Missouri, Oklahoma and Gulf Railroad Co. - 1911 dated $100 Railway Gold Bond - French Translation at Back - Very Rare
Inv# RB7186 Bond
Oklahoma
$100 5% Gold Bond. French language translation bound in at rear. All but 5 coupons remain. Rare! In close relation to this railroad, the Choctaw, Oklahoma and Gulf Railroad (CO&G), known informally as the "Choctaw Route," was an American railroad in the states of Arkansas and Oklahoma.
The company, originally known as the Choctaw Coal and Railway Company, completed its main line between West Memphis, Arkansas and western Oklahoma by 1900. In 1901 the CO&G chartered a subsidiary company, the Choctaw, Oklahoma and Texas Railroad, to continue construction west into the Texas panhandle, and by 1902 the railroad had extended as far west as Amarillo. Read more at https://en.wikipedia.org/wiki/Choctaw,_Oklahoma_and_Gulf_Railroad
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.
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