultural and mineral resources
OF Virginia and 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 ONO 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 I'm 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 to IL the attention and cooperation
of prominent Capitalists and Railroad men
of this City Of sound judgment and known
| integrity, whose connection with II, togeth-
| or with that OF eminent citizens and bust
ness men of Virginia and West Virginia,
inSurcs an energetic. honorable md
successful management.
| The Road l. completed and I'm operation
| from Richmond To the celebrated White
Sulphur Springs of West Virginia, 2T miles,
and there remain but 800 miles now par
TALLY constructed) to be completed, to carry
IL TO the proposed terminus on the Ohio
river Mt, or near, the mouth OF the Big San
dy river, 80 miles above Cincinnati, and 30
miles below Pittsburgh.
Lines are now projected or In progress
| through Ohio and Kentucky 10 this point,
which will connect the Chesapeake and
Ohio with the entire Railroad sys-
tcnlS OF the West and SOuthWes and
with the Pacific Railroad.
us valuable franchises and superior nd
vantagcs will place the CHESAPEAKE AND
| OHIO RAILROAD COMPANY among the rich
est and most powerful and trustworthy cor
porations ofthe country; and there g n lists
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-
ell with special reference 10 the wants OF all
classes Of investors, and combine the va
| rious features ,of convenience, safety, and
protection against loss or fraud.
The Bonds are In denominations OF
$1,000, $500 and 800.
They will be issued ~ CoUPoS BONDS,
PAYABLE TO BEARER, and may bc held In
that form; or
The Bond may be REGSTERED in the
name OF the owner, with the coupons re-
lllhlllllk W. lUt
PRINCIPAL being then transferable only on
the books Of the Company, unless re-asslgn-
cd To bearer; or
The coupons may be detached and can
celcd, the Bond made PERMANENT RIG
| IsTERED BOND, transferable only on the
books Of the Company, and the interest
made payable only 10 the registered owner
or his attorney.
The three classes will he known respect
lively as:
list. Coupon Bonds payable 20
Bearer"
I'd. Registered Bonds with COu.
pOns attached
3D.. "Registercd Bonds with COu-
pOns detached and should he so deslg-
mated by Correspondents I'm specifying the
class Of Bonds desired.
They have Thirty Years To run from
January II, 1870, with interest at six per
cent. per annum from November ], 1869.
PRINCGPAL AND INTEREST PAYABLE IN
GOLD ~ THE CITY OF NEW YORK.
The interest * payable In MAY and No
VENEER, that II 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, 10 have their interest receIva-
BILE nj different seasons Of the year.
The Loan Is secured by mortgage upon
the entire Line oftbe Rood from Richmond
to the Ohio River, with the equipment and
all other property and appurtenances con-
nected herewith.
a SINKING FUND OF $4,000 PER ANNUM
Il PROVIDED FOR THE REDEMPTION OF THE
Bonds, TO TAKE ETFEtT ONE YEAR AYTER
THE CoMPLETIOS or THE ROAD.
The mortgage Is for s15OOO,0OO, Of which
100000 win be 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 sIa0OO,OOO, a suffieieut
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 traffic.
The present price u 90 and accrued interest.
A Loan so amply secured, 10 carefully
guarded, and 80 certain hereafter TO COM
mand prominent place among the fayorite
securities in the markets, both Ofthis Coun-
try and Europe, will b. nc once appreciated
and quickly ABSORBED.
Very respectfully,