The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1870-03-14
MISCELLANEOUS.
Office of FISK & HATCH,
BANKERS AND DEALERS IN GOVERN
MENT SECURITIES.

winch these Loans nave maintained IN the marhsSs
both in this country and Europe, have shown ths
the First Mortgage Bonds of wseIy-located and hon
orably managed Railroads are promptly recognized
and readily taken the most suitable sale and ad-
form of investment, yielding more lib
eral income than can hereafter be derived from
Government Bonds, and available to take their
place.
Assured mat, In the selection and negotiation Of
superior Railroad Loans, we are meeting a great
public want, and rendering a valuable ssrylcs
both to the holders of Capital and to those srsa.
National works of internal improvement whose In
trinsc merit and substantial character entltle them
to the use Of Capital and the confidence Of investors
we now offer with special confidence and sat,sfac-
ton the
FIRST MORTGAGE BONDS
OF THE
Chesapeake AID Ohio Railroad Company.
The Chesapeake and Ohio Railroad, connecting the
Atlantic coast and the magnificent harbors of the
Chesapeake Bay with the Ohio River at point of re-
liable navigation, and thus with the Railroad
system snd water transportation of the great West
and Southwest, forms the additional East
and West Trunk Line, SO inperstively de-
manded isr the accommodation of the immense and
rapidly-growing transportation between the Attain
tic sea-bcard and Europe on the one hand, and the
great producing regions of the Ohio and Mississippi
Valleys on the other.
The Importance of this Road rs a new
outlet from the West to the sea magnifes IL
into of national consequence and insurss to an
extensive through traffic from the day OF its compile
tom WHILE in the development of the extensive ag-
ricutural and mineral resources OF Virginia and
West-virglnia, it 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 CnEsHPRAKE
AND ONO RAILROAD to the Ohio River, afford the
surest guarantee OF its and value, and rem
der Ii the most important and substantial
Railroad enterprise now in progress I'm
this Country.
Its superiority as East and West route. and the
promise of an immense and profitable trade await
ing its completion have drawn to it the attention
and cooperation of prominent Capitalists and Rail.
road men of this City OF sound judgment and known
integrity, whose connection with it, together with
that of eminent citizens and busluess men of vir-
ginia and west-virgnia, insures nm energetic,
honorable, and succcssfal mana cement.
The Road is completed and in operation from
Richmond to the celebrated White Sulphur Springs
OF West-Virsinla, 227 miles, and there remain but
200 miles now partially constructed) to be compile
ted to carry it to the proposed terminus on the Ohio
at or near, the mouth OF the Big Sandy river
$50 miles above Cincinnati $50 miles below Pitts
burg.
Lines are now projected or ia progress through
Ohio and Kentucky to this point which will connect
the Chesapeake ind Ohio with the entire
Railroad systems OF the West and South
west. and with the Pacific Railroad.
It's valuable franchises and superior advantages
VIII place the CHESAPEAKE AND ONO RAILROAD
COMPANY among the richest and most powerful and
trustworthy corporations of the country; and
there exists /. present value, In completed
road and work done, equal to ,he entire
amount of the mortgage.
The details of the Loan have been arranged with
special reference to the wants Of all classes OF invest
ors, and combine the various features Of
safety and protection against loss or fraud.
The Bonds are in denominations of
$1,000, $500, and 800.
They will be issued as COUPON BoxDs, payable to
Bearer. andmay be held in that form; or
The Bond may be registered In the name OF tho
owner, with the coupons remaining payable to bear
er attached, the principal being then transferable
only on the books of the Company unless re assign
ed to bearer; or
| The coupons may be detached and cancelled, the
Bond made permanent Registered Bond, transfer
able only on the books of thecompany and the inter-
made payable only to the registered owner OF his
attorney.
Three classes will be known respectively as:
| 1't "Coupon Bends payable TO
Bearer"
End. "Regissered Bonds with Coupon.
asiachcd.o
""' "sesisteted Bonds with Commons
dcfa caed,' and should be so designated by cor.
respondents in specifying the class of Bonds desired
They have thirty years to run from January Is.
1870, with interest at six per cent per annum from
november !, $780, Principal and Int, est payable in
GOLD in the City Of New YORK..
The interest is payable in MAY and NOVEMBER,
tnat may take the place of that Of the earlier ia
sues oil Five-Twentes, and suit the convenience or
our friends who already hold Central and Western
Pacific Bonds, with interest payable in January and
july and who may desire, in making additional In
vesmsnts to have their interest receivable at ifer.
emit seasons of the year.
The Loan Is secured by mortgage upon the en-
tire line of road from Richmond to the Ohio River
with the equipment and all other property and ap.
purtenances connected Herewith.
Sinking Fund Of 100000 per annHm 10 pro-
cid DIOR the redemption Of the Bonds, 10 take eject
one year after the completion Of the road.
The mortgage is tor $4,000 600, Of which 5000
will be reserved ami held in trust for the redemp.
ton OF outstanding Bonds OF the Virginia Central
Railroad Company, now merged in the CuRsA.
rEAKE AND OHIO.
OF the remaining $1,000, 900. sufficient amount
will be sold to complete the road 10 ths Ohio river