Gallipolis journal. [volume] (Gallipolis, Ohio) 1837-1919, 1870-03-31

can hereafter be derived from Government
Bonds, and available to take their place.
Assured that, in the selection anG negotiation
OF superior Railroad Loans, We are meeting q
Tsf ~ 9s InS Sode of and o
| those great National works Of internal improve
nent s whose intrinsic merit and substantial char
ac.si entltie them to the use Of Capital and the
confidence o! investors-we now offer with
speeia confidence and satisfaction the
FIRST MORTGAGE BONDS
Chesapeake and Ohio Railroad Co.
The Chesapeake and Ohio RdilrOad, cOnnec-
ting the Atlantic coast and the magnificent har.
bOrs of the Chesapeake Bay with the Ohio River
at point Of reliable navigation, and thus, with
the entire Railroad system and water transpor-
tation of the great West and Southwest,
FoRMs THE ADDITIONAL EAST AND WEsr TauNx
LINE,
/ so imPeratiyely demanded for the aecommOdA-
| tiOn OF the immense aud rapidly-growing trans
Europe on the one hand and the great producing
regions Of the Ohio and Mississippi Valleys on
| the other.
The IMPORTANCE OF THIS Roam IS NEW
OUTLET FROM THE WEST TO THE SEA
magnifes it into one of national consequence,
| and inSureS to it an extensive through traffic
| from the day Of its completion; while, in the de-
1 veopment OF the extensive agricultural and
mineral resources of Virginia and West Virgin
ia, IL possesses 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 CheSa-
| peake and Ohio Railroad TO the Ohio River, af-
ford the sureSt guarantee of its success and val
ne. and
render it the most important and substantial
Railroad enterprise ROto in progress an 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 itthe at
ISIS and Railroad men of this City Of sound judg-
! ment and known integrity, whose connection
! with it, together with that of eminent citizens
/ and business men OF Virginia and We Virginia,
! INsURES AN ENERGETIC. HONORA-
BILE AND SUCCESSFUL
MANAGEMENT.
/ The road is completed and in operation from
/ Richmond to the celebrated White Sulphur
! springs Of West-Virginia, M miles, and there
| remain but 200 miles NOW partially constructedS
to be completed. to carry it 70 the proposed ter
minus on the Ohio river at, or near the mouth OF
| the Big Sandy river 150 miles above Cincinnati,
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 Quo WITH THE ENTIRE RAIL-
ROAD SYSTEMS OF TaE WEST AND SouTH-
WEST, AND wITz THE PACIFIC
RAILROAD.
Its valuable franchises and superior advan-
tages will place the Chesapeake and Ohio Rail-
road COMPANY among the richest and most pow.
erful and trustworthy corporations Of the coun-
try;
and there erisLs present oGlus, in completed
road and ioork done, equal to the entire
amount of the mortgage.
The details of the Loan have been arranged
with special 70 the wants 0i a
of convenience, safety, and protection against
loss or fraud.
$1,000, $500, and 500.
They will be issued as COupON BoNds, p0yG-
bic to Bearer, and may be held in that form; or
The Bond may be re0istered in the name of the
owner, with the coupons remaining payable 70
bearer attached, the principal being then trans
ferable only on the books Of the Company, unless
re-assigned to bearer; or
The coupons may be detached and cancelled,
the Bond made 4 permanent Registered Bond,
transferable only on the books OF the Company,
and the interest made payable only to the regis
tered owner or his attorney.
The three classes will be known respectively
a.:
Isr. "CoUpoN BoNDs PI YAsLE 10 BEARER."
% "REaIsrERED BoSDs WITH CoUPOSs At
TAcBED."
3D. "REeIsrERED BONDS WITH CoU2oNs DE-
TAcHED,"
in specifying the class of Bonds desired.
They have thirty years TO run from January
10 1870 with interest at six per cent per annum
from November l. 1863. Principal and interest
Dayable in Gold in the city of New-York.
lne interest is payable in May and November
that it NAV take the place Of that 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 max
ing additional investments, to have their inter-
est receivable at different seasons of the year.
The Loan is secured by n mortgage upon the
entire Line of Road from Richmond to the Ohio
river with the equipment and all other property
and appurtenances connected herewith.
A SINKING FUND OF 100000 PER AxsUx Is
PROVIDED FOB TIE REDEMPTION OF THE BONDS,
70 TAKE EFFECT ONE YEAR AFTER THE coNfLE-
rIoS OF TIE RoAD.
The mortgage is for 100000. Of which 81
BOO 900 will be reserved and held IN trust Ior tne
i0 Central RGilrOdd Company, now merged IN
the Chesapeake and Ohio; .s,.;.,t .-,o,-.
Ofthe remaining s13, 900 900, asunlcienL Smouns
will he sold TO complete the road 70 the Ono rlV-
err perfect and improve the portion now N opera
ion and thoroughly equip the whole fer large
anm % nresent price is 90 and accrued interest
a loan 50 amply secured, so caretully guard
ad and 90 certain hereafter to command prom
inent place among the favorte seeqritles IN me
Hs A. once Appreciated snd quickly absorbed,
verv respectfully