Central City Street Railroad Co. - 1889 dated $500 Uncanceled Macon, Georgia Gold Bond
Inv# RB7413 Bond
$500 6% Bond printed by Homer Lee Bank Note Company. All with many coupons attached. Macon, officially known as Macon–Bibb County, is a consolidated city-county located in the state of Georgia, United States. It is positioned near the fall line of the Ocmulgee River, approximately 85 miles (137 km) southeast of Atlanta and close to the geographic center of the state, which has earned it the nickname "The Heart of Georgia." Due to its strategic central location, Macon evolved into a significant transportation hub within the state. In 1895, the New York Times referred to Macon as "The Central City" in recognition of its development as a center for railroad transportation and textile manufacturing. The construction of Terminal Station in 1916 further solidified its status. Throughout the twentieth century, Macon experienced growth and prosperity, establishing itself as a thriving community in Middle Georgia.
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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