The Portland daily press., 1871-12-06


from Vauceboro' WesfUdrd and the work will be
completed aud trains running from Bangor to st.
John in Septembtf next.
THIS road will then be
THE ONLY RAILWAY
AND THE BRITISH PROVINCES New
Brunswick and Nova Scotia) The population OF the
maritime Provinces is about ONE MILLION,
them aud the Uni ed States, will pass over this Trunk
line, which is W1TH1UT go uPETITION.
Although not yet completed. the business of the
road is already far greater than its most sanguine
friends predicted, aud Is continually increasing.
The net earnings from Local Business alone
on the % miles com peted in Maine already exceed
the interest on two and one quarter millions OF dol
lars and will be largely increasing after Sept next
by the business 10 and from tie Provinces.
To complete this road aud to equip it fully its
present large business and the im.ned ate increase
consequent upon its completion. requires the Com
panv has issued its Bonds TO the amount of Two
Millions OF Dollars. secured bya
FIRST AND ONLY MORTGAGE
ON ITS ExTIRE ROAD AND PROP.
ERTY FReW WYNN 10 VANCEBOk O'
tbesides Second Mortgage the entire road and
equipments from Bangor TO VIM, Sc miles. This
portion cost some so 5000 o. and the only lien there
on is mortgage to the city OF Bangor for 81 ZOOLOGY
ONLY mo KTGAGE on N
Soo,oooACRES OF LAND!
Said lands being the same granted by the State Of
Maine to aid the construction OF this road They
situated along the PenobscOt and St. John rivers,
an are heavily tmbered and valuable. Large
finest agricultural district in the State are vauabe
Tor farmins lands as well as for their timber This
immense grant OF lands equals about fl1..
ID, 900 Acres to each Mile
OF Railroad with which they are mortgaged. They
1250 mies as q tha for
o. Rhode Island, which is 1906 square miles and
are OF great value.
equipments, &c, which alone is ample security Tor
the Bonds there are timber and farm lands to the
amount of
400 ACRES TO EACH BOND.
also pledged TO ensure the payment thereof.
The Bonds are for $1,000 each, due March 1, 1899,
bear interest at
SIX PER CENT. PER ANNUM,
PRINCIPAL AND INTEREST PAYABLE IN
GOLD COIN, .
Free From U. 8. Taxation.
York. Bonds regis erei if desired, Coupons made
PAYABLE 96 each in London, Eng and ii preferred.
SINKING FUND-An proceeds OF sales of land,
as well as OF Timber and other products therefrom,
by the Trustees, to be invested in these Bonds
they can be bouaht at par OF less; otherwise in
United States, State or Municipal Securities. And
on July L, 1879, and annually thereafter until these
Bonds become due or are all pai1. the E. g. N. A.
Railway Co. is bound to pay to the Trustees sum
of money equal TO one per cent. of the amount OF
Bonds outstanding. Such amounts, and all interest
received on securities. belonging to the Sinking
Fund are to be invested above stated. and these
accumuIati0ps solely for the purpose OF addition
ally providing for the redempti of these Bonds.
The Sinking Fund constitutes third great eeu ent
OF securing AMI strength, and adds to the safety of
these Bonds z sa 1BE 70 = FSl. Z ,ltfAf4f
The Trustees are Hon. HANNIBAL HAMLIN, of
OF Philadelpha, Pa.
The Trustees are authorized to receive the Bonds
at Par and Accrued Interest in payment for
any OF the lands at their appraised value.
These very desirable securities tor sale at
80 and Accrued Interest in Currency.
US Bonds and all marketable securities receiv-
cd at highest market price in exchange for these
Bonds, and can be sent by Express and these re-
turned by Express, tree OF expense the purchaser.
Pamphlets giving further particulars concerning
the connections and business with Maps, showing
ELIAS MERRILL,
Principal Agent of the Company for the
1 Sale of Bonds,
b A G o h M NE,
- ~ EyA9g OR TO
SWAN &c BARRETT,
Bankers and Brokers,