Bellefontaine and Indiana Rail Road Co. - 1851 dated 7% $100 Railway Bond - Very Rare - Logan County, Rush Creek Township, Ohio
Inv# RB7346
Bond
$100 7% Bond printed on blue paper for the State of Ohio. Rushcreek Township is one of the seventeen townships of Logan County, Ohio, United States. As of the 2020 census, the population was 2,153. The village of Rushsylvania is located in central Rushcreek Township. Rushcreek Township was organized in 1827. It is the only Rushcreek Township statewide, although there are Rush Townships in Champaign, Scioto, and Tuscarawas counties, and a Rush Creek Township in Fairfield County. Read more at https://en.wikipedia.org/wiki/Rushcreek_Township,_Logan_County,_Ohio
The Indianapolis and Bellefontaine Railroad (I&B) was an American railroad founded in 1848. It changed its name to the Indianapolis, Pittsburgh and Cleveland Railroad (IP&C) in 1854. Its counterpart in Ohio was named the Bellefontaine and Indiana Railroad (B&I). The B&I ceased to exist as an independent company when it merged into the Bellefontaine Railway in September 1864. The Bellefontaine Railway merged with the Cleveland, Columbus, and Cincinnati Railroad to form the Cleveland, Columbus, Cincinnati and Indianapolis Railway in December 1864. Read more at https://en.wikipedia.org/wiki/Indianapolis_and_Bellefontaine_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.
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