Lookout Mountain Railroad Co. - 1880 dated Railway Bond Proof - Fantastic Design
Inv# PR1043
Bond
Tennessee
$1,000 6% Proof Bond printed by American Bank Note Company, N.Y. Coupons attached to right of bond. Lookout Mountain is a mountain ridge located at the northwest corner of the U.S. state of Georgia, the northeast corner of Alabama, and along the southeastern Tennessee state line in Chattanooga. Lookout Mountain was the scene of the 18th-century "Last Battle of the Cherokees" in this area during the Nickajack Expedition. On November 24, 1863, during the American Civil War, the Battle of Lookout Mountain took place here.
Lookout Mountain and Sand Mountain (to the southwest) make up a large portion of the southernmost end of the Cumberland Plateau. The area was lifted from an ancient sea, and worn down by erosion for millions of years. The summit, called "High Point", is located just east of Thompsonville in Walker County, Georgia, with an elevation of 2,392 feet (729 m) above sea level. The foothills of the mountain extend into Chickamauga and Chattanooga National Military Park. Read more at https://en.wikipedia.org/wiki/Lookout_Mountain
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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