New Jersey Southern Gas and Electric Co. - 1903 dated Utility Bond (Uncanceled)
Inv# GB5235 Bond
$500 5% Uncanceled Gold Bond. Eastern Bank Note Co., Phila. Electric Light Bulb Vignette. An electric light, commonly referred to as a lamp or light bulb, is an electrical device designed to emit light. It represents the predominant type of artificial illumination. Typically, lamps feature a base constructed from materials such as ceramic, metal, glass, or plastic, which ensures the lamp is securely held within the socket of a light fixture, which is also frequently termed a "lamp." The electrical connection to the socket can be established through various means, including a screw-thread base, two metal pins, two metal caps, or a bayonet mount.
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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