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New England Railroad Supply and Development Co. - Bond

Inv# RB5306   Bond
New England Railroad Supply and Development Co. - Bond
State(s): Maine
Years: 1889
Issued from Kittery, Maine, $500 Bond. Unusual large coupons at right. Steelograph of the Homer Lee Bank Note Co-NY. Gold applied seal and nice graphics. Rare!!!

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: $140.00