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Baltimore & Ohio Railroad Co. - $1,000 Railway Gold Bond - Issued to the Mexican Telegraph Company

Inv# RB7047   Bond
State(s): Maryland
New York
Years: 1902
Color: Gray

$1,000, 3 1/2% Gold Bond printed by International Bank Note Co., New York. Issued to Mexican Telegraph Company! In relation, William Emlen Roosevelt (April 30, 1857 – May 15, 1930) was a prominent New York City banker who held a wide range of positions in numerous organizations and was a cousin of United States President Theodore Roosevelt. He was president of Roosevelt & Son, the banking firm founded by his father James Alfred Roosevelt.

He was director of the Chemical Bank of New York, the Gallatin National Bank, and the Astor National Bank, and later sat on the boards of the Grand Hanover and the Bank of New York. He was president of Roosevelt Hospital, founded by his distant cousin James H. Roosevelt. He was an officer of the National Guard for 16 years, major and quartermaster of the First Brigade. Roosevelt became involved in telecommunications companies, formed the Mexican Telegraph Company and Central and South American Telegraph Company, and was eventually director of the International Telephone and Telegraph Company. Read more at https://en.wikipedia.org/wiki/Emlen_Roosevelt

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Condition: Excellent

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.
Price: $25.00