The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1870-04-19
FIRST MORTGAGE BONDS
OF THE
Chesapeake and Ohio Rail-
road Company.

connecting the Atlantic coast and the mag
nificent harbOrS ofthc Chesapeake Bay with
| the Ohio River NJ n point of reliable naNi-
CATION and thus, with the entire Railroad
system and water transportation ofthe great
West and Southwest, forms the Rddi-
tiOnaI East and West Trunk Line,
80 imperatively demanded for the accom-
mediation Of the immense and rapidly
growing transportation between the Allan
| tic sraboard 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 as q
| new outlet from the,West 10 the sen
magnificS il into one of national conse-
quencc, and inSurcS 10 Il an extensive
through traffic from the day OF lis compile
ton; while, in the development OF the eX-
| tensivc agricultural and mineral resources
| of Virginia and West Virginia, II possesses
| along its own line, the elements OF large
and profitable local business.
Thus the great interests, both general ana
local, which demand the completion OF the
| CHESAPEAKE AND OHIO RAILROAD to the
| Ohio River, afford the surcst guarantee Of
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 its completion, have
| drawn 10 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-
er with that of eminent citizens and bust
ness men Of Virginia and West Virginia,
imsures an energetic, honorable and
| successful management.
The Road Is completed and In operation
| from Richmond To the celebrated White
| sulphur Springs of West Virginia, Z7 miles,
and there remain but 20 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 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 ad-
| vantages will place the CHESAPEAKE AND
| OHIO RAILROAD COMPANY among the rich
est and most powerful and trustworthy cor
| porations ofthe country; and there exists
IA present value I'm completed road
and work done equal 10 the entire
amount Of the mortgage.
| The details of the Loan have been arrnng-
ell 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 I'm denominations Of
$1,000, $500 and 800.
They will be issued as COUPON BONDS,
| PAYABLE TO BEARER, and may he held In
| that form; or
The Bond may be REGISTERED In the
| name OF the owner, with the coupons re-
| manning payable TO 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 cam
celed, the Bond made q PERMANENT RIG
IsTERED BOSD, transferable only on the
books of the Company, and the interest
made payable only 10 the registered owner
or his attorney.
The three classes will be known respect
lively as:
LIST. coupon Bonds payable TO
| Bearer"
I'd. Registered Bonds with Con-
pOns attached
3d. "Registered Bonds with Cou-
POns detached and should he so dcSig-
mated by Correspondents i'm specifying the
class Of Bonds desired.
They have Thirty Years 10 run from
January ID, 1870, with interest at six per
cent. per annum from November ], 1893
PRINCIPAL AND INTEREST PAYABLE IN
GOLD IN THE CITY or NEW YORK.
The interest is payable In MAY and No
VENEER, that IL may take the place OF the
earlier issue Of Flve-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, I'm making additional
investments, to have their interest receiva-
BILE at 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 oppurtenances con-.
nected Herewith.
A SINKING FUND OF $4,000 PER ANSUM
Is PROVIDED FOR THE REDEMPTION OF TIKI
Bonds, TO TAKE EFFECT ONE YEAR AFTER
THE COMPLETION OF THE ROAD.
The mortgage is for sI5OOO,OOO, Of which
100000 will be reserved and held In trust
for the redemption Of Outstanding Bonds OF
the VIRGINIA CENTRAL RAILROAD CON-
PASY, now merged into the CHEsAPEAKE
AND OHIO
OF the remaining $500 100, a sufficient
amount will be sold to complete the road
TO the Ohio river, perfect and improve the
portion now I'm operation, and thoroughly
equip thewhole for large and active traffic.
The present price Is % and accrued interest,
A Loan 10 amply secured, 10 carefully
guarded, and 80 certain hereafter 20 COM
mand prominent place among the favorfte
securities in the markets, both ofthis Coun-
Try and Europe, will be al once Appreciated
and quickly absorbed.
Very respectfully,
FISK a. HATCH.
Rank ORR