New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-07-05

NS' 49, ~
Both principal and interest payable the City Of
An gold coin M the Of America OF or equal 70
the present standard weight and nenss free from a
United ts,es state Municipal that NAV be required
by any present future laws TO be dedueed thereom
CENTRAL TRUST COMPANY OF NEw-YoRk'
TRusKE
Bonds form Of 81 900 each with provision
for the registration principal or In registered cerh
cafes Of any desired In thouands the interest
upon which raaied quarterly by check 70 the regis
tered owners similar 20 that adopted by inc
Government payment Of interest upon the registered
bonds OF the Tinted states
the ~ Paul and Noriherp Pacific Halfway COMPANY was
inoorpored In 1874 las ti Railroad Company OF
siinnesota ana has been in operation since lS'. nuh
Bainerd on of Northern Pacific Railroad Coz"
pany s1iy and ono hail u ri miesto S>uk hapA pas
nils equal 10 per cent per snnua during he past
ave years
This raroad l. now being extended about ninetytw1 mss
trom sank Rapids the city OF Minneapolis ineiuhns
bridge sersss the Mississippi ABok and double
track from s extensive property OF the company
about midway between ~ Psul and MHneaP"iis.
The improvements viii comprise sneh iaei's "
arr yecrs.ry 10 the Du snes rainns 10 INC
uor 900 mile, Of The stem OF The
Norhern Pacific railroad Company aud VIII heinde uhuh
and freight stations machno aud car SHOPS oae
wanda slaughter houses round houses irught yNios wa"
moe AAn SKY Of track and other ttaino Ia ne 0a
th. rent Of wneh 10 roads large revcHno may DO ea
pected
The terminal property comprises twenty acres In MnnoAp
oils and three hundred and eighty acres in 81 Paul. one nun
d,s and SHY Of which cca,ed within the business cen
tire VI tie Litter oily.
The land graft amounting 10 about 24tOoD
acres, Is 10 along bot~eer Brsinerd ADJ
.uk ials and prizes heretofore realized viii
more than provide the so75ooo outstanding bonds o.
earlier lssGe
The 1t PAta and Northern Pacific Railway Company. with
s ia terminal property. leased for sss yuArs 10 the
Northern Pacific Railroad Compspy and constitutes hs only
Of that system OF railroads INT" the
esties OF Minneapolis and 81 PAnL
Tn. contract provses that tho Northern Pacific
Railroad cmpAnJ shall ogap operate and maintain inc reAn
and IT. se7nna property paying all tho taxes that may DO
Ieylea usoa same. and net ros4l quarterly equal 10
ioty pei cent OF gvss earnings and reoe which IL
shall Than the Interest upon the Gu
ttrs issue 9 bonds
provided IN SAID contract and lease that
no noio4ons OF changes shall BE- made In any OF ia pro
xns without the written ooaseat Of the Central Trust
o,apany Of NowYork for the boiseu OF these
bonds -.
These bonds are part authorized ssue Of sooooo0o
~ with ar exception bOnds above referred
Ia for which made BY the reservation OF
an amount OF bonds by Tustee constitute fir-t
Mortgage Lion upon this tennai railroad Ms Land grant ana
is estte ths popaoah and growing ouHe"s
centres Of Mime posis and 81 Paul
line remainder authorized ssue reserved Tor the
future So OF tue Company conformity with the terms Of
the IA0rixaga
Negotiable Bond Certiaoatrs osrhsJ by s trustee VIII
De Delivered pending the preparation of tho engraved Donna
Tor sale 1t accrued interest," by The underAgned
who hs right 10 advance tho price "iuoui hor"
a - whom application should BE- mace for any luther par
tieuiars desired.