Berkshire Mills bond signed by James Smyth (Uncanceled) - $500 BondInv# GB5233 Bond
James Smyth autographed. Available in $500 Red or Blue 5% Uncanceled Bond. Please specify type. At least 13 of 20 coupons remain.
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.