Cincinnati, Washington and Baltimore Railroad Co. - Various Denominations Bond
Inv# RB5680 BondMaryland
Ohio
Various Denomination Bond Scrips printed by American Bank Note Co., NY, Lith.
The Scioto and Hocking Valley came under control of the Marietta & Cincinnati Railroad, which the B&O acquired in 1882 and changed the name of the company to the Cincinnati, Washington & Baltimore Railroad. In December 1889, this company ultimately became the B&O Southwestern Railroad, which portions of are still in existence as the Great Miami & Scioto Railroad and CSX Transportation.
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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