Snohomish Valley Railway Co. - dated 1906 Gorgeous Unissued $1,000 5% Railroad Gold Bond - Payable in Gold Coin
Inv# RB5115 Bond
Unissued $1,000 5% Railroad Bond printed by Security Bank Note Company, Phila. Was payable in 'Gold Coin of the US'. Superb Graphics. Three great vignettes at top!! 2 full pages of coupons.
Snohomish is a city in Snohomish County, Washington, United States. The population was 9,098 at the 2010 census. It is located on the Snohomish River, southeast of Everett and northwest of Monroe. Snohomish lies at the intersection of U.S. Route 2 and State Route 9. The city's airport, Harvey Airfield, is located south of downtown and used primarily for general aviation.
The city was founded in 1859 and named Cadyville for pioneer settler E. F. Cady and renamed to Snohomish in 1871. It served as county seat of Snohomish County from 1861 to 1897, when the county government was relocated to Everett. Snohomish has a downtown district that is renowned for its collection of antique shops and is listed on the National Register of Historic Places. Read more at https://en.wikipedia.org/wiki/Snohomish,_Washington
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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