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1780's dated Continental Army Connecticut Line Bond or Note issued to a Revolutionary War Soldier - Extremely Popular

Inv# CT1000A   Bond
State(s): Connecticut
Years: 1780-82
1780-82 Note or Bond issued to a soldier in the Connecticut Line of the Continental Army Payable-in Gold or Silver or Bills of Credit. Given to soldiers. Notes show some wear as they were held for 6 to 8 years. Interest at back for each of these years. Signed John Lawrence Treasurer and by the Soldier on redemption. Hole cancelled. Historic!!! Usual Condition showing fold separations. Nicer than normal condition.

The Connecticut Line was a formation within the Continental Army. The term "Connecticut Line" referred to the quota of numbered infantry regiments assigned to Connecticut at various times by the Continental Congress, the size of its allocation determined by the size of its population relative to that of other states. These, together with similarly apportioned contingents from the other twelve states, formed the Continental Line. The concept was particularly important in relation to the promotion of commissioned officers. Officers of the Continental Army below the rank of brigadier general were ordinarily ineligible for promotion except in the line of their own state.

In the course of the war, 27 infantry regiments were assigned to the Connecticut Line. This included the eight provincial regiments of 1775, Wooster's Provisional Regiment (formed by consolidation of the remnants of the original 1st, 4th, and 5th Regiments), the five numbered Continental regiments of 1776, the eight Connecticut regiments of 1777, S.B. Webb's Additional Continental Regiment, which later became the 9th Connecticut Regiment, and four new regiments created by consolidation in 1781. Read more at https://en.wikipedia.org/wiki/Connecticut_Line

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: $320.00