New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-07-03
INHERENT SECURED BY SPECIAL GUARANTEES
AZ uEREINDGR DESCKIREu.

I'o line OF the Chicago and ianc Railway in course
OF length of miles extending from Mar
,olo' 20 Nhcago entrance into and superior terminal
aot'cs ut Chicago having already secured by con
tract win the Chicago and Indiana Hoilroad (om
p"S' "hoh contract IL mort the bondholders to-
WIN al tho property of the Chicago Atlantic
"hy Com pnny, including its equipment This rsad
constructed as trunk line under The supervision
HUGH j. JEWETT, PRESIDENT NETWORK IAKr
ERIE AND WESTERN RAILROAD COMPANY and for
the express purpose Of securing Western ont
leu To the Erie system which heretofore has been epenent
r ts estern traffic upon the lines running into
rom 'e East controlled by rival corporations Tho
Newfork Lake Erie and Railroad reaches tho Chi
'a'' ana Atlantic Railway (Which FOR its runs
parallel with and about sont of the Pittsmrr Fort
ana chicago Railroad over the New Pennsyl.
wanna "Ed Ohio Railroad from Salamanca Marion and tho
'o companies have mado perpetual proratng contract
VIM" THE CONTROL OF the Chicago Atlantic COMPANY
mas been secured for an extended period by NEwYOEK
LAhE ERIE AND WESTERN RAILROAD COMPANY
THE LATrER AGREES TO PROVIDE ALL FUNDS TO
COMPLETE THE CHICAGO AND ATLANTIC RAIL
WAY required over nni above proceeds OF the present
issue oi bonds and the subscriptions capital stock and
he Newfork. Lake Erie and Western Company
FURTHER GUARANTEES 70 THE TRUSTEE OF
i'' hoNphoiDERS the int"rcst upon bonds
until tho road IL completed. THE INTER.
E9l IL FURTHER SECURED by pledge to
The trustee of the GROSS EARNINGS Of botn
TIE Nh"'loHk. LAKE ERIE AND WESTERN RAIL.
ROAD and tho NEW YORK, PENNSYLVANIA AND
oilp RAILROAD on all tr-,hc going coming from
the Chicago and Atlantic Railway Company MAKING THIS
l., ',...9i FIRST CHARGE not only upon the NET
'''t''''N OF IN" latt'r road alone, BUT
'i'S0 VENUE received ont OF business and FROM
ALI tplSTS ON THE NETWORK. LAKE ERIE AND
NiSlEi'N RAILROAD and the y EW YORK. PENNSYI.
NNN'A AND OHIO RAILROAD between Marion. Ohio
'"d Tie CITY OF NEW-YOR< Tho annual interest
ul"a this issue OF Bonds AMOUNTS TO sJ0O.0oO
WHILE DURING THE YEAR 1859 tho gros. earnings Of
'' NrNor. Lake Erie AMI Western the Ncys.Y York
f'nns' 'ania aud ohio Railway Companies from through
frame west OF Marion amounted. according TO figures fur.
hsh"d by General J. II ncyercux. Prcsdcut New.York
rounsyyaui, ana ohio Railroad Company to ~ JOO0oo
upon H%t alone not counting any passenger busines 1t
would therefore appear that So 100000 Hons being
Ia entire amount Of the nrst MORTGAGE amply secured
and should al once commend Themselves % investors
THE INDER~It.Nl.D HAVING. AFTER A CARE.
III Il ENANIN ITION THROUGH EMINENT C0yN.
'-Ei. INTO THE LEG ~. STATIS OF THE GUAR.
ANffE~. PURCHASED THE ENTIRE ISSUE or
These BOSD~, OFFER TIE SANE FOR PUBLIC
SUBSCRIPTION.
III The Price Of lO2 - Per Cent
AND ACCRUED iNTEIsE>T DATi or DE
LIVERY. THE RIGHT BEING RESERVED TO An-
VANCE PRICE AND TO CLOSE II BsCRIPTIONs
WITHOUT NOTICE.
PENDING THE PREPARATION OF THE RONns
BOND CERTIFICATES WILL ne ISSUED BY THE
FARMERS LOAN AND TRUST COMPANY CONVl;R
rIBLN BY THE LATTER INTO BONDS WHEN TX
ECUTED.
SUBSCRIPTIONS WILL ALSO BE RECEIVED AT
AMSTERDAM. HOLLAND. THUS SECURING SUB
StRiBEH> THE ADVANTAGE OF AN INTERNA-
TIONAL MARlNET.
KUHN LOEB e. Go