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Cincinnati and Springfield Railway Co. - $1,000 1871 dated Railroad Bond

Inv# IM1005   Bond
State(s): Ohio
Years: 1871

$1,000 7% Bond. 1 orange revenue at front & two Lincoln's at back. Printer-Major & Knapp Eng Mfg & Lith Co, NY. Reference to the Lake Shore and Michigan Southern Railway Company on the back of bond.

Condition: Good

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.

Item ordered may not be exact piece shown. All original and authentic.
Price: $125.00