From the Charleston Mercury |
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October 30, 1862 |
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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 |
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