The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1871-12-27
SPECIAL NOTICES.

HOME SECURITIES.
BON DS
EUROPEAN AND
NORTH AMERICAN
'rt't RAILWAY co.
TNHE e. & N. A. RAILWAY is completed from
l. Bangor. Maine, 10 st. John. New Brunswick,
distance OF 2c2 miies,-with the exception OF IS
miles between VIM. Me-, and the boundary line OF
the State VancebNro'. On this portion the track
is now heiug lad, both from Winn easttodrd and
from vaneeboro' tcssttoard. and the work will be
John in September next.
This road will then be
THE ONLY RAILWAY %.
CONNECTING THE UNITED sTATEs
AND THE BRITISH PROVINCES thew
Brunswick and Nova Scotial. The population OF the
maritime Provinces is about ONE MILLION,
and all the land travel. freight, mails. &c. between
line, which is WlTAoUT UOMPETlTION.
Although not yet completed, the business of the
road is already far greater than its sanguine
friends predicted, and Is continually increasing.
The net earnings frem Local business alone,
on the Sc miles completed In Maine already exceed
ON Two anu one quarter millions OF dol
lars, aud win be'largey increasing after Sept next
by the business to- nd from the Provinces.
To complete this ssand to equip IT fully its
present large business and the immed ate Increase
consequent upon its completion. reqnres,-the Com
pany has issued its Bonds 10 the amount Of Two
Millions OF Dollars, secured bya
FIRST AND ONLY MORTGAGE
K RTY FROM WsNNte vANCEBO 70,
besides Second Mortgage on the entire road and
equipments from Bangor to Vim, Sc miles. This
on is mortgage to the city OF Bangor for 00t
q and. in addition thereto, by Inst AND
ONLY MORTGAGE on
81 100000 ACRES OF LANDl
Maine to aid the construction OF this road They are
situated along the Penobscot and st. John rivers,
an are heavily timbered and valuable. Large
tracts especially 10 the fertile Aroosook Valley (the
finest agricultural district 10 the Stste vauab
for farming lands we'll ~ for their timber. This
immense grant of lands equals about
1900 Acres to each Mile
Of Railroad with which they are mortssged. They
1850 square miles NEARLY large as the State
OF Rhode Island, which Is 1906 square miles) and
are OF great value.
Thus, besides the mortgage OF the Railway, its
equipments, SC, which alone is am pie security for
the Bonds, there are timber and farm lands to the
amount of .ts.
400 ACRES TO EACH BOND.
The Bonds are TOR $1,000 each, due March I, 1889,
bear interest at
SIX PER CENT. PER ANNUM,
PRINCIPAL AND INTEREST PAYABLE
GOLD COIN,
Free From U. q. Taxation.
Coupons payable March and September /. in New
York. Bonds registered if desired, Coupons made
PAYABLE eG eachl in London, England, ii preferred.
SINKING FUND-All proceeds OF sales Of land,
by the Trustees to be invested in these Bonds IL
they can be bought at or 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 paid. the e. & N. A.
Railway Co. is bound to pay to the Trustees sum
o. Rond one es cent, Of me
received on securities. belonging to the Sinking
Fund are to be invested above stated. and these
accumulaoDs are solely for the purpose OF ad Jtion
ally providing for the redemption of thesc Bonds.
The Sinking Fund constitutes third great element
OF securing and strength, and adds TO the safety Of
The Trustees are Hon. HANNIBAL HAMLIN, of
Bangor, Me, and j. EDGAR THOMSON, ESQ.,,
OF PHILADELPHIA. Pa. t ..
The Trustees are authorized to receive the Bonds
at Par and Accrued Interest in payment for
any OF The lands at their appraised value.
80 and Accrued Interest in Currency.
U.S. Bonds and all marketable securities receiv-
ed at highest market price In exchange for these
Bonds, and can be sent by Express and these e
turned by Express, free of expense the purchaser
Pamphlets giving further partioulars concerning
the connections and business, with Maps, showing
the location and lands of this road sent free ap
phcati0n TO
ELIAS MERRILL.
Principal Agent of the Company for the
Sale of Bonds,
BA N G OR, M AINK,
SWAN &c BARRETT,
Bankers and Brokers,
100 Middle Street. Portland,
w-On completion lin 1S72)oi go miles OF Railroad
now building, between St. John, N. B, and Halifax
N. s, there will be unbroken line OF Railway
from Halifax 10 all tho chief cities OF the United
Statcs and "a two three days OIL ocean travel can
be avoided, and about sc hours time saved from
New FORK, in going to or coming nom Europe, by
rail to or from Halifax,-a large business in pas
sengers, mails AMI freight will thereby be ADDED to
the trafhe over tha k. 81 N. A. Railway.
July 13-sneod If