The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1870-03-25

I MISCELLANEOUS
Office of FISK & HATCH,
BANKERS AND DEALERS IN GOVERN
MENT SECURITIES.
| No. 5NAssAu TREET, NEw-YoRK.
February 10Th, 1870.
| The remarkable success which attended our nego-
tiation of the Loans of the CENTRAL PACIFIC RAIL-
ROAD COMPANY and the WESTERN PACIFIC RAIL
ROAD COMPANY, and the popularity and or
which these Loans have maintained in the markets.
both in this country and Europe, have shown tina
the FIRST Mortgage Bonds of wisely-located and hon
orably.managed Railroads are promptly recognized
and readily taken as the most suitable, safe and adj
vantageous form of investment yielding more lib
eral income than can hereafter be derived from
Government Bonds, and available to take their
place.
Assured that, in the selection and negotiation of
superior Railroad Loans, we are meeting a great
public want, and rendering a valuable service
both to the holders Of Capital and to those great
National works Of internal improvement whose in
trinsic merit and substantial character entitle them
TO the of Capital and the confidence OF investors
I'VE now offer with special confidence and aatisfaa-
tion the
FIRST MORTGAGE BONDS
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 a point of re-
liable navigation and thus with the entire Railroad
system end water transportation of the great West
and Southwest, FERNS the additional East
and West Trunk Line, 50 impsrsti.s,y de-
manded tor the Accommodation of tho immense and
raptdly-growing transportation between the Allan
tic sea-bcard and Europe on the one hand, and the
great producing regions of the Ohio and Mississippi
Valleys on the other.
The importauce Of thts Rad .. . ..-
outlet from the West to the seq magnifies it
into one of national and insures to it an
extensive through traffic from the day OF its compile
ton; while, in the development Of the extensive ag-
ricultural and mineral resources of Virginia and
west-vrgna, 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 CHEsapEAxE
AND ONO RAILROAD to the Ohio River. afford the
surest guarantee OF its and value, and rem
dor IL the most Important and substantial
Railroad enterprise now in progress In
this Country.
Its superiority as an 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 business men of Vir-
ginia and West-virgnia, insures an energetic,
honorable, and successful management.
Richmond to the celebrated White Sulphur Springs
of West-Virsinia, 22y miles, and there remain but
200 miles (now partially construced to be compile
ted, to carry to the proposed terminus on the Ohio
river at or near the mouth OF the Big Sandy river
$50 miles above Cincinnati, $50 miles below Pitts.
burg
Lines are now projected OF in progress through
Ohio and Kentucky to this point which will connect
the Chesapeake and Ohie nth the entire
Railroad systems Of the West and South
We t. and with the Pacific Railroad.
Its valuable franchises and superior advantages
will place the CnEsArnAxE AND OHIO RAILROAD
COMPANY among TIC IIcnesr ana most powerful and
trustworthy corporations Of the country; and
there exists . present value, I'm completed
read and work done, equal to the 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 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 BosDs, payable to
Bearer. dmay be held in that form; OF
The Bond may be registered in the name Of the
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 a permanent Registered Bond, transfer
able only on the books Of land the inter-
est made payable only to the registered owner or his
attorney.
Three classes will be known respectively as:
LIST. "Ceupsn Bends payable t.
Bearer"
Ind. s'Resistefed Bonds with Coupons
attaehed.0
Sd. "Resisseted Bends with Coupons
detached" and should be SO designated by cor
respondents in specifying the class of Bonds desired
They have iht1ty years to run from January Is,
1870, with interest at six per cent per annum from
November 1scs Principal and Int, est payable In
GOLD in the City Of New York.
The interest is payable in MAY and NOVEMBER,
that it may take the place Of that OF the earlier Is
sues OF FiveTwenties, and suit the convenience OF
fondu ho l.,s