Ferro Carril Central de Buenos Aires Limitada - 1923 dated Argentina £100 Bond
Inv# FB6639 Bond
Some rust stains above the actual bond. £100 Bond printed by Waterlow & Sons Limited, London for the Buenos Ayres Central Railway. Most coupons remain. The Buenos Aires Central Railway (BACR), known in Spanish as Ferrocarril Central Buenos Aires, was an Argentine railway enterprise responsible for the construction and operation of a standard gauge railway line measuring 1,435 mm (4 ft 8+1?2 in) that connected Buenos Aires to the city of 4 de Febrero in Santa Fe. On October 2, 1884, entrepreneur Federico Lacroze received a concession to establish a 47 km horse-drawn railway originating from the Chacarita station in Buenos Aires, which was subsequently demolished and replaced by the Federico Lacroze terminus. The line was inaugurated by the "Tramway Rural" company on April 6, 1888, and was later extended by an additional 53 km to Zárate on July 27 of the same year. Beginning in 1891, the company was permitted to operate trains utilizing steam locomotives.
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