Ashtabula weekly telegraph. [volume] (Ashtabula, Ohio) 1853-1873, 1871-01-21
Fl n A y c l A L |
SAFE! PROFITABLE, PERMANENT.
JHy Cooke & Co.,

OFFER for sale at par and accrued
interest the First Mortgage Land Grant Gold Bonds Of
from United states Tax and are issued of the following
aInpma a sns g. ono c9aPSEs si9o S sOoo Registered
With the same entire confidence with which we com
mndcd tioyGrnnent hnnds to Capitalist and People.
we now ater the tnls investigation. recon- end there
Norhern Mcfc Railroad hpHds to friends and the
general public.
Gold Payment.-Both principal and interest are
payable in American gold coin, at the oflc. of Jay
Of 81 years and the interest The Of seven and
nary and luly.
Perfeet Safety.-The bopds we are now selling,
ar secured by first and only mortgage all the prop
eriy aud rights of The Northern Pacific Railroad Comps
ny which will embrace On the completion of the work
/. Over Two Thousand Miles Of Roai with rolling
stock buildings. anda other equipments.
f. oySr % TlTsntyyo Th9ussnd Acres Of Land to every
and mineral. uniting in all to more than Fifty i'll
Ion Acres, consisting OF alternate sections, reach.n
IN f spsH Se S1dari
the richest portion 9r Minnesota D'koia Montana. Ida
hn, Oregon aud Washington, to Puget Sound.
While the government does not directly guarantee the
bonds Of the Road II thus amply provides Tor their full
ana prompt payment by an reserved right OF land the
most valuable ever conferred upon great national i'm.
proyement.
The Mprtgage.-The grustees under the Mort
gage, a,e MesSrs jay Cooke Of Philadelphia apd Ed
gar Thompson, President of the PENNSYLVANIA Central
Railroad ID They will directly and pcrmanany repre-
seat the interests OF The Frst Mortgage bond holders
and required see that the proceeds r land sales
are used IN purchasing and canceng the bonds of the
Company II they can be bought before maturity at not
more than lOper cent premium; Otherwise the Trustees
are to invest the proceodes of land sales in H. Bends
or Real Estate Mortgages for the farther security of
all times In their control security least 500 acres
Of average land to every Of outstanding first
gage honds besides the railroad itself aud all its equip
ments and rsnchises
Pro6ta ableness.-ofc course nothing can be safer
than the bonds of the United States but the Govern
men Is no longer borrower, and the Nations pres.
Of DEVELOPING A CONTINENT, we remind those who de-
sire to increase their income and obtsln more perma-
nent inyer ment, while su1 having perfectly rea
BILE security that:
United States 52os at their average premium yield the
purchaser h less than ~ per cent gold Interest
%sas SG IN 5en%e hra they E9Sd % really pay GPy * per
premium would meanwhile be sunk.
Northern Paciac TAOS selling at par In currency Weld
the investor s10 per cent gold interet absolutely for
thirty years free io% Unite, United State: tag 1o9 cur.
year In gold. say Ss 81 100 currency Invested in
Northern FSelho win yield per year in gold $50
Here difference OF to 10 per cent in pripcipa when
both classes Of bonds are redeemed.
The Road now BaIIdIng.- Work was begun
In July last on the eastern portion Of the line and the
millions the companys bonds build sDd equip the
TSd o9 aaSs sSpesr SSro.s Ninnese,a 70 The Red
vision s well advanced the being rapidly laid;
several thopsad men are at work on The line and Ahont
tue nFsl OF Angurl next ths Important eection OF the
road will be IN full operation. In The meantime orders
have heen sent 10 the PacAc coast for the cOmmence
ment Of the work on the Western end IN early Spring
and tboreaftor the work will DO pushed both eastward
and Westward with as much speed may be consistent
with solidity and wise economy,
Receivable for LandS.-These bonds will he at
all timer before maturity, receivable. ~ lao In pay
ment for the Company's lapds, at tAeir lowest cash
price
Ropds Exchangeabls.-The registered bonds
can te exchang at any time FIR coupons the coupons
for registered and hoh these he EXCHANGED eF 9th
ers. payable, princ al and Interest any Of the prpGi
pal financial centres U Europe In the coin OF the va
Gus European countries.
How 10 get them. Yopr nearest Bank or Rank
win supply there bonds In any desired amount and
az any needed denomination. Persons wishing 70 ex-
change stock other bonds for these can do with any
OF our egents wlo will allow the highest current price
Tyr marketable eecuritles
Those living IN localities remote ffom banks NAV
send money or other bonds, directly to us by exprsss
and VIII sand hack NotheEn PAeiAo bonds az our own
risk. and without cost totnvestors For further inform
alton pamphlets, maps, etc. call address the
sell this loan
u. y PAINTER, RGnEses,
Cleveland,
GENERAL ACT. FOR NORTHERN OHIO,
For sale tR AslA'abgse County By
Farmers National Rsnk, Asblebula
First National Bark, Jefferson.
Savings and Loan Assooistiou, Jeffereon.