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Show KASTKKN PC K V ADA HARROW GAUGE RAILROAD. We have the pleasure of announcing i that the mortcai-c of the Elko and Hamilton company, referred to in our last issue, for the means requisite to construct ihe same has been duly executed, ex-ecuted, and on Thursday last was placed on record in the oifi; of the recorder re-corder ofh.ko county. There is no such thing as fail in the project. Work will be commenced as soon as contracts can be let, and the grade detiniiely determined. de-termined. The deed above referred to is made directly to the Union trust company com-pany of New York, in trust f r the l'.iris, Uru-s-Js and Lomhn syndicate. which company has already deposited i j in London the first in-tai.ment oi I it '0 subject to the dral't of the Kistem I Nevada rarrow gauge ra:;r:ad com- 1 ' pary. I pon the com) !etinn of the I Lirst twer.ty-rjvo miics a :ur;hcr in:a.l-l in:a.l-l meet, srrieient to constrnet and equip txcntv-nve rii:.es m ire w.ii tal cue I ar.d te paid by the sjiviicate. I ihe a::; -::r,r f r woh th- r-a I is n;ort-.iced L- j J .V". , whieh is to Vr? p u.i ".?. f ,-: .i r .-"n's a rr. -Y "zr'i'-i r;:'- 1;,'; be required for the route between E'.ko and Hamilton, but it must be remembered remem-bered that ihe incorporators have in view the continuation of the road bs-yond bs-yond Hamilton to the Colorado, and in this way anticipating the various schemes which have been broached to deflect the trade and travel of the western and south-eastern of the Southern South-ern Pacific road to the Central, or forty-first parallel route. The bonds are seven per cent, gold bonds, issued in denominations of $1,000 each, and payable on or before the year They are so drawn that the company can at any time its capacity and the slate of finances will warrant take up the indebtedncs and shut off the interest in-terest thereon. This syndicate or "coilcctien of bankers," consitini of bankers iu Paris, Brussels and London, is the same which loaned eight uniiions 1 of dollars to a railroad company in Kansas. The contract made by "the Klko and Hamilton company is the same in terms as that made by the latter lat-ter company. In tho loan to the Kansas company the syndicate found a most profitable investment, and hence-they hence-they have been more willing to make further ventures. E huh jrnd: nt. |
