Cuba Railroad Co. - 1902 dated $1,000 Railway Gold Bond (Uncanceled)
Inv# FB6157
Bond
$1,000 5% Uncanceled Bond. Cuba's railway history began on October 12, 1834, when the Queen Regent of Spain, Maria Christina of the Two Sicilies, approved the building of the first line. When the Compañía de Caminos de Hierro de la Habana opened the 27.5 kilometers (17.1 mi) line from Havana to Bejucal on November 19, 1837, the first steam railway line in Latin America. At that date Spain itself did not possess any railway lines.
The line from Havana was extended by 17 kilometers (11 mi) to reach Güines on November 19, 1839. By December 1843 the cities San Felipe and Batabanó were added to the rail network. Further extensions were opened in 1847, adding another 17 kilometers (11 mi), followed by 21 kilometers (13 mi) the next year and then 21 kilometers (13 mi) in 1849. Havana had its first streetcar (Ferrocarril Urbano de la Habana) when its service commenced on February 3, 1859. Read more at https://en.wikipedia.org/wiki/National_Railway_Company_of_Cuba
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