City of Porto Alegre - 1926 dated $1,000 Brazilian Bond - Brazil
Inv# FB6541 Bond
$1,000 7 1/2% Bond printed by American Bank Note Company. Some coupons remain. Porto Alegre ("Joyful Harbor") is the capital and largest city of the Brazilian state of Rio Grande do Sul. Its population of 1,488,252 inhabitants (2020) makes it the 12th-most populous city in the country and the center of Brazil's fifth-largest metropolitan area, with 4,405,760 inhabitants (2010). The city is the southernmost capital city of a Brazilian state. Porto Alegre was founded in 1769 by Manuel Jorge Gomes de Sepúlveda, who used the pseudonym José Marcelino de Figueiredo to hide his identity; the official date, though, is 1772 with the act signed by immigrants from the Azores, Portugal.
The city lies on the eastern bank of the Guaíba Lake, where five rivers converge to form the Lagoa dos Patos, a giant freshwater lagoon navigable by even the largest of ships. This five-river junction has become an important alluvial port and a chief industrial and commercial center of Brazil. In recent years, Porto Alegre hosted the World Social Forum, an initiative of several nongovernment organizations. The city became famous for being the first city that implemented participatory budgeting. The 9th Assembly of the World Council of Churches was held in Porto Alegre in 2006. Since 2000, Porto Alegre also hosts one of the world's largest free software events, called FISL. The city was one of the host cities of the 2014 FIFA World Cup, having previously been a venue for the 1950 FIFA World Cup. Read more at https://en.wikipedia.org/wiki/Porto_Alegre
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