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Galveston, LaPorte and Houston Railway Co. - $1,000 Railroad Gold Bond - Very Rare

Inv# TX1022   Bond
Galveston, LaPorte and Houston Railway Co. - $1,000 Railroad Gold Bond - Very Rare
State(s): Texas
Years: 1895
Color: Brown and Black

$1,000 5% Gold Bond printed by Franklin Bank Note Co., N.Y. All 60 coupons remain. Operated from 1895 to 1898. Read more at https://en.wikipedia.org/wiki/List_of_Texas_railroads

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.
OUT OF STOCK