1862-1864 dated Certificate of Loan Town of Yonkers, Westchester Co., N.Y. - Various Denominations Civil War Bond
Inv# CW1058 Bond
Various Denomination Bounties Bond for Union Soldiers. Very Rare! Civil War Dated! Yonkers is a city in Westchester County, New York, United States. Developed along the Hudson River, it is the third most populous city in the state of New York, after New York City and Buffalo. The population of Yonkers was 211,569 as enumerated in the 2020 United States Census. It is classified as an inner suburb of New York City, located directly to the north of the Bronx and approximately two miles (3 km) north of Marble Hill, Manhattan, the northernmost point in Manhattan.
During the American Civil War, 254 Yonkers residents joined the US Army and Navy. They enlisted primarily in four different regiments. These included the 6th New York Heavy Artillery, the 5th New York Volunteer Infantry, the 17th New York Volunteers, and the 15th NY National Guard. During the New York City Draft Riots, Yonkers formed the Home Guards. This force of constables was formed to protect Yonkers from rioting that was feared to spread from New York City, but it never did. In total, seventeen Yonkers residents were killed during the Civil War. Read more at https://en.wikipedia.org/wiki/Yonkers,_New_York
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.
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