Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1870-04-29
FIRST MORTGAGE BONDS
Chesapeake and Ohio Railroad Co.


OF THE
Chesapeake and Ohio Railroad Co.
The Chesapeake and Ohio Railroad, connect
: ing the Atlantic coast and the magnificent hsr-
| bOrs Of the Chessp eake Bay with the Ohio Riv-
or at a point Of reliable navi cation, and thus,
with the entire Railroad system and water
! transportation of the great West and Southwest,
forms the additional East and West
Trunk Line, so mperatively demanded for
the accommodation of the immense and rapidly
| growing transportation between the Atlantic
seaboard and Europe on the ono hand, and tho
great producing regions Of tho Chic and Mis-.
| sissippi Valleys on the other.
The importance OF This Road us Il
new outlet from the West to the sea
magnifes it into one Of national consequence,
and insurcs TO it Al extensive through traffic
from the day of its completion; while. in the
| developement Of the extensive agricultural and
mineral resources OF Virginis and West Vir-
glnia, it possesses, along lis own lire, the ele-
| ments Of large and profitable local business.
Thus the great interests, both general and To-
| cal, which dema I'd the completion of the CHEs-
| APEAKE AND OHIO RAILROAD TO tho Ohio Rlv-
| err afford the surcSt guarantee Of its success and
value, and rendcrittle most important
and substantial Railroad enterprise
now In progress i'll this country.
Its superiority rs an East and West route,
and the promise of sn immense and profitable
trade awaiting its completion, have drawn to it
the attention and cooperation Of prominen:
| Capitalists and Rai Dad mon OF this City, Of
sound Judgment and known integrity, whose
| =. - t,,t nfo
| ncnt citizens snd business men of Virginia and
| West Virginia, inSurcs an energetic,
honorable and successful manage
| ment.
| The Road is completed and in operation tro!a
| Richmond to tho celebrated White Sulphur
! Springs of West Virginia, 22T miles, and there
remain Blu! 200 miles (now partially construct
ed) to be completed. 20 carry it TO the proposed
terminus on the Ohio river at, or near, the
mouth Of tho Big Sandy River. l5o miles above
| Lines are now projected or in prosress
through Ohio and Kentucky to this point,
which will connect the Chesapeake and ONO
| with the entire Sail oai systems OF the w oS.
ard Southwest: ard with the Pacific Railroad.
Its liable franchises end superior advan-
tsges will place tho CHESAPEAKE AND OHIO
|
mos. powerful and trustworthy corporations OF
the country; and there exists present Va'ue
in comp!etcd road and work done, equal 10 the
entire amount Of the mortgage.
The details o. the L. an have been arranged
with special !e.ercnc" to The wants OF ali classes
Of investors; and combine the various features
| of con venicnco. safety and protection against
| loss fraud.
| The Bonds are in den ON nations of
| $1,000, $500 and sIO9.
They will be issued as Coupon Bonds, pnyab("
| 10 Benrer, and mag be hello in that iOcm &; or
The Bend may be rcyistcrcd in tho name OF
tho owner, with the coupons remaining payable
to bearer attached, the prjy1cipaL being then
transferable only on the book o! the Company
unless reassgned to bearer ! or
The coupons msy be dctacac and cancelled
| the Bond made 3 permanent Registered Bond,
| transferable only on the book; # the Company,
and the interest made payable only to the re-
gistercd owner or his attorney.
The thr,e classes vii! be known respectively
as
1st. coupon BONDS PAYABLE TO
BEARER"
ID "REGISTERED BONDS WITH COU-
PONS ATTACHED"
81. "REGISTtRED BONDS WITH tOU-
PONS DETACHED," ard should be so deslg
ated by Cores ponients i'll specifying the class
| of Bonds de red
They have THIRTY YEARS 10 run from
Jsnusrv Is 1870 with interest ut six per cent
| nor snnum from November !, 1869. PRIN"I-
PAL AND INTEREST PAYABLE ~ GOLD IN IN
| city Of New York.
Tho interest is payable in MAY and NovZM-
BIER. that j. may take the place of that Of the
earlier issue: OF Five-TwcnLic;. AMI suit the
convenience of oar friends who already hold
Central and Western Pacific Bond, with inter
ct payable in January and JHly, and VINO
NAV desire in making additional Investments
10 have their interest receivable ut different sea-
| sons Of the Year.
| Tho LON is secured by mortgage upon the
entiro Line of Ro al from Richmond TO the Ohio
River, with the equipment And All other prop
| erty and appurtcnaIces connected Herewith.
x Sinking Fund Of 500 900 per mnnum ia
| nroyl1cd for the redenp.rn Of the Bonds, TO
take effect ono year after the completion OF tho
| Road. -
The MORTGAGE is for $1,000 Co., Of watch
S2OOn, zoo will be reserved md held in trust tof
virginia Central Ra.troad Compa"y, now
merged in the CHE-AP-AKE hHD ONO.
OF the remaining sl3,Utocn sumci ,ha
amount will be sold to complete the tosI ~ inu
O now in opersston' and thorSusny equip the
whole for large and active franc. ;,.o-o.,
Rfs so sG1 ssFoa Sss
"a bo.i - r,oin hereafter to command
co. 1o,m aTe place among the favorite securities
=, no markets, both OF this Country and Eu-
- III .n' will be at once appreciated and quickly
ahsorbed Very respectfully,
FISK q HATCH, Bankers.
P. S-We have issued pamphlets containing