Staunton spectator. [volume] (Staunton, Va.) 1849-1896, 1870-03-08
OF THE

First Mortgage Bonds
Chesapeake and Ohio Railroad Company.
THE CHESAPEAKE AND OHIO RAILROAD, con-
Meeting the Atlantic coast and the magnificent
harbOrs of the Chesapeake Bay with the ONO
river at point of reliable navigation, and thus,
with the entire Railroad system and water trans
FORMS THE ADDITIONAL EAST AND
WEST TRUNK LINE,
soimperativey demanded for the accommodation
of the immense and rapidly-growing Transports
ton between the Atlantic seabOard and Europe
OF the one hand, and the great producing regions
of the Ohio and Mississippi Valleys on the other.
THE IMPORTANCE
OF THIS ROAD AS A NEW OUTLET
FROM THE WEST TO THE SEA
magnihes it into one of national consequence
and insures 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 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-
err afford the surest guarantee of It's success and
value, and render it the
MOST IMPORTANT
AND SU BSTANTIAL RAILROAD ENTER
PRISE NOW IN PROGRESS IN
THIS COUNTRY.
Its superiority as an East and Yves. route, and
the promise of an immense and profitable trade
awaiting its completion, have drawn TO it the at
tention and co operation OF prominent Capital-
lists and Railroad men of this City of sound judg-
men; and known integrity, whose connection
with it, together with that of eminent citizens
and business men of Virginia and West Virginia.
ENSURES AN ENERGETIC
HONORABLE, AND 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 200 miles (now partially constructed
TO be completed, to carry it to the proposed ter
minus on ire Ohio River at or near, the mouth
of the Big Sandy river, $50 miles above Cincin-
natl, and $50 miles below Pittsburg
Lines are now projected or in progress through
Ohio and Kentucky to this point, which will con-
meet the Chesapeake and Ohio with the
entire Railroad systems of the West
and Southwest, and with the Pacific
Railroad.
Its valuable franchises and superior advanta-
ges will place the CHESAPEAKE AND OHIO RAIL-
ROAD COMPANY among the richest and most pow
er1ui ana trustworthy corporations of the coun-,
try; AND THERE EXISTS A PRESENT
VALUE. IN COMPLETED ROAD AND
WORK DONE, Equal to the Enta,
Amount of the Mortgage.
The details of the Loan have been
with special reference 30 the wants of arranged
OF investors, and combine the warrior s al cIasses
convenience, safety and protection sre;Tut "
The Bonds are in denominat;e -
$1,000. $500 ar d s.oo.
to Rev ney WIZ pc issued as Coupon Bonds, pava5e
The 8nnS Si, ,aa nay os cid in that form or
the owner, with the &C ,1nons al sno name OF
TO 70 oearer attached, the principal BENZ then
'nIas" only OF the books of the Comnanv
oI MSS reasslgnea to bearer: or F''' >
ne coupons D lay be detached and oonoo11oa
tran. DomI inaae permanent Registered Rond
Cd th eo.e or.iy on the books of IL @ Counanv
tered rrlsefest made payable only to the regis
49, NJ oW nef or his attorney VS.
o no snree classes will be known rasnoot;,,o,,,
BR Rss. COUPON BONDS PAYABLE TO
p2 md "REGISTERED BONDS WITH co1r
roNa ATTACHED ooo-
p4 Srd; "REGIsTERED BONDS WITH corr
mated nv nanna' n Ell and should be so desig-
&c ' d. " correspondents in SPECIFYING the oiass
Jo rney nave 1 THIRTY YEARS to RIM fron,
per annum from N Wlrn interest at six per cent
TA IA A \ pint INTEREST TAXABLE N ninGI7
LIN IHE CITY OF NEW YORK ooLD
MI. me ;. interest is payable in MAY and No,,
oaro' s1as II may take the place of that Of I'M
veniencs "f or y. friveIwenties and suit the con-
sraI ana western Pacific Bonds With u Cen
payaoie IN January and july. and ,vh'i interest
thai ;ntn iaN.hg ADDITIONAL investments tn uo
the year al Inherent seasons of
.nt;n loan IS secured by a MORTGAGE 49,, l..
R;unr L LIN. OF koad from Richmond 70 thn tne
tv auj WIN tne equipment and all otber r ,' Onio
"'p"' 'enances connected Herewith.
A SINKING FUND OF 100000 PER AN
NUN Is PROVIDED FOR THE Rp,rnD
TON OF THE BONDS, TO TAKE EFRpcr
oNE YEAR AFTER THE COMPLETION
OF THE ROAD.
ood n nee mortgage is for $l5O 900. Of u,.:
roSo~ WIZ De reserved and held in trms. q o.
G.t ption OF outstanding Bonds Of tha lor the
CIT Gemsrae haatroad Company, now merrt s'rgsnao
CHESAPEAKE AND OHIo O" merged In the
on Wr sne -, remaining $l3OOOOO0
i; naver perfect and improve the ,oaa TO the
laroa sna ana thoroughly equip the wb " now
"G present price is 80 and accr,oa ;r,.
ed a 9an so amply secured. so caref iIn1.esest.
NAV %nu so certain hereafter to command guard
merlp pace among the favorite secnrt,as PROM
be at ono nosn OF this Country and Eurone VIII i
"' 0''oe appreciated and quickly absorbed. VIII
Very respectfully,
FISK e. HATCH.
Rankers.
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