City of Frankfort-on-Main 6.5% Uncancelled $1000 Bond of 1928 - Includes PASS-CO Authentication
Inv# FB6468 Bond
Includes a PASS-CO authentication. Sinking Fund 6 1/2% Gold Bond with various amounts of attached coupons. Frankfurt, officially Frankfurt am Main, is the most populous city in the German state of Hesse. Its 763,380 inhabitants as of December 31, 2019 make it the fifth-largest city in Germany. On the River Main (a tributary of the Rhine), it forms a continuous conurbation with the neighbouring city of Offenbach am Main and its urban area has a population of 2.3 million. The city is at the centre of the larger Rhine-Main Metropolitan Region, which has a population of 5.5 million and is Germany's second-largest metropolitan region after the Rhine-Ruhr Region. Frankfurt's central business district lies about 90 km (56 mi) northwest of the geographic centre of the EU at Gadheim, Lower Franconia. Like France and Franconia, the city is named after the Franks. Frankfurt is the largest city in the Rhine Franconian dialect area.
Frankfurt was a city state, the Free City of Frankfurt, for nearly five centuries, and was one of the most important cities of the Holy Roman Empire, as a site of imperial coronations; it lost its sovereignty upon the collapse of the empire in 1806, regained it in 1815 and then lost it again in 1866, when it was annexed (though neutral) by the Kingdom of Prussia. It has been part of the state of Hesse since 1945. Frankfurt is culturally, ethnically and religiously diverse, with half of its population, and a majority of its young people, having a migrant background. A quarter of the population consists of foreign nationals, including many expatriates. Read more at https://en.wikipedia.org/wiki/Frankfurt
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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