Staunton spectator. [volume] (Staunton, Va.) 1849-1896, 1870-04-26

entire Railroad systems of the west
ana Southwest, and sisaa the Pacific
Railroad.
Its valuable franchises and superior advanta-
ges will place the CHESAPEAKE AND Quo RAIL
ROAD COMPANY among the richest and most pow-
erful and trustworthy corporations Of the coun~
try; AND TIL ERE EXISTS A PRESENT
VALUE, IN COMPLETED ROAD AND
WORK DONE, Equal to the Entire
Arncum. of sEe Mortgage.
The details Of the Loan have been arranged
with special reference to the wants of sill classes
of investors, and combine the various features of
convenience, SAFETY and protection against loss
or fraud
The Bonds are in denominations Of
$4,000, $500 and azoo.
They will be issued as Co&pos. Bonds. povoble
to Bearer, and may be held in that form: or
The Bond may be registered in the name of
the owner, with the coupons remaining payable
to bearer attached, the principal being then
trans ferabla only on the books Of the Comnany,
unless reassigned to bearer Qp
The Coupons may be detached and cancelled,
the Bond made d permanent Registered Bond,
transferable only on the books of tie Company.
and the interest made payabie only to the regis
taress owner his attorney.
The three Glasses will be known respectively
as:
BEARER
End "REGfsTERED BONDS WITH CoU-
PONS ATTACHED"
3rd. 'REGISTERED BONDS WITH COT
PONS DETACHED" and shcula be so desig-
mated by correspondents in specifying the class
of Bonds desired,
They have THIRTY YEARS to run from
january l5 1870, with interest at six per cent.
per annum from Noyember |; 1869 PRINCI-
IN TIE CITY OF NEW Y0RN. '',.--'' >
The Interest is payable in MAX and NoyEM-
Der. that It may take the place of that of the
earliest issues Of Five-Twentes and suit the con-
venence of our friends who already hold Cen
trail and Western Pacific Bonds, with interest
payable in January and July and who may de-
sire in making additional AYE stnents, t6 have
their interest receivable at different seasons of
the year.
The Loan is secured by {, mortgage upon the
entire Line Sc Road 1Rom Richmond to the Ohio
ty and appurtenances connected Herewith
"A SINKING FUND OF $4,000 PER- AN
NUN Is RRoNIDED FOR THE REDEMP-
TIoN OF THE BONDS, TO TAKE EFFECT
ONE YEAR AFTER TIE COMPLETION
OF THE RoAn,
The mortgage is for Sl5, eao, o,o. Of which ST.
GOD CJa will be reserved and held in trust for the
redemption of outstanding Bonds OF the VIRGINIA
Central Railroad Company, merged in the
CHESAPEAKE AND OHIO.
OF the remaining $l3, coo 0O0 q sufficient
amount will he sold 20 com late the road to the
Ohio River, perfect and improve the portion now
ia operation, and thoroughly equip the whole for
a large and active traffic
The present price is 80 and accrued interest
A Loan so amply secured, So carefully guard
;nent place among the favorite securities in the
market. both of this Country and Europe. will
be at once appreciated and quickly absorbed,
Very respectfully,
FISK & HATCH.
o5.a Bankers.
suil nsrtc,ilars; statistical details, maps etc,
which will be furnished upon application.
m4y We i,uy and sell Government Bonds, and
receive the account of Banks Bankers, Corpora
tions and others subject to check at sight, and