Ashtabula weekly telegraph. [volume] (Ashtabula, Ohio) 1853-1873, 1871-02-25


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NpDTrrpN- m. 0t ,ThE
NN"iiioiNSN 1AOlftO hAlLROAD co
Secured By FIrss Aiort0dge oq Railroad ana Lana
Grant
s.Du ruor,
AnbE' E@hAANENTf
,JaU Cooke & Co..
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VI blt Tor sale at par and accrued
inieIes me First Mortgage Land Grant Gold Bonds Of
Vom uhltq states Tax, and issued Of the following
% %aHm9m@lnSone @ m Coupons 800 5000, 600; Regstered
WIN the same entire confidence with which we com
mended Goyernmen bonds TO Capitalists and People.
we now after the fullest investigation recommend these
Northern Iacihc railroad boads to friends and tho
gener9l pnDc. a.,,
sod Baymcnt--B0th principal, and Interest are
payable ID American gold coin, al, the 9hics OF Jay
Cooke q Co. New YORK Cy-the principe at the end
of 30 years and the interest at the rate OF seven aud
three tenths per cent per sphu) hai yearly hsoJan-
q'.S qISS S.u, auu o,"ss Sc, Tho ho,ds ,,o oro 49,, ,,,
are Heoaen ny ist snu Only mosgf m om aii ihe prop
hc % M he comn,on nr the nP
"'' "i4''l "'i eo'"'o va ',' Nol,0'O VI 'e WIN
J.. over Two lhQnsand Miles oi hoau, win roihng
s'ooh, o".u'"ss' "nu a" o'"e' equP"en.s.
= over IWcniytW lnOushnu Acres OF Lana 10 every
mile Of finished road This land, agricultural timhered
and miaeTal amounting iHa TO more than Fifty Mill.
ion Acres, consisting of alternate sections reaching
twenty to forty miles on each side OF the track and ex-
tending in hroad fertile belt from Wisconsin through
the richest portion of Minnesota DakOta Montana Ida
no, Oregon and Washington, to Puget sound.
While the Government does not directly guarantee tho
bonds of the Road, 1t thus amply provides for their full
and prompt payment by ueserved right of land; the
most valuable ever conferred upon great national i'm
prUvement.
The MOrtgagc.-The Trustees under the Mort
gage. Messrs. Jay Cooke Of Philadelphia, and j. Ed
Railroad C0. They win directly and permanently repre-
seat the interests of the First Mortgage bond holders,
and are required to see that the proceeds of land sales
are used IN purchasing cnnceHng the bonds of the
Company fthcy can be bought before maturity not
more than 10 cent premium; otherwise the Trustees
invest the pruceCucs of land sales in U s. Bonds
Real Estate Mortgages for the further security of.
Northern Pacific bOn-hoders. Also that they have
all times in their control as security at least 500 acres
of average land to 81 900 of standing
gage bonds hesidcs the railroad itself and all its equip
ments and franchises.
PrOfitabIeness.- course nothing can he safer
than the bonds of the United States but the Govern
mentls noioRger borrower and as the Nations pres.
e WORK Is not that OF preserving It's existence Dnt hat
oi EyEhoPINs CONTINENT, we remind those VINO de-
sire TO increase their income and obtain more perma
heht lhEes nient Whlle sun having perfectly rels
Die security, that:
United States 5-sOs at their average premium Weld the
purchaser less than 50 per cent rOld nterest
Should they be redeemetn five vears and specie nav.
mcnts be resumed thcv woild really nav only ~ ner
cent or in three wears only M per cent as the present
premium would meanwhile be sunk
| o-.u.ho.,, r,,..eo - oo .o,,n.. =. -. :. .. IL,
the gd IH5sSRGy 5sSayeyy @
thirty years free from United States tax e 1oS cur
year in gold say $50 Sii0 currency invested now in
Northern Pacihc l3Os wiiyled per year in gold, 5000
Ve i, y Z, Jou & W ~ ~ per cunt