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Paris and Danville Railroad Bond Issue Promises Big Yields
The Paris and Danville Railroad and Coal Company seeks 2.5 million pounds in first mortgage 7 percent gold bonds via Messrs West and Co. The issue, redeemable in 80 years, funds a line between Illinois counties and Danville with a heavy sinking fund from mining profits. Interest paid semi annually in London New York or Frankfurt. Prospective buyers can apply through West & Co with staged payments. The venture links to coal lands and mines near Danville and promises strong earnings and dividends, backed by heavy mortgage security.
MENTIONED IN THIS ARTICLE
Paris and
Danville Railroad and Coal Company
Illinois
New York State Loan and Trust Company
London
New York
United States
Frankfort
Chicago, Danville, and Vincennes
Paris and Danville
Paris and Danville Railroad and Coal Company
F. W. Jennings
Lime Street
E.C
Messrs. C
West and Co
Fenchurch-street
Exchange
Southwark-street
S.E
London and County Bank
Southwark
McCulloch and Co
Lombard-street
Illinois Central Railway
Wabash River
Chicago
Cairo
Paducah
Shawneetown
Southern
Aes