Scovill Manufacturing Co. - 1957 dated Specimen Bond - Unique
Inv# SE2471 Bond
$1,000 Specimen Bond printed by American Bank Note Company. Coupons remain at right of bond. Waterbury is a city in the U.S. state of Connecticut. Waterbury had a population of 114,403 as of the 2020 Census. The city is 33 miles (53 km) southwest of Hartford and 77 miles (124 km) northeast of New York City. Waterbury is the largest city in the Naugatuck Valley Planning Region and second-largest city in New Haven County.
At its peak during World War II, 10,000 people worked at the Scovill Manufacturing Co, later sold to Century Brass. The city's metal manufacturing mills (Scovill Manufacturing, Anaconda American Brass, and Chase Brass & Copper were the largest) occupied more than 2 million square feet (180,000 m2) and more than 90 buildings. Read more at https://en.wikipedia.org/wiki/Waterbury,_Connecticut
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.
Ebay ID: labarre_galleries