100 Pieces of Canadian National Railway dated 1976 - 100 Railroad Bonds of Canada!
Inv# WW1007 Bond100 Pieces of Canadian National Railway - 100 Bonds. The Canadian National Railway Company (French: Compagnie des chemins de fer nationaux du Canada) (reporting mark CN) is a Canadian Class I freight railway headquartered in Montreal, Quebec, which serves Canada and the Midwestern and Southern United States.
CN is Canada's largest railway, in terms of both revenue and the physical size of its rail network, spanning Canada from the Atlantic coast in Nova Scotia to the Pacific coast in British Columbia across approximately 20,400 route miles (32,831 km) of track. In the late 20th century, CN gained extensive capacity in the United States by taking over such railroads as the Illinois Central.
CN is a public company with 24,000 employees, and as of July 2019 it has a market cap of approximately CA$90 billion. CN was government-owned, having been a Canadian Crown corporation from its founding in 1919 until being privatized in 1995. As of 2019, Bill Gates is the largest single shareholder of CN stock, owning a 14.2% interest through Cascade Investment and his own Bill and Melinda Gates Foundation.
From 1919 to 1960, the railway was referred to as "Canadian National Railways" (CNR). Read more at https://en.wikipedia.org/wiki/Canadian_National_Railway
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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