Industrial Exhibition Co. of New York Bond
Inv# WF1032 Bond
State(s):
New York
Years:
1874
$20 Premium Bond of the Industrial Exhibition Company. The assurance of the Industrial Exhibition Company in stating that they will be happy to swindle citizens out of $20 each, is one of the best examples of cheek ever publicly offered to this community. Mayor Havemeyer, by prompt action saved our city a loss of $2,500,000 which was to be loaned to this company to build their "palace". The company's stock is worth the paper it is printed on.
Condition:
Excellent
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