The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1870-04-27
SUCCESSFUL MANAGEMENT.

The road Is completed and in operation from
Richmond to the celebrated W bite Sulphur Springs
Of West Virginia, 227 miles, and there remain but
300 miles tnow partially constructed) TO be COM
pleted to carry 1t to the proposed terminus the
Ohio river at or near the mouth Of the Big Sandy
river, $50 miles above Cincinnati and $50 miles
below Pittsburg. s,. .as
Lines are now projected or. In progress through
Ohio and Kentucky to this point, which viii con.
meet the Chesapeake and Ohio with the entire rail.
road systems Of the West and Southwest, aud With
the Pacific railroad.
Its valuable franchises and superior advantages
will place the CHESAPEAKE AND OHIO
RAILROAD COMPANY among the richest and
most powerful aud Trustworthy corporations or
the country: and there exists a present value, In
completed road and work done, equal to the entire
amount OF tae mortgage.
The details Of the loan have been arranged with
special referencet to the wants Of all classes OF In
vestors, and combine the various features OF con-
venience, safety, and protection against loss or
fraud. Is. .s-... .~rr ....- r.t
The Bonds are In denomin atoms OF
$1,000, $500, and 800.
They will be Issued as Coupon Bonds. payable
to bearer, and may be held In that form or
The Bond may be rcgistered in the name or the
owner, with the coupons remaining payable to
bearer attached the principal being then transfsr-
able only on the books Of the company, unless re-
assigned to bearer or as.a@~a
The Coupons may DO detached and cancelled, the
Bond made permanent Registered Bond, trans
ferable only on the books OF the Company. and
the interest mads payable only to tbs registered
owner or his attorney. t~<~ ~ a7e ~.
The three classes will be known respectively as:
LIST. coupon Bonds payable to bearer
I'd. Registered Bonds with Coupons attached"
cd. Registered Bonds with Coupons detach-
ed" should be so designa:edby correspondents in
specifying the class Of Bonds desired .. -..z
They have thirty years to ran from January 10,
1870, with interest at six per cent per snnum from
November !, 1859. Principal and interest pays-
BILE In gold in the city OF New York s,-z.s
The interest is payable In May end November
that 1t may take the place OF that the eszafer
issues Of Ftve-Twenties, and suit the convenience
Of our friends who already hold Central and West
ern Pacific bonds, with interest payable In Jsnu-
airy and July, and who may desire, In making adj
ditional Investments, to have their interest re-
ceivable at different seasons OF the year. 81 -
The loan is secured BY 3 mortgage upon tie en-
tire line OF road from Richmond to the Ohio river,
with the equipment and all other property end
sppurtanances connected sherewsth.
a sinking fundof sleo, 900 per snnua Is provided
for the redemption Of the bonds TO take effect one
year AFTER the completion OF the resd.
The mortgage Is for sl 600 600, OF which o. Geo.
ooa will be reserved and held In trust for there
demptton OF outstanding bonds Of the yirxtnia
Central Railroad Company, now merged In the
Chesapeake and Ohio.
Ofthe remaining els, 1000, Sufficient amount
win be sold to complete the road 70 the Ohio river,
perfect and Improve the portion now In operation,
and thoroughly equip the whole for large and
active traffic.
The present price " % and accrued interest.
A loan so amply secured, so carefully guarded,
and 90 certain hereafter % command prominsut
place among the fsvorits securities In tho mar
kets, both OF this country aud Europe, will DO q
once appreciated and quickly absorbed.
Very respectfully,
FISK & HATCH, Bankers.
P. s.-We have Issued pamphlets Containing
fun particulars. statistical dessils, raps, ETC.,
which WIN 30 Furnished upon application.
ne buy ma sen Gsssrsmsai Ronda and receive
sha Accounts OF BankA Baaksrs, cosposssicas.
ard others snbjees sbsck u sisht and allow Inc
ssfest on dAi1y balances.
DAVENPORT q Co.. Stock Brokers
No. ilaA Main street., and
r. II. MAURY q CO., No. lolA Main street,
Riehmone Agents for sale OF
iess-SAWam Bonds IN Virginia.