Worcester daily spy. [volume] (Worcester [Mass.]) 1850-1888, 1871-02-14

THE ROAD Is SIXTY.EIGHT MILES LONG, rum
ming through Hartford and Litchhed Counties having
is Eastern terminus in the City of Hart ord where it
connects with Railways already constructed, extending
North, East, and South, and with Connecticut River
Boats.
Its Western terminus is at Mllerton Station on the
Harlem Railroad, by which road through connection is
secured to New York Albany and at the latter point
to the West by the New York Central Railroad.
At Minerton it connects with the Duchess and Co
umbia, and the Poughkeepsie and Eastern Railroads
the former terminating at Fshkill, where 1t connects
with the Erie and Hudson River Railroads. North
River Boats AMI the latter terminating at the growing
ana enterprlsing city of Poughkecpsie.
1t will also connect with the Connecticut and Rondout
Railroad to be built thus securing direct commun-
icaton with the Eastern Depot of the Delaware Hud
Canal Company, and the RondouC and oswego and
Midland Railroads.
Immediate connections are made with the New Haven
and Northampton Railroad at Sim. bury, and its New
Hartford Branch at Collinsve and New Hartford the
Naugatuck Railroad at Winsted and the Housatonic
Rllroad at Canaan.
The villages through which 1t passes, many of which
are largely in he of heavy iron goods are
Bloomfield, Tariffvile, Smsbury, Clinton, Colinsville
Pine Meadow, New Hartford Wlnsted, Norfolk, West
Norfolk East Canaan, Canaan, Chapinvllle Salisbury,
ami Lakeville
1t holds the most eligible ground for the West
Road between the Sound and the Western Railroad of
Massachusetts, and by of the physical character
of the country must control large local and through
business beyond The reach of mletition
Its central position drectncss and connections with
the network OF roads West from the Hudson River as
well as those leading Boston other points East and
North must inevitably make 1t the main avenue for pas
senger travel East and West.
Its reightng business can hardly be estimated The
populous country which it taverses will be directly
pendent upon it Tor supplies Lumber, GRAIN Cattle
Breadstus and Coal hitherto obtained by circui
tous and expensive routes.
Its connections with the coal fields are short and d-
rect reaching, does, the depots of the two ea
companies to wit, the Pennsylvania Coal Z, mpaRy at
Newburgh and the Delaware and Hudson Canal Com
pany at Ron OUT, enabling the company only sup
ply the large demand for coal along the line its own
road but that Of connecting roads North and East
dee 1T is believed by those who have efuly invest
gated the subject, that these coal companies will.
supply larger amount Of tonnage than be trans
ported over single track road.
The cement from Hnlson the immense iron interests
of Salisbury, the lime and marble of Canaan, and the
heavier manufacturing interests of Collnsv,, New
Hartford and Wins ed, guarantee large profitable and
increasing freight business.
The estimated cost Of gra ling, masonry and bridges
ready the ack 800 OO the correctness of which
estimate is fully justified upon careful revision after
the completion OF more than fourhfths of the work
The capital stock, already subscribed, nearly every
dollar of which is owned along the road 81 100000 Its
management is in the han a board of dl ectors v-
ing upon line and interests are watched and cared
for with unusual vigilance.
The bonds are issued in denominations of $500 and
$1,000 with coupons bearing per interest and
at the option of the holder be registered in the oc
of the company thereby securing safety in case of rob
berry or loss,
The coupons are payable July and January at the Me
tropotan National Bank New York.
The Bonds are absolutely SAFE being secured by a
Mortgage of all the Property Right and Franchises of
the Company to the Treasurer the State of Connect
cut in rnst for the holders and their exemption from all
taxation makes them equal to taxable securities paying
nine and ten per cent.
HOW TO GET THEM. Your nearest Bank or Banker
will supply these Bonds in any desired Persons
Wishing to exchange other securities for these will be
a low the highest market price
The total issues of Bo DIS not to exceed twothds the
amount actually expended in the construction OF the
road. Coupons paid at our office.