NP, CM 10/30/1862

From the Charleston Mercury
 
October 30, 1862
 
To Capitalists
For Sale $100,000 Railroad Mortgage Bonds
   The Macon & Brunswick Railroad Company offer for sale $100,000 of their bonds, secured by the First and only Mortgage on their Road and all its equipments and property.
   The Bonds bearing Seven (7) per cent. interest, with Coupons payable semi-annually.
   This Road extends from Macon to Brunswick, 175 miles, with a Branch to Hawkinsville, of ten miles, making 185 miles of Road. Thirty-two (32) miles next to Macon are completed and in daily use, with Iron provided for six (6) miles more, and which is now being laid; one-half of the whole Road is graded, and the balance of the line under contract, on which a strong force is now engaged in the grading.
   As the company owes no debt, and the whole of the proceeds of the Bonds will be used in completing the Road, thereby adding to their security, which is already ample, and securing the completion at an early day of the entire Road, which will be one of the cheapest ever built in the South; the alignment being good, and the maximum grades only twenty-two (22) feet to the mile.
   Applications may be made to the undersigned at Macon, Ga., or in his absence, to Arthur Dickinson, Esq., Treasurer of the Company.
L. N. Whittle

Home