The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1872-09-13
FINANCIAL.
A ENCOURAGEMENT FOR PROPOSALS..
OFFICE OF FISK & HATCH

|
| A INVOLVEMENT FOR PROPOSALS.
OFFICE OF FISK HATCH
Bankers and Financial Agents of the Chesapeake an,
Ohio Railroad Company.
| New YORK. Sept. O. 1872
BY direction of the President and Directors of the
Chesapeake and Ohio Railroad Company we offer. TO,
proposals. all the remaining balance of their First Mort
gage Six Per Cent Gold Bonds now amounting to
s2,a237OO Proposals must be accompanied by deposit
of Ave per cent and will be received up to and nclud-
ing Monday the 10Th inst, the directors reservng the
right reject any proposals which it may not be for the
interests of the company accept Ave per cent de-
post will be applied toward the payment in case of &C.
cepted bids and returned those whose proposals are
not accepted ..g
The President Of the Company, Mr. G. p. Huntington is
well known the Vice President of the Central Pacific
Railroad Company, and the energy displayed in the
management of that corporation, and to which its
markabe largely due being put forth in the
Chesapeake and Ohio.
The Board of Directors is COMPOSED of probably as
strong and able associated together to
carry out great enterprise. Among them are the fol
lowing well-known New York merchants
Messrs. A. A. Low, WIN. II. AsPINwALI,
JONAS G. CLARK DAVID STEWART,
VIM wHITEwRIGHT, JR.
This road will extend from Richmond to the heart of
the Great West at point Ohio River ss miles be-
low Ptsburg where Will at once connect with 1900
miles of river navigation by connecting roads
with the whole great system Of Western railroads. thus
giving short, direct and easy graue
Of people and nexhaustibe products Of the West
the Atlantic Coast and in return furnishing with
iron from along the line the road Itstrafc must be
immense 1t will cost iulIy equipped, upwards of
$sooOOOo Ofthe whole length of the line AZ miles,
this date 800 miles completed the grading is
y done on the remainder the iron is being rapidly laid
and during November nextit expected trains will
through to the Ohio River.
The Western end, 200 miles will be nearly all laid with
steel rails the bridging all iron and the masonry first
class In every respect
The total amount of these Bonds is sl5OOO,oOo The
amount sold by from the date of bringing
is sI44s9,GoO
The amount offered by us Is made up as follows
Unsod balance ofloan above ........... $50, 400
Repurchascd and received in exchange for De-
benture Bonds the Company. ............. 2As3OO
Leaving balance subject to proposals. s2923 700
Should the proposas exceed this amount A proper
award among the accepted proposals will be made. An
opportunity for savings banks, Insurance companies
estates and investors to get good Bond great
road, at moderate price, is rarely offered.
The Bonds are issued In denominations $780, $500
$1,000 either coupon registered interest payable May
and November; both principal and interest payable in
New York city, in United states gold coin The accrued
interest from May will be added all accepted pro-
posals
Proposals should be addressed to
FISK 4 HATCH Financial Agents
Chesapeake and Ohio Railroad Company.
A FUND OF $4,000 TO LOAN ON NEW YORK
n Property; $1,000 Brooklyn; 100000 to loan
box $40 Posi- ONCE, New York.
A MONEY. TO LOAN ON BOND AND MORTGAGE
"a. in New York, Brooklyn and New Jersey Principals
only apply to SAMUEL ). WOOD, Jr, 100 Broadway,
room 10
~ chants, manufacturers and others. Persons with
capital seeking Investments advised OF approved oLpcr
CO., financial and Business Agents IS Broadway.