The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1870-04-27
FIRST MORTGAGE BONDS

FIRST MORTGAGE BONDS
or THE
Chesapeake and Ohio Rail-
road Company.
THE CHESAPEAKE AND OHIO RAILROAD,
/ connecting the Atlantic coast and the mag
! niticent harbors ofthe Chesapeake Bay with
/ the Ohio River at a point OF reliable navi-
CATION, and thus, with the entire Railroad
system and wafer transportation ofthe great
/ West and Southwest, fOrIhs the addi-
/ tIOnaI East and West Trunk Line.
so impemtively demanded for the accom-
mediation of the immense and rapidly
growing transportation between the Allan
tic S,gtbOard 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 ~ n
new outlet from thcIWest tn the sea
magazines 1t into one Of national conSe-
quence, and insureS 10 IL an extensive
! through traffic from the day of It's compile
! ton; while, in the development OF the cx-
! tensive agricultural and mineral resources
Of Virginia and West Virginia, IL possesses
/ dlOllS llS Wv II lAhtf NAAN VI +" A'N ~
and profitable local business.
Thus the great interests, both general and
! local, which demand the completion OF the
CHESAPEAKE AND OHIO RAILROAD 10 the
Ohio River afford the surest guarantee Of
its success and value, and render it fhe
most important and substantial
Railroad enterprise now in progress
i'm this Country.
It's superiority rs an East and West route,
and the promise Of IN immense and profit
able trade awaiting its completion, have
drawn TO IL the attention and cooperation
Of prominent Capitalists and Railroad men
of this City of sound judgment and known
integrity, whose connection with II, togeth-
or with tlLpt of eminent citizens and busi-
ness men Of Virginia ana West Virginia,
insures an energetic, honorable and
successful management.
The Road is completed and i'm operation
from Richmond TO the celebrated White
sulphur Springs of West Virginia, 27 miles,
and there remain but DO miles NOW par
TALLY constructed) TO be completed, To carry
II to the proposed terminus on the Ohio
river at, or near, the mouth of the Big San
dy river, 80 miles above Cincinnati, and 80
miles below Pittsburgh.
| Lines are now projected or in progress
| through Ohio ana Kentucky 10 this point,
which will connect the Chesapeake and
Ohio with the entire Railroad sys-
TENS Of tho West and south " est, and
with the Pacific Railroad.
Its valuable franchises and superior adj
Vantages will place the CHESAPEAKE AND
OHIO RAILROAD COMPANY among the rich
est and most powerful and trustworthy cor
pOrations Ofthc country; and there ex lists
n present value I'm completed road
and work done equal To the entire
amount Of the mortgage.
The details Of the Loan have been arrang-
ed with special reference to the wants OF all
classes Of investors and combine the va
rious features lOf convenience, safety, and
protection against loss or fraud.
The Bonds are in denominations OF
$1,000, $500 and 500.
They will be issued as COUPoN Bonds,
PAYABLE TO BEARER, and may be- held I'm
that form; or
The Bond may be REGISTERED I'm the
name of the owner, with the coupons re-
naming payable 10 bearer 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 can
celcd, the Bond made a PERMANENT REG
IsTERED BOND, transferable only on the
books of the Company, and the interest
made payable only TO the registered owner
or his attorney.
The three classes will he known respect
! lively as:
LIST. coupon Bonds payable 10
Bearer
2d. "Registered Bonds with Cou-
| pOns attached"
Sd. "Regisfered Bonds with COu-
pons detached" and should bc 50 dcsig-
mated by Correspondents in specifying the
class Of Bonds desired
| They have Thirty Years 10 run from
January -, 1870, with interest at six per
cent. per annum from November ], 1872
! PRINCIPAL AND INTEREST PAYABLE IN
GOLD IN THE CITY OF NEW YORK.
| The interest is payable In MAY and No
VENEER, that II may take the place 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 making additional
investments, TO have their interest receiva-
bic at different seasons Of the year.
| The Loan is secured by mortgage upon
/ the entire Line Of the Road from Richmond
10 the Ohio River, with the equipment and
all other property and appurtenances con-
nected Herewith.
| A SINKING FUND OF $4,000 PER ASNUM
IS PROVIDED FOR THE REDEMPTION OF THE
Bonds, TO TAKE EFFECT ONE YEAR AFTER
THE COMPLETION OF THE ROAD.
| The mortgage is for sl5,00O,O0O, Of which
100000 will be reserved and held In trust
| for the redemption Of outstanding Bonds Of
/ the VIRGINIA CENTRAL RAILROAD Com
PANY, now merged into the CHEsAPRAKE
| AND OHIO.
| OF the remaining 100000, a sufficient
amount will be sold TO complete the road
| 10 the Ohio river, perfect and improve the
| portion now In operation, and thoroughly
/ equip the whole for a large and active traffic.
| The present price Is % and accrued interest.
A Loan 20 amply secured. ~ carefully
| guarded, and 10 certain hereafter To com.
mand prominent place among the fayorite
securities in the markets, both Of this Coun-
try and Europe, will be at once appreciated
and quickly absorbed.
Very respectfully,
FISK a. HATCH,