Skip to main content

Rochester Hornellsville and Lackawanna Railroad - Bond

Inv# RB5636   Bond
Rochester Hornellsville and Lackawanna Railroad - Bond
State(s): New York
Years: 1886
$500 Gold Bond. Kendall Bank Note Co., NY. 77 or 79 coupons.

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