The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1870-04-22
SUCCESSFUL MANAGEMENT.

Tho road Is completed and In operation from
Richmond to the celebrated White Sulphur Springs
Of West Virginia, 227 miles. aud there remain but
200 miles tnow partially constructed to DO COM
pleted to carry It to the proposed terminus on the
Ohio river at or near the mouth Of the Big Sandy
river, $50 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 Ohio with the entire rail.
road systems Of the West and Southwest, and with
the Pacific railroad.
Its valuable franchises and superior advantages
Will place the CHESAPEAKE AND OHIO
RAILROAD COMPANY among the richest and
most powerful and trustworthy corporations OF
the country and there exists y present value, In
completed road and work done, equal to the entire
amour, OF the mortgage.
The details Of the loan have been arranged with
special reference TO the wants OF oil classes OF In
yestors. and combine the various features Of con.
venience, safety, aud protection against loss OF
fraud.
The Bonds are In denominations Of
$1,000, $500, and s1oo.
They will be issued as Coupon Bonds. payable
to bearer, and may be held In that form or
The Bond may be registered In the name OF thu
owner. with the coupons renal ming payable &c
bearer attached, the principal being then transfer
sble only on the books Of the company, unless re-
assigned to bearer or
The Coupons may be detached and cancelled, thu
Bond made permanent Registered Bond, trans
ferable only on the books OF the Company. anG
the interest made payable only to the registered
owner OF his attorney.
The three classes Will be known respectively as
lst. coupon Bonds payable to bearer"
I'd. Registered Bonds with Coupons attached
Sd. Registered Bonds with Coupons detach.
ed" should be SO designated by correspondents 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 !, 1859. Principal and interest paya-
BILE in gold in the city OF New York.
The interest Is payable In May and November
that 1t may take the place Of that Of the earlier
issues Of Five-Twenttes, and sait the convenience
ern Pacific bonds, with interest payable In Jsnu-
airy and July, and who may desire, In making Cd
ditional investments, 10 have their interest re-
ceiyable at different seasons OF the year.
The loan Is secured By mortgage upon the en-
tire line of road from Richmond to the Ohio river
9Th md
appurtenances connected Herewith.
b sinking fund Of sloe, 900 per snnum Is provided
for the redemption of the bonds to take eject ono
year after the completion Of the road.
The mortgage IS for sls Geo, Of which ss,sds-
900 will be reserved and held in trust for there
demption Of outstanding bonds Of the Virginia
Central Railroad Company, now merged Ia the
Chesapeake and Ohio.
fthe remaining Oh, 600 900, sufficient amount
win be sold to complete the road to the Ohio river
perfect and improve the portion now In operation,
and thoroughly equip the whole for large and
active traflc- e.
The present price is 90 and accrued interest.
A loan so amply secured, 50 carefully guarded,
and SO certain hereafter to command prominent
Mace among the favorite securities In the mar
kess, both Of this country and Europe. viii be q
once appreciated and quickly absorbed.
Very respectfully.
FISK 8 HATCH, Baaksrs.
P.s-we have issued pamphlets eoatainins
fun particulars, statistical, details, nspas esc.
which via be furnished upon sppi.eaf'cn.
| Wehuy and san Government Sonds, and rsecis
| the Accounts Of Banks, Bsnkhrs, Corporations
and Others aub;eet to cheek at sighs and allow ~
serest on daily balances.
DAVENPORT q CO., Stock Brokers' 81
| ss No. iiez Main slreef. And
R.H.i MAURY q CO., No. icis Main gtrsea.
ltehuon6 agents for sals on
: 1sss.-saWaa Doadsh yssitssa.