The spirit of democracy. [volume] (Woodsfield, Ohio) 1844-1994, 1876-11-14
b. s. w. Railway Bond.

vor in both of them.
B. & s. w. Railway Bond.
The Bonds to be issued by the b. Il
S. W. Railway read as below. The es
pecial attention of those who feared
that they would be held for double the
amount subscribed is called to the clause
which we put in italics:
UNITED STATES OF AMERICA,
STATE OF OHIO,
Bellaire and South W estern Railway Co.
First Series. s. Me-
First Mortgage Sinking Fund Bond.
Know all men by these presents that
the Belaire and South w estern Railway
Company is indebted to--
or the bearer hereof, in the sum Of
dollars, liwful money of the United
States of America, which it promises to
| pay to the holder hereof on the first
day Of November, in the year one thou
sand eight hundred and ninety six. at
the American Exchange National Bank,
in the City of New York, with interest
thereon from the first day of Novem-
ber, A. D. 1876, at the rate Of seven per
cent. per annun, payable semi-annually,
at the said American Exchange National
Bank, in the city of New York. on the
first days of May and November of
each year, on the presentation and sur
render of the annexed coupons, as they
severally fall due,
In case Of default for the period of
six months, ir the payment of interest
upon this bond, the principal hereof
shall then be due ard payable, in the
manner, and with the effect provided in
the Deed of Trust or Mortgage herein
after mentioned
This bond is one of three series OF Bonds
issued, and 10 be issued, amounting in
the aggregate to S66S coo, each for
$1,000, $500 or 500 of like tenor and
date numbered from one to eighteen
hundred and ten, inclusively, all OF
which bonds now or hereafter to be
issued are secured by Deed of Trust
or Mortgage bearing date the twenty
first day of October, one thousand eight
hundred and seventy six, duly executed
and delivered by the said Bellaire and
South Western Railway Company TO
----as Trustee, conveying the
Railway of said Company, stlucted
or to be constructed, in the State OF
Oiiv, and described in the said Deed of
Trust. and the Equipments, Appurte
nances and Franchises therein mention.
ed.
1t being understood and agreed that
the First Series of Bonds numbering
from one to six hundred and eighty, in
clusively, amounting to S240,000 shall
be applicable to the use of and shall be
lien on the First Division of said Rsil-
way, extending from Bellaire to Woods.
field that the Second Series of Bonds,
numbering from six hundred and eighty
one to thirteen hundred and ffty, inclu-
sively, amounting to the sum of $3.50,
600, shall be applicable to the use of
and shall be lien only on the Second
Division of said Railway, extending
from Woodsfield TO the Muskingum
River; and that the Third Series of
Bonds, numbering from thirteen hum
dred and ii ty-one to eighteen hundred
and ten, inclusively, shall be applicable
to the use of and shall be a lien only
on the Third Division of said Railway,
extending from the Muskingum River
to Athens, Ohio.
This B nd also entities the holder to
the benefits of the Sinking Fund, by the
sail Deed Of Trust provided. 1t is
agreed between the said Railway Com
pany and the holder Of this Bond, that
in case OF default in the payment here
Of, the said Company will waive, and
does waive, the benefit of any extension,
stay or appraisement laws now existing
or which may hereafter be enacted; but
it is also agreed that the Stockholders of
said Company shat not be holden for
any indiuidual liability beyond the
amount Of The Stock held by them Jointly
or III sereraNy
This Bond shall not become DBL ga.
tory until authenticated by certificate en-
dorsed hereon and duly signed by the
Trustee. Such certificate upon each
Bond, so signed by the said Trustee
! shall be conclusive proof that the said
Bond is secured by the hereinbefore re-
cited Trust Deed or Mortgage.
In witness whereof the said Bellaire
and SouthW es,ein Railway Company
has caused its Corporate Seal to be
hereunto affixed and these presents to
be subscribed by its President and by
its Secretary this fist day of Novem-
Der A, D 1876 81
--Secretary -President."
y Forty coupons are attached, the first
of which reads as follows:
"S-- FIRST Mortgage Bond. S. S. :
/ The Bellaire and South W cstern Rail.
way Comply will pay to bearer dol
lars, at the American Exchange Nation.
al Bank in the City of New York on
the lst day Of May 1877 for semi an.
nual interest on B md No =
The Bonds are handsomely lithogra
| pho1 apa in oizo ora cnnauhof 1aroo,