New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-07-06
INTEREST SECURED BY SPECIAL. GUARANTEES
As HEREUNDER DEsCRInED.

The line of the Chicago Atlantic Railway now in course
OF construction has length miles, extending from Mar
ioh ONO TO Chicago entrance into superior terminal
acihtes at Chicago having been already secured by con-
tract with the Chicago Western Indiana Railroad Co
pany which contract the bondholders to-
geher with all the property Of the Chicago and Atlantic
runway Company, including its fun equipment II Is road
m Dens constructed as trunk line under the supervision
HUGH j. JEWETT, PRESIDENT NEw.YoRK LAKE
ERIE AND WESTERN RAILROAD COMPANY and for
the express purpose of independent Western o
let to the Erie system, which heretofore been
Tor its western traffic upon ether lines rnnning into
Chicago from the East controlled by rival corporations The
New York. Lake Erie and Western Railroad reaches tr Chi
cago and Atlantic Railway (Which for its entire distance rms
parallel with and about IS miles the Pittshurg Fort
"ayhea and Chicago Iaroad) the New-Yok Pennsyl
'ald ana ONO Railroad from Salamanca Marion
three companies have perpetual proriing contract
while THE CONTROL Chicago and Atlantic c,ns,,
mas pcen occurred for an extended period NwYORK
LAKE ERIE AND WESTERN RAILROAD COMPANY
THE LATTER AGREES TO PROVIDE ALL FUNDS TO
COMPLETE THE CHICAGO AND ATLANTIC RAIL
WAY required and above proceeds Of the present
issue Of bonds and the subscriptions s capta stock and
the NewYork Lake Erie and Western Railroad Compapv
FUHIHER GUARANTEES TO THE TRUSTEE OF
THE BoNDHoLDERS the interest upon the bonds
uhul the road IS completed THE INTER
EST is FURTHER SECURED by pledge TO
the trustee of the GROSS EARNINGS Of both
TIE NEWYoRK, LAKE ERIE AND WESTERN Rail.
hoHp ana inc NETWORK, PENNSYLVANIA AND
OHIO RAILROAD on all traffic going aud coming from
the Chicago and Atlantic Railway Company MAKING THIS
INTEREST A FIRST CHARGE not only upon the NET
EARNINGS OF the latter alone ALSO upon the
GROSS REVENUE received business FOR and FROM
ALL POINTS on THE NETWORK, LAKE ERIE AND
WESTERN RAILROAD and the NETWORK. PFNNsYT.
WANNA AND OHIO RAILROAD between Marion Ohio
and the CITY OF NEWYORR The entire annual interest
upon this issue Of Bonds AMOUNTS TO $500 Ooo
WHILE DC RING THE YEAR 1850 the gross earnings Of
u" York. Lake Eric and Western New York
Pennsylvania and Ohio Railway Companies IRON through
uah' west OF Marion amounted, according figures fur
mshed by General J. H. Dovereux. President NcwYork
pennsylvania and Ohio Railroad Company. 81 3D. 600
upon freight alone not counting any Passenger II
would therefore appear that these Bonds being
The entire amount of the first amply secured
and should nj commend themselves to investors
THE UNDERSIGNED HAVING. AFTER A CARE
FIJI EXAMINATION THROUGH EMINENT COUN-
Sci INTO TIE LEGAL STATUS or THE CHAR
ANTEE~, PURCHASED THE ENTIRE Issue OF
THESE BONDS OFFER THE SAME FOR PUBLIC
~ B~C RIPTION.
AZ the Price Of 1902 i-2 Per Cent
AND ACCRUED INTEREST TO DATE OF DE
LIVERY. THE RIGHT BEING RESERVED TO AD-
VANCE PRICE AND TO CLOSE Subscriptions
WITHOUT NOTICE.
PENDING TIE PREPARATION OF THE BONDS
BOND CERTIFICATES WILL BE ISSUED BY THE
FARMERS LOAN AND TRUST COMPANY, CONVEX.
1IBLE By THE LATTER INTO BONDS WHEN EX.
ECUTED.
SUBSCRIPTIONS WILL. ALSO BE RECEIVED At
AMSTERDAM. HOLLAND. TIM -ECt RING ~ -
NCRIBER~ THE ADVANTAGE Or AN INTERNA-
TIONAL NARIAET.
KUHN, LOEB & Co.,
81 Nassau Street, NcW-NOrlI.
R1ukiro 4,oucrc nuN p,-l,rrc