Lincoln County Coal and Mining Co. - $1,000 Bond
Inv# MB5002 Bond
Mining Bond. Various Denominations. Mine workers in the mines. Rich green colored borders. Unissued. Rare!!!
Lincoln County is located in the eastern part of the U.S. state of Missouri. As of the 2010 census, the population was 52,566. Its county seat is Troy. The county was founded December 14, 1818, and named for Major General Benjamin Lincoln of the American Revolutionary War.
Lincoln County is part of the St. Louis, MO-IL Metropolitan Statistical Area.
According to Goodspeed's History of Lincoln County, Missouri (1888), Lincoln County was named by Major Christopher Clark, the first permanent white settler in an address to the Territorial Legislature. He said, "I was born, sir, in Link-Horn County, N.C., I lived for many years in Link-Horn County in old Kain-tuck. I wish to die in Link-Horn County, in Missouri; and I move, therefore, that the blank in the bill be filled with the name Link-Horn." The motion was carried unanimously and the clerk, not adopting the frontier parlance of the Major, wrote "Lincoln" in the blank space of the bill. Others say it was named for Major General Benjamin Lincoln, who served in the Continental Army during the American Revolution.
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.
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