Tehuantepec Co. £125 - Bond (Uncanceled)
Inv# RB5204 Bond
State(s):
Louisiana
Years:
1853
£125 Sterling 7% Bond. Uncanceled. Exceptional graphics by Rawdon, Wright, Hatch & Edson, NY. All 39 coupons present. Rare Southern state. Very historic company intending to build a railroad across Mexico from the Atlantic to the Pacific. Unfortunately it failed. Superb Condition! Rare!
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.
Item ordered may not be exact piece shown. All original and authentic.
Ebay ID: labarre_galleries