Baltimore Trotting Races, Inc. - 1950 dated $1,000 Horse Racing Bond
Inv# SR1061 Bond$1,000 5% Debenture Bond printed by Goes. Baltimore, Maryland. Rare! Harness racing is a form of horse racing in which the horses race at a specific gait (a trot or a pace). They usually pull a two-wheeled cart called a sulky, spider, or chariot occupied by a driver. In Europe, and less frequently in Australia and New Zealand, races with jockeys riding directly on saddled trotters (trot monté in French) are also conducted. Read more at https://en.wikipedia.org/wiki/Harness_racing
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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