Skip to main content

Johnstown and Somerset Railway Co. - 1915 dated $1,000 Railroad Gold Bond

Inv# RB7418   Bond
Johnstown and Somerset Railway Co. - 1915 dated $1,000 Railroad Gold Bond
State(s): Pennsylvania
Years: 1915

$1,000 5% Gold Bond printed by Security Bank Note Company, Phila. Almost 1 full page of coupons. Read more at https://en.wikipedia.org/wiki/List_of_interurban_railways_in_North_America

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.
OUT OF STOCK