Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1870-07-28
INDIANAPOLIS,
BLOOMINGTON
AND
WESTERN RAILWAY.
SEVEN PER CENT. GOLD LOAN.
BLOOMINGTON
WESTERN RAILWAY.
SEVEN PER CENT. GOLD LOAN.

The bonds are in denominations Of 81 600 each
secured by first mortgage on POS miles OF road,
from Indianapolis, the largest city and most i'm
portant railroad centre IN the State Of Indiana,
TO the city Of Pekin In Illinois.
ONE HUNDRED AND EIGHTY MILES Of
the Line are now in FULL OPERATION, and
equipped with New, first-Class Rolling Stock,
consisting Of % Locomotives, 70 Passenger
Coaches; IL Baggage and Express Cars; $50 Box
Stock and Coal Cars, and more viii be added as
the wants Of the road require. The earnings are
whole issue of Bonds. The balance twenty-five
miles of the division in Indiana, is nearly ali
graded, with all the Iron on hand, and VIII be
completed without delay.
There are Thirty-sIx depOts on the line, LocAt-
Cd Cities and Towns that contain. in the Ag-
gregate, Population OF One Humid cd and Ninety
Thousand, averaging over sZo 70 each square mile,
within a radius OF half a mile Of the track; and
within twenty miles of the track, there Is a pop
ulaeion of about six hundred thousand.
1t passes through the counties of Marion, ben
bricks, Montgomery, Fountain, Warren and Yer-
million, In the State of Indiana, and Nermillion
Champaign, De Witt, Piatt, Mclean and Taze-
well Counties, In Illinois, on the line Of the old
emigTant State road which was laid out In the
best portion Of those States before the time OF
railroads, was then the main line of Western
travel and consequently became more thickly set-
tied than other sections OF the West, as the num-
erous cities, large villages, and products OF these
counties demonstrate.
Besides the large agricultural productions OF
this section, the manufacturing interest is very
extensive in the large towns and rapidly inereas
ing; .,-.-,,- -
tensively and proftably worked, and FURNISH
BUSINE SS FOR OVER THhEE HUNDRED
THAN TWICE THAT NUMBER WILL BE
REQUIRED 70 carry coal on completion Of the
From sn'T f6e si prsseu.
| to assume that the LOCAL BUSINESS ALONE
WILL BE AMPLE NOT ONLY TO PAY THE
BONDED DEBT, BUT LARGE DIVIDENDS
UN THE STOCK.
In addition to the population and wealth of the
country and all that Is necessary 10 support
drst-class road and make it profitable invest
ment through local traftle 1t forms a grand cen
trail trunk line FOR THROUGH BUSINESS
NOTSURPASSED BY ANY R0ADOF Equal
DENGTH IN THE WEST.
At indianapolis 1t connects by main lines with
the cities OF Columbus, Cleveland, PIttsburg
CincinD and with the Pennsylvania Central
Baltimore and Ohio and other important railroad
lines. At Pekin, the Western terminus, connec-
tons are made with Peoria, Quincy. Keokuk
Burlington and Omaha. At Bloomington, with
the Illinois Central Road, which runs northwest
GOO miles to Fort Dodge, Iowa. A very large bus
mess will be done with this line. At DanviIle 1t
connects by rail with TOLEDO Lake Erie 4
map viii show all these 10 be very important con-
nectlOns IN making through lines over this route
The Loan is placed beyond any contingency by
the Present Earnings from Local Traffic on One
Hundred and Eighty Miles, which must neces-
sarlly be doubled when the trains run through.
The Bonds are Convertible at the option OF the
holder INTO stock at par at any time, which adds
greatly 10 their value. They may be registered
at the Farmers Loan and Trust Company if ds-
sired.
COUPONS PAYABLE APRIL & OCTOBER,
FREE Or TAX.
TOTAL ISSUE 5000, OOO-s2, 600 600 of which
are placed in trust with The Farmers Loan and
Trust Company 10 REQ EN- and cancel g. 900
bonds issued to the DanvIlle, Urbana, Blooming
ton and Pekin Railroad, now merged into this
road, making the Loan only 5000, 900 OVER
HALF OF WHICH has BEEN SOLD In
EUROPE AND THIS MARKET The balance
we offer at 80 and ACChUED INTEREST. At
this low price the Bonds, being 80 amply secured,
will be quickly marketed.
We have been thoroughly posted il regard TO
the road from the start, have closely inspected IL
frUm time TO time during construction, ana being
familiar with the wealth and resources OF the
country, the responsibility and integrity of the
officers and directors OF the company and the pres
ent earnings OF the road, IL is with pleasure that
WE RECOMMEND THE BONDS AS ONE OF
THE CHEAPEST AND SAFEST INVEST
MENI5 In THE MARKET, sure OF a high
standard among the best railroad securities in the
country.
All marketable securities received in exchange
at market rates. Bonds delivered TO all points.
FREE OF EXPRESS CHARGES.