Richmond and West Point Terminal Railway and Warehouse Co. - 1889 dated $1,000 Railroad Gold Bond
Inv# RB7398 Bond
$1,000 5% Bond printed by American Bank Note Company, New York. Almost all 50 coupons remain. In 1881, the Richmond and West Point Terminal Railway and Warehouse Company was organized to develop and expand the R&D, whose charter limited its control of connecting railroads. Read more at https://en.wikipedia.org/wiki/List_of_Norfolk_Southern_Railway_predecessor_railroads
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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