Atlantic and St Lawrence Railroad Co. - £100 British Pounds Bond
Inv# FB5002A Bond
Vermont
The St. Lawrence and Atlantic Railroad (reporting mark SLR), known as St-Laurent et Atlantique Quebec (reporting mark SLQ) in Canada, is a short line railway operating between Portland, Maine on the Atlantic Ocean and Montreal, Quebec on the St. Lawrence River. It crosses the Canada-U.S. border at Norton, Vermont, and is owned by short line operator Genesee and Wyoming. The line was built by the Atlantic and St. Lawrence Railroad in the U.S. and the St. Lawrence and Atlantic Railway in Canada, meeting at Island Pond, Vermont south of the Canada–United States border. Major communities served include Portland and Lewiston in Maine; Berlin, New Hampshire; Island Pond, Vermont; and Sherbrooke and Montreal in Quebec.
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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