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Athletic Club of the Schuylkill Navy Co. - $200 Bond

Inv# GS1334   Bond
State(s): Pennsylvania
Years: 1889 or 1892

Philadelphia, PA, Bond, coupons to right. Vignette of boat, building, ore and club. Printed in green and gold ink. Also available in Purple 1892. Quite unique and Very Rare! Available in Green or Purple. Please specify color.

The Schuylkill River (/ˈsklkɪl/ SKOOL-kil, locally /ˈskkəl/ SKOO-kəl) is a river running northwest to southeast in eastern Pennsylvania, which was improved by navigations into the Schuylkill Canal. Several of its tributaries drain major parts of the center-southern and easternmost Coal Regions in the state. It flows for 135 miles (217 km) from Pottsville to Philadelphia, where it joins the Delaware River as one of its largest tributaries.

In 1682 William Penn chose the left bank of the confluence upon which he founded the planned city of Philadelphia on lands purchased from the native Delaware nation. It is a designated Pennsylvania Scenic River, and its whole length was once part of the Delaware people's southern territories.

The river's watershed of about 2,000 sq mi (5,180 km2) lies entirely within the state of Pennsylvania, the upper portions in the Ridge-and-valley Appalachian Mountains where the folding of the mountain ridges metamorphically modified bituminous into widespread anthracite deposits located north of the Blue Mountain barrier ridge.

Millions of tons of coal from Pennsylvania’s Anthracite Coal Region flowed by waterway and rail into Philadelphia to feed the iron and steel industry.

The source of the Schuykill’s eastern branch is in heavily mined land, one ridgeline south of Tuscarora Lake along a drainage divide with the Little Schuylkill River, about a mile east of the village of Tuscarora and about a mile west of Tamaqua, at Tuscarora Springs in Schuylkill County. Tuscarora Lake is one source of the Little Schuylkill.

The West Branch starts near Minersville and joins the eastern branch at the town of Schuylkill Haven. It then combines with the Little Schuylkill River downstream in the town of Port Clinton. The Tulpehocken Creek joins it at the western edge of Reading. Wissahickon Creek joins it in northwest Philadelphia. Other major tributaries include: Maiden Creek, Manatawny Creek, French Creek, and Perkiomen Creek.

The Schuylkill joins the Delaware at the site of the former Philadelphia Navy Yard, now the Philadelphia Naval Business Center, just northeast of Philadelphia International Airport.

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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: $239.00