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Alabama and Chattanooga Rail Road Co. - $1,000

Inv# RB7298   Bond
Alabama and Chattanooga Rail Road Co. - $1,000
State(s): Alabama
Years: 1869
$1,000 8% Bond printed by American Bank Note Co., New York & Boston with $1 revenue stamp. 36 coupons remain. Superb!
Condition: Excellent

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: $245.00