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Yosemite Short Line Railway Company - $100 Bond

Inv# RB5208   Bond
Yosemite Short Line Railway Company - $100 Bond
State(s): California
Years: 1905
$100 4 1/2% Sinking Fund Bond. Was payable in U.S. Gold Coin. Uncancelled. Text in English and French. At least 71 of 80 coupons. Scarce Popular State. Excellent Condition.
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.
Price: $150.00