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Lackawanna Railroad - Bond (Uncanceled)

Inv# RB5325   Bond
Lackawanna Railroad - Bond (Uncanceled)
State(s): Pennsylvania
Years: 1856
$500 7% Uncanceled Bond. At least 35 of 38 coupons remain. Printed on thicker paper. Printer-Wm. W. Rose, Lith-NY. Great!!!

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: $230.00