Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1871-02-09
|CoMrLEr1oN
OF TEE
BURLINGTON, CEDAR RAPIDS d
MINNESOTA RAILWAY.
THE FIRST MORTGAGE
I PER CENT. GOLD BONDS,
COUPON Oh REGISTERED, AND
FREE OF o. 8. TAX.
enneipai and Interest payable in Gold, on fin
ished road, for sale at
~ AND ACCRUED INTEREST.
COMPLETION

The last rail of this important.ro.d re.-Ia,a
on the zotn OF January. thus completing the en-
erprise ane est .bllshing q connection between
p: raul and Of Loul- 30 miles shorter than any
'xistlng route and IS mules shorter than apy
contemplated route between the same points.
By this lima also the distance from Chicago to
ne great grain fields of Minnss sofa Is shortened
~ mics, and transportation proportion steiy
Iulckened and cheapened. The Firrr Mortgage
5onds assume therefore at once on the compile
Ion OF the iine position equal In intrinsic value
o those OF the Fort Wayne, Pennsylvania Gen.
trail, Illinois Central or any other First Mortgage
oonds OF completed trunk nnes-not one Of winch
sell below par.
The B., q. Z. & NJ Bonds are a First Mort
gage, amounting only TO go, 900 per mile on q
me OF 70 ad which has cost 90, 900 per mile The
lance having been supplied by liberal ubscrip-
81, ~ Lne STOCK az par, made by wealthy farm
crs ano parties interested along the line ana ike
INSCRIPTIONS on the part OF. TOWNS and counties
hrough which the road passes, which have adopt
q tnls :! sem OF giving th-ir aid rather than is
The earnings of the rad in its ineounlets
tate, and while deprived entir.ly OF through
connection, have been for the past three months
10 excess of ~ per cent on the amount of the
dortgage Bonds, after oeducting operating ex-
lenses. No road in the United states can show
d better record during its inception. When 10
adaea 70 tnis lucrative way traffic the profits
which will arise from the transportation OF the
vast wheat crop OF Northern Iowa and Southern
Minnesota, all of which must seek mark ct over
ems line, the result cannot but be showing
the Company, after paying the interest to the
oondnoldsrs as heretofore. The privilege which
attaches TO the bonds Of conversion into stock at
par VIII shortly assume practical value, 20 by
Inls privilege the bondholoers Will, By the con-
version be entitled share in any excess of earn
lngs which may accrue TO the road.
A small amount, 500, 90 m al, Of the issue
yet unsoid are etIll offered at the subscription
prlce OF 80 and accrued interest In CURRENCY AL
though the Company feel warranted IN the pres
ent condition of their affairs In advancing the
price OF their bonds, yet they have Concluded 70
continue Tor the present the subscrip ion at the
anne price as heretofore, in order TO effect rapid
sales and thus Tree themselves immediately from
all hoaung Indebtedness.
All market able securities taken in exchange
free OF Commission and Express charges.
HENRY CLEws Il CO.,
81 Wall street, New York.
TOWER. GIDDIHGs q ToRRY. BREW
sTER, SWEET CO., Boston, General Agents
for New England, and for sale by
h. F. FIELD, Cashier, Rutland,
b. w. HOWELL,
SPENCER, villa & CO., Boston,
FOG BROS & BATES,
HEAD PERKINS,
kIGH II1 Hill & CO, Boston.
ATWOOD & CO.,
HUBBARD BROS. & CO.,
BECK BROS,
STONE g. DOwNER
F. A HAWLEY & co,
j. ID. s URTEVANT
GEO. w. WARREN & CO,
OF whom pamphlets and information may b
obtained.
After a careful investigation Of the merits Of
The Burlington, Cedar Rapids q Minnesota g. B.
First Mortgage Bonds. we can confidently recon-.
mend them $ a safe and desirable Investment
TOWER, GIDDINGs & TORREY,
BREWSTER. SWEET 4 co.
jan1sdeod&vlmo