Lake Shore and Michigan Southern Railway Co. - $100,000 Bond
Inv# RB7465A Bond
State(s):
Michigan
New York
New York
Years:
1902
$100,000 3 1/2% Bond. Uncancelled and not negotiable. Includes transfer sheet with red seal. Check size measures 10 1/4" x 3 1/4" with stub. Slight paper tear in right border.
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