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Rockford, Rock Island and St. Louis Railroad - Bond

Inv# IM1008   Bond
Rockford, Rock Island and St. Louis Railroad - Bond
State(s): Illinois
Years: 1868
$1,000, 200 7% Gold Bond. Colorful lith by Henry Seibert & Bros, NY. Orange $1 Washington & 5 Lincoln at front and 5 Lincoln at back. Rich color! Nice!!!
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: $175.00