Atlantic and Pacific Railroad - 1887 dated $1,000 Railway Vertical Bond (Uncanceled)
Inv# RB5165 Bond
The Atlantic and Pacific Railroad was a U.S. railroad that owned or operated two disjointed segments, one connecting St. Louis, Missouri with Tulsa, Oklahoma, and the other connecting Albuquerque, New Mexico with Southern California. It was incorporated by the U.S. Congress in 1866 as a transcontinental railroad connecting Springfield, Missouri and Van Buren, Arkansas with California. The central portion was never constructed, and the two halves later became parts of the St. Louis-San Francisco Railway and Atchison, Topeka and Santa Fe Railway systems, now both merged into the BNSF Railway. Read more at https://en.wikipedia.org/wiki/Atlantic_and_Pacific_Railroad
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.
Ebay ID: labarre_galleries