Group of three $50,000 Railroad Bonds
Inv# RB5161 Bond
State(s):
New York
Years:
1920's or so
1920's or so, New York Central & Hudson River RR, Michigan Central RR, and Maine Central RR. All Unissued with Superb graphics by American Bank Note and Choice Mint Condition. Imagine, 3 $50,000 Bonds!!! The Set of 3. Scarce so nice.
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.
Ebay ID: labarre_galleries