The Manchester journal. [volume] (Manchester, Vt.) 1861-current, 1870-03-29
FIRST MORTGAGE BONDS
of TIE
Chesapeake and Ohio Railroad Go.

CHESAPEAKE ana Uhlo railroad 10,
The Chesapeake ca3 ohio Edboaa, connecting
the Atlantic coast aud tho magnificent harbors Of
the Chesapeake Bay with the Ohio River at point
Of reliable navigation, and thus, with the entiro
Railroad system aud water transportation of the
great West ard Southwest, FORMS the ADDITION.
Al EAST AND WEST TRuR IISr, so impcratiyely
demanded for the accommodation Of the immense
and npidly-growing transportation between the
Atlantic seaboard and Europe on the one hand,
and the great producing regions Of the Ohio and
Mississippi Valleys ON the other
THu IMPORTANCE or This Rokp As a NEw OUTLET
FROM rHF WEsr TO IRE sEA magnihes it into one
Of national consequence, and insures to Il an ox-
tcnsiyc through traffic from the day Of ia COM
pleuon while, in the development Of the extern
siye agricultural and mineral resources o. Nir-
gnia and West Virginia, II possesses, along It's
own huc the elements Of a large and profitable
local business,
Thus the great interests both general and lo-
cal, which demand the completion Of the CHEs-
sPEAKE AND ONO RAILROAD to the Ohio River, af-
ford the surest guarantee Of its success and val
ne, and RENDER m THE MOST BrroHTAST AND srB-
srANrnE RAILROAD ENTERPRISE NOW IN PROGRESS
IN THIS COUNTRY
lis superiority as an East and West route and
tho promise Of an immense and profitable trade
awaiting its completion, have drawn to it the
attention and cooperation Of prominent Capital
lists and Railroad men OF this City OF eound judg-
ment and known integrity, whose connection
with it. together with that Of eminent citizens and
business mon OF Virginia and West Virginia, IN
sUREs AN ENERGETIC, HONORABLE, AND SUCCESSFUL
MANAGEMENT.
The Road is completed ind in operation from
Richmond to tho celebrated White Sulphur
Springs Of West Virginia, 227 miles, ane there re-
main but 200 miles tnow partially constructed) to
be completed, to carry il to the proposed termi-
nus on the Ohio river at, or near, the mouth Of
the Big Sandy river, 100 miles above Cincinnati
and $50 miles below Pittsburg.
/ Lines are now projected or inprogress through
Ohio and Kentucky to this point, which will CON
meet the CHESAPEAKE AND ONO WITH THE ENTIRE
/
AND WITH THE PACIFIC RAILROAD.
It's valuable franchises and superior advantages
will place the CuEsPEAKE AND ONO RAILROAD
COMPANY among the richest and most powerful
and most trustworthy corporations Of the coun-
| try AND THERE EXISTS PRESENT VALUE, IN COM
PLETED ROAD AND WORK DONE, EQUAL TO THE ES-
TIE AMOUNT OF THE MORTGAGE
| The details Of the Loan have been arranged with
special reference TO the wants Of all classes Of in
yestors and combine the various features Of con-
yenienco, safste and protection against loss or
! fraud.
The Bonds are in denominations Of
$1,000, 5000 and 500.
They will be issued as Coupon Bonds, pdydls 10
Bearer, and may be held in that form or
The Bond may be registered in the name Of the
owner, with the coupons remaining payble to
bearer attached the principal being then trans.
ferable only on the books Of the Company unless
re-assigned to bearer OF
The coupons may be detached and cancelled
the Bond made permanent Registered Bond
transferable only on the books Of the Company
and the interest made payable only to the regis
tered owner or his attorney.
The three classes will be known respectively as
Isl. Coupon Bonds payateio Bearer.n
"a. Registered Bouds tcih Coupons attached.
3d. Registered bonds ,cia, Coupons detached,
and should be 30 designated by Correspondent
: in specifying the class Of Bonds desired,
They have THIRTY YEARS to run from Januar,
IS, 1870, with interest at six per cent per annnm
from November I, 1869. PRINCIPAL AND NTEREs
PAYABLE IN GOLD IN THE CITY or SEv.YoRK
The interest is payable in NAY and NoyEMBER
that it may take the place 81 that Of the Garlic
issues Of Five Twenties, and suit the convenience
Of cur friekds who already hold Central aud West
crn Pacific Bonds, with interest payable in Janu
airy and July, and who may desire, in making ad
ditiona investments, to have their interest re
ceiyabe at different seasons Of the year
The Loan is secured by mortgage upon th
entire Line Of Road from Richmond to the Obi
River, with the equipment and all other propert
and appurtenances connected herewith.
J. A SNKING FuSD on $4,000 PAR ANSuM u PRO
yfDED ron THE HEDExPaoN on THE BoNDs, \
TAXI EFFEcr oSE YEAR AFrER rHE COMPLETION o
The Bo1D.
Tho mortgage is SIS 100000 Of which 81, Oo0, 90
win be reserved and held in trus, for the redemp
ton Of outstanding Bonds Of the Vbg,nia Centre
Raaroad Company, now merged IN tbe CBEsi
PEAEE ASD ONO
oithe remaining 1850 900, asafcient amour
viii be sold 20 complete the road 10 the Ohio ri'
er, perfect and improve the portion nov IN ops
ration and thoroughly equip the whole for
large aud sctiEe traffic.
TIE present price Is % and accrued interest.
A l4oAu 50 SIMPLY secured, 20 carefully gnarde'
aud 20 certain hereafter 70 command prOnliner
place among the faygnte securities n the mari
cts, both = this country and Earope uill DO
: once appreciated and quickly absorbed
e VERY respectfully
3 9 FISK a. HATCH,