Sinepuxent Beach Co. dated 1892 - $1,000 Bond
Inv# GB5606A Bond
$1,000 6% Gold Bond printed by A. Hoen & Co., Baltimore, MD. Certificate #19 or 23!
Maryland is crossed from north to south by each of the leading topographical regions of the east section of the United States—the Coastal Plain, the Piedmont Plateau, the Appalachian Mountains, and the Appalachian Plateau—hence its great diversity of surface. The portion within the Coastal Plain embraces nearly the whole of the south-east half of the state and is commonly known as tide-water Maryland. It is marked off from the Piedmont Plateau by a “Fall Line” extending from Washington (D.C.) north-east through Baltimore to a point a little south of the north-east corner of the state, and is divided by the Chesapeake Bay into two parts known as the East Shore and the West Shore. The East Shore is a low level plain, the least elevated section of the state. Along its entire Atlantic border extends the narrow sandy Sinepuxent Beach, which encloses a shallow lagoon or bay also called Sinepuxent at the north, where, except in the extreme north, it is very narrow, and Chincoteague at the south, where its width is in most places from 4 to 5 m. Read more at https://en.wikisource.org/wiki/1911_Encyclop%C3%A6dia_Britannica/Maryland
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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