Brazil Railway Co. - 1909 dated Brazilian Bond
Inv# FB6085 Bond
Bond, 500 Francs. Printed by Waterlow & Sons Limited, London Wall, London,E.C. Cut into the border of right side. Waterlow and Sons Limited was a prominent global engraver of currency, postage stamps, and stock and bond certificates, with operations in London, Watford, and Dunstable, England. Established as a family enterprise in 1810, the company was acquired by De La Rue in 1961. Its origins trace back to James Waterlow, who started producing lithographic reproductions of legal documents on Birchin Lane in London in the same year. The business expanded over time, commencing stamp printing in 1852, and was joined by Waterlow's sons: Alfred, Walter, Sydney, and Albert. Following James Waterlow's death in 1876, the firm transitioned to a limited-liability company. In 1877, a family dispute led to a division, resulting in Alfred and his sons creating Waterlow Bros. & Layton. The two entities eventually merged again in 1920.
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.
Ebay ID: labarre_galleries