Pershing Square Building - 1926 dated $1,000 Gold Bond
Inv# GB5738 Bond
$1,000 6 1/4% Bond printed by Western Bank Note and Engraving Company, Chicago. Several coupons attached. The Pershing Square Building, also known as 125 Park Avenue or 100 East 42nd Street, is a 25-story office building in Midtown Manhattan in New York City. It is located on the eastern side of Park Avenue between 41st and 42nd streets, across from Grand Central Terminal to the north and adjacent to 110 East 42nd Street to the east.
The Pershing Square Building was designed in the Romanesque Revival style by John Sloan and T. Markoe Robertson of the firm Sloan & Robertson, working with York and Sawyer. It was erected within "Terminal City", a collection of buildings located above the underground tracks surrounding Grand Central, and makes use of real-estate air rights above the tracks. The building is located directly above the New York City Subway's Grand Central–42nd Street station. Read more at https://en.wikipedia.org/wiki/Pershing_Square_Building
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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