Terminal Railroad Association of St. Louis - 1903-12 dated Gold Bonds of Various Denominations - Please Specify Type
Inv# RB5507 Bond
Various denominations 4% Gold Bond. Vignette of large terminal building by American Bank Note Co., NY. Available in Orange, Blue or Brown. Please specify color.
The Terminal Railroad Association of St. Louis (reporting mark TRRA) is a switching and terminal railroad that handles traffic in the St. Louis, Missouri, metropolitan area. It is co-owned by several Class I railroads that reach the city. It was founded in 1889 in a deal orchestrated by Jay Gould with:
- Missouri Pacific Railroad
- St. Louis, Iron Mountain and Southern Railway, later part of the Missouri Pacific
- Wabash Railroad, later part of the Norfolk and Western Railway
- Ohio and Mississippi Railroad, later part of the Baltimore and Ohio Railroad
- Louisville and Nashville Railroad
- Cleveland, Cincinnati, Chicago and St. Louis Railway, later part of the New York Central Railroad
Read more at https://en.wikipedia.org/wiki/Terminal_Railroad_Association_of_St._Louis
A bond is a document of title for a loan. Bonds are issued, not only by businesses, but also by national, state or city governments, or other public bodies, or sometimes by individuals. Bonds are a loan to the company or other body. They are normally repayable within a stated period of time. Bonds earn interest at a fixed rate, which must usually be paid by the undertaking regardless of its financial results. A bondholder is a creditor of the undertaking.
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