Worcester daily spy. [volume] (Worcester [Mass.]) 1850-1888, 1871-02-16
A DESIRABLE HOME INVESTMENT.
SEVEN PER CENT. FIRST MORTGAGE BONDS
OF THE
CON NECTICUT
Western Railroad Company.

HE ROND IL Sl&Tf-ElGHr MILES LONG, rum
ming through Hartford and Litcheld counties having
To Eastern terminus in the City of Hart ord where
connects with Railways already constructed extending
North, East, and SOUTH and with Connecticut River
Boats
Its Western terminus is at MlertOn Station on the
Harlem Railroad by which road through connection Is
secured to New York Albany, and the latter point
to the West by the New York Central Railroad.
AT Millerton it connects with the Dutchess ard Co
lumba, and the Poughkeepsie and Eastern Railroads.
the former terminating at Fshkill where it connects
with the Erie and Hudson River Railroads. and the North
River Boats, an the latter terminating the growing
anr enterprisng city of Poughkeepsie
1t Will also connect with the Connecticut and Rondout
Railroad to be built thus securing direct commun-
clOn with the Eastern Depot of the Delaware and Hud
son Canal Company, and the Rondou. 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 Wnstcd and the HousatopIo
Railroad at Canaan.
The villages through which il passes, many of which
are largely in he manufacture of heavy iron goods are
Bloomfield, Tariffvie. Smsbury linton, Coltinsvlc,
Pine Meadow, New Hartford, Wlnsted, Norfolk, West
Norfolk East Canaan, Canaan, Chapinville Salisbury
and Lakeville.
It holds the eligible ground for the Fast and 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 com edition.
Its central position, drecncss 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 the main avenue for mas
senger travel East and West.
Its freighting business can hardly be estimated The
popuous country which it will be directly de
pendent upon it for supplies Lumber GRAIN Cattle
Breadsuis and Coal hitherto obtained by most clrcu-
tOus and expensive routes.
Its connections with the fields are short and d.
rect reaching, 1t does the depots of the two gtea coal
companies, to wit the Pennsylvania Coal 4 mpapy at
Newburgh, and the Delaware and Hudson Canal Com
pany at Ron out, enabling the company only TO sup
ply large demand for coal along the line OF Its own
road, but that of connecting roads North and East In
dee it is believed by those who have ca efuy nvest
gated the subject that these coal companies will
supply larger amount of tonnage than can he trans
ported over single track TO I'd.
The cement from Hudson, the immense iron interests
of Salisbury, the lime and marble of Canaan and the
heavier manufacturing interests of Colllnsyn New
Hartford and Wins co. guarantee large profitable and
Increasing freghl business.
The estimated cost Of gra ing, masonry, and bridges
ready for the ack S5OO OO the correctness of which
innate is fully justitoi upon careful revision after
the completion Of more than ur-alths of the work
The alital STOCK, already subscribed nearly every
dollar of which ia owned along the road is 100000 Its
management is in the han board of di ectors liy-
g upon it, line It's interests are watched and cared
for with unusual vigilance.
The bonds are issued in denominations of $500 and
$1,000 with coupons bea ing per cent interest and
at the option Of The holder be registered in the office
of the company, thereby securing safety in case of rob
berry or loss.
The coupons are payable July and January at the Ne
tropolltan National Bank, New York.
The Bonds are absolutely safe. being secured by
Mortgage of all the Properly, Right AMI Franchises Of
the ComDany the Treasurer of the state of Connec
cut in trnt for he holders and their exemption from al
taXat makes them equal to taxable secrlt es paying
nine and ten per cent.
HOW TO GET THEM. Your nearest Bank or Banker
will supply these nds in any esired amount Persons
wishing to exchange other securities for these will be
low Il the hghesl mark I price.
The total issues Of 30 DIS not to exceed two hi ds he
amount actually expended in the construction CT the
road, IOupOus maid ufir