Unadilla Valley Railway Co. - Bond (Uncanceled)
Inv# RB5327 Bond
State(s):
New York
Years:
1902
Available in $1,000 Green or $500 Brown, 5% Gold Uncanceled Bond. Please specify type. American Bank Note Co-NY. The Unadilla Valley Railway was a shortline railroad company that operated in the Unadilla Valley of upstate New York from its opening in 1895 to its abandonment in 1960. Originally only running between New Berlin and Bridgewater, the railroad later purchased the New Berlin Branch from the New York, Ontario, and Western Railroad in 1941, doubling its trackage. The railroad purchased its first diesel locomotive from General Electric in 1947, but continued running steam locomotives until 1956.
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