The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1870-04-02
AM
SUCCESSFUL MANAGEMENT.

Inc rOau IS cOmplctei ana IN opeTatlou lFHm
Richmond 20 the celebrated White Sulphur Springs
Of West Virginia, .27 miles. AM there remain but
200 miles tnow partially constructedl TO be COM
pleted to carry 1t TO the proposed terminus on the
Ohio river ut or near the mouth OF tho Big Sandy
river $50 miles above Cincinnati, and $50 miles
below PittSburg
Lines arc now prof ctcd or IN progress through
Chic and Kentucky to this point, which viii con.
meet the Chesapeake and Ohio with the entire rail-
road Systems of the West aud Southwest, aud with
! the Pacin railroad.
| It's valuable franchises and superior advantages
will place the CHESAPEAKE AND OHIO
RAILROAD COMPANY among the richest and
most powerful and trustworthy corporations OF
the country: and there exists q present value, In
| completed road and work done, equal 10 the entire
| amount of t.e mortgage.
| The details Of the loan have been arranged with
special re ference the wants OF all classes Of In
| yestors, and combine the various features Of con-
ventence, safety, and protection against loss or
fraud.
The Bonds are IN denominations Of
$1,000, $500, aud 500.
They will be issued as Coupon Bonds. payable
to bearer, and may be held in that form;or
The Bond may be registered In the name Of tho
owner, with the coupons remaining payable to
bearer attached the principal being then transfer
able only on the books OF the company, unless re-
| assigned to bearer or
| The Coupons may be detached ndscancelled. the
| ,dn a p.nt Rnu icta ira
ferable only on The books OF the Company, and
the interest made payable only to the registered
owner or hts attorney.
The three classes VIII be known respectively as
lst. coupon Bonds payable to bearer"
%. "Rcgistered Bonds with Coupons attached"
Sd. "Registcred Bonds with Coupons detach-
ed,n should be 90 designated by correspondents In
| specifying the class Of Bonds desired.
| They have thirty years TO run from January Is,
1870, with interest at six per cent. per aunum from
November l, 1859. Principal and interest paya-
BILE in gold In the city Of New York.
The interest is payable In May aud November
that 1t may take the place Of that OF the earlier
issues Of Five-Twenties, and suit the convenience
Of our friends who already hold Central aud West
|
airy and July, and who may desire, in making sd-
ditional investments, TO have their interest re-
ceiyable at different seasons OF the year.
The loan is secured by mortgage upon the en-
tire line Of road from Richmond to the Ohio river,
| with the equipment and all other property anu
| appurtenances connected Herewith.
A sinking fund ofs 100, 900 per aunun Is provided
l 81 hon a In
year after the completion OF the road
The mortgage is for SIS 1000, OF which $780,
900 win be reserved and held In trust for there
demption Of outstanding bond. OF the Virginia
Central Railroad Company, now merged In the
Chesapeake and Ohio.
ofthe remaining SIS, oao, 900, sufheient amount
will be sold to complete the road to the Ohio river,
perfect and improve the portion now In operation
and thoroughly equip tie whole for large ana
active traffic.
The present price IL 80 and accrued interest
loan so amply secured, so carefully guarded,
and so certain hereafter to command prominent
place among the favorite securities In the mar
kcts, both Of this country and Europe. viii be at
once appreciated aud quickly absorbed.
Very respectfully,
FISK & HATCH, Bankers.
P. s.-We have issued pamphlets containing
full particulars. statistical details, maps, ETC.,
which will be furnished upon application.
We buy and sell Government Bonds, and receive
the Accounts OF Banks, Bankers, Corporations,
and Others subject TO check at sight. and allow a-
terest ON daily balances.
DAVENPORT & CO., Stock brokers
: No, lloa Main street, Richmond
Agents for sale OF Bonds IN VisS!ni4,
tess-s&Wam