Staunton spectator. [volume] (Staunton, Va.) 1849-1896, 1870-03-29

so lmperatlvely demanded for the accommodation
OF the immense and rapidly-growng transporta-
ton between the Atlantic seaboard and Europe
oE Inc one hand and the great producing regions
OF the ONO and Mississippi Valleys on the other
THE IMPORTANCE
OF THIS ROAD AS A NEW OUTLET
FROM THE WEST TO THE SEA
magnlhes it into one of national consequence,
and lnsures to 1t extensive through traffic from
the day of its completion; while in the devel
opment of the extensive agricultural and mineral
resources OF Virginia and West Virginia, it pos
sesses along its own line the elements of n large
and profitable local business.
Thus the great interests, both general and To-
cal, which demand the completion of the CHEs-
APEAKE AND OHIO RAILROAD to the Ohio Riv-
En-, afford the surest guarantee of it's success and
value, and render it the
. MOST IMPORTANT
AND SUBSTANTIAL AILROAD ENTER.
PRISE NOW IN PROGRESS IN -z
xxx THIS COUNTRY.
Its superiority as an East and West route and
the promise of an immense and profitable trade
awaiting its completion, have drawn to it the at
tentlon and co operation of prominent CaDitaf
lists and Railroad men of this CITY of sound ;uda
mem and known integrity, whose connection
with it, together with that of eminent citizens
and business men of Virginia and West Virginia
INSURES AN ENERGETIC
HONORABLE, AND SUCCESSFUL
wv MANAGEMENT
The road is completed and in operation fro >,
Richmond to the celebrated White Subj m m
Springs of West Virginia, 227 miles, and n nur
remain but zoo miles (now partially constr, ,nted
to be completed, to carry it to the promo ~
OF 81
of the Big Sandy river $50 miles abor ( tiouCn
natl, and 800 miles below Pittsburg> 0i'i''n-
- Lines are now projected or ii pr og rass tbrorob
ohio ana AehSaeky 10 TINS point, which will con.
meet the chesar, cake and O,.,io with the
entire .sailroad SYSTEMS of the West
and Southwest, and with the Pacific
Railroad.
Its valuable franchises and superior adyanta-
ges will place the CHESAPEAKE AND OHIO RAIL
ROAD COMPANY among the riches and most pow
erful and trustworthy corporations of the coun-
try; AND THERE EXISTS A PRESENT
VALUE, IN COMPLETED ROAD AND
WORK DONE, Equal to the Entire
Amount of the Mortgage. 80
The details of the Loan have been srcpuoe,a
with special reference to the wants of all olassaS
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 SIOO.
They will be issued as Coupon. Ro,ds ~
10 Beare7', and may be held j., that form ay00ss
a. Inc e bond may De regis erred in the name n
to bearer ATTACHED th hpn ,,y;nc;naI q payable
transferable on the books Of The Oce ogr snen
The a." .gned to bearer; or
the p. yupons may be detached and cancelled
trs 1ond made pe1,nanemt Registered Bond
miserable only on the books of tie Company
and the interest made payable only to the regis
| tered owner or his attorney.
| The three classes will be known respectively
as:
MS Isl. COUPON. BONDS PAYABLE TO
p3 End ..RESEnGsISsTERED BONDS WITH coU--
3rd. sREGISTERED BONDS WITH COLI.
FONS DETACHED and should be so desig-
nated by correspondents in specifying the class
VI OonuS desired.
They have, THIRTY YEARS to run from
January 10, 1870, with interest at six per cent.
Per annum from November /. 1869. PRINCI-
P = I,4A \ pint IMTEREST PAYABLE IN GOLD
The interest is payable in MAY and Nae,x,,s
Der, that it may take the place of thai Of tho
earliest issues OF Flve-Twenties and suit the con.
". OF our friends who already hold Zen.
tral and Western Pacific Bonds. with I'm Sen
payable IN January and July, and wbr LIT
sire, IN making additional investmep< may ue.
the year. ent seasons OF
The Loan is secured by an ou4
entire Line of Road from F ;o Ibbrsgage upon the
niVer, WIN the equlpmep and all oth5s Oio
" ana appuftenanees &C INJECTED tberew;tb per
a SINKING Flu ND OF 100000 PER AN.
NUN Is PROV IDED FOR THE REpEMp.
TON OF TIE BONDS, TO TAKE EFFECT
ONE YEAR AFTER THE COMPLETION
OF TIE ROAD. i'on
., Che mortgage is for SIS, 600. 900 of which CO
oOoOO will be reserved and held in trust for H.
redemption of outstanding Bonds of the H;,.a;s,;o
central Railroad Company, now merged in the the
CHESAPEAKE AND ONO. - 'Ae
sufficient
nahount Will be sold to complete the road to the
nnao hlver, perfect and improve the portion now
IN operation, and thoroughly equip the whole for
large and active traffic
Inc present price is 80 and accrued interest.
a Loan so amply secured, so carefully guard
eo, and so certain hereafter to command prom
lnent place among the favorite securities in the
market, both of this Country and Europe, will
be at once appreciated and quickly absorbed.
Very respectfully, ~
s3csv ota ne FISK e. HATCH, ae3
Bankers.
-2cEEGflf
p. S. We have issued pamphlets containing
full particulars, statistical details, maps, etc.,
which will be furnished upon application.