The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1870-04-26

merit and substantial character cntitle them
TO the use OF Capital and the confidence OF
inveStorS-we now offer with special conf
dence and satisfaction the
FIRST MORTGAGE BONDS
OF THE
Chesapeake and Ohio Rail-
road Company.
/ THE CHESAPEAKE AND OHIO RAILROAD,
connecting the Atlantic coast and the mag
nificent harbOrS ofthe Chesapeake Bay with
! the Ohio River AT point of reliable navi-
! CATION, and thus with the entire Railroad
system and water transportation ofthe great
West and Southwest, forms the addi-
tiOnaI East and West Trunk Line.
80 imperativcly demanded for the accom-
mediation of the immense and rapidly
growing transportation between the Allan
tic Scaboard and Europe on the one hand,
and the great producing regions of the Ohio
/ aud Mississippi Valleys on the other.
The Importance Of this Road ~ "a
new outlet from thclWcst 10 the sea
magnifies il into one Of national cOnse-
quence, and inSures 10 It an extensive
! through traffic from the day Of its compile
[ ton: while in the development OF the eX-
/ tenSivc agricultural and mineral resources
of Virginia and West Virginia, IL 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
! CHESAPEAKE AND OHIO RAILROAD 10 the
] - Ia, rnt nj nj
/ its success and value, and render 10 the
most important and substantial
Railroad enterprise now i'm progress
in this Country.
! It's superiority aS an East and West route,
| and the promise Of an immense and profit
able trade awaiting It's 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 IT, togeth-
( cr with that of eminent citizens and bust
/ ness men of Virginia and West Virginia,
inSurcs 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, 1T miles,
, and there remain but 20 miles now par
/ TALLY constructed) to be completed, to carry
/ il TO the proposed terminus on the Ohio
river ut, 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 and Kentucky To this point,
| which will connect the Chesapeake and
Ohio with the entire Railroad sys-
/ TENS of the West and Southwest, and
with the Pacific Railroad.
| It's valuable franchises and superior nd
vantagcS will place the CHEsAPEAKE AND
| OHIO RAILROAD COMPANY among the rich
est and most powerful and trustworthy cor
porations Ofthc country; and there exists
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 In
that form; or
The Bond may be REGISTERED i'm the
| name Of the owner, with the coupons re-
naming payable to bearer attached, the
PRINCIPAL being then transferable only on
the books Of the Company, unless re-assign-
ed 10 bearer; or
The coupons may De detached and can
celed, the Bond made a PERMANENT RIG
IsTERED BOND, transferable only on the
books Of the Company, and thc-interest
made payable only to the registered owner
or his attorney.
The three classes will be known respect
lively as:
LIST. coupon Bonds payable 10
Bearer
2d. Registered Bonds with Cou-
pOns attached"
81. Registered Bonds with Cou-
POns detached and should be 10 deSig-
mated by Correspondents in specifying the
| class of Bonds desired.
They have Thirty Years to run from
January H. 1870, with interest ut six per
| cent. per annum from November I, 1850.
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-Twcntles, 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, I'm making additional
investments, 10 have their interest receIva-
BILE nj different seasons OF the year.
The Loan is secured by mortgage upon
the entire Line Of the Road from Richmond
to the Ohio River, with the equipment and
all other property and appurtenances con-
nected Herewith.
ASDKING FUND OF 10000 PER AHSUM
Is PROVIDED FOR THE REDEMPTION OF THE
Bonds, TO TAKE EFFECT ONE YEAR AFTER
THE COMPLETION OF THE ROAD.
The mortgage is for sl5,000,0OG, OF which
100000 will be reserved and held I'm trust
for the redemption Of outstanding Bonds OF
the VIRGINIA CENTRAL RAILROAD Con-
PANY, now merged into the CHEsAPEAKE
AND OHIO.
OF the remaining sl3,OOO,0OO a sufficient
| amount will 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 traffic.
The present price is 90 and accrued interest.
| a Loan 80 amply secured, 30 carefully
guarded, and 20 certain hereafter to com
mand prominent place among the layorite
securities in the markets, both ofthis Conn
try and Europe, will be at once appreciated
, and quickly absorbed.