Atlantic-Pacific Railway Tunnel Co. - 1887 dated 8% Railroad and Mining Uncanceled Bond - Denver, Colorado
Inv# RB7027 Bond
Denver, Colorado. $1000, 8% Bond. Some Edge Stains. One of the most impressive bonds we’ve seen! Truly beautiful with 3 vignettes printed by American Bank Note Company, New York. In 1884 the Atlantic-Pacific Railway Tunnel Company was created "to drive a tunnel for both mining and railway purposes through the Continental Divide." Its properties consist of extensive and valuable real estate, mill sites, and mining claims, including the celebrated brought to her. Read more at https://www.raremaps.com/gallery/detail/51347/map-of-the-atlantic-pacific-railway-tunnel-and-the-denver-a-adams-co
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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