Birmingham Railway Light and Power Co. - 1907 dated Alabama Railroad Gold Bond
Inv# RB7043 Bond
Specimen Bond printed by International Bank Note Co. N.Y. Birmingham, Alabama. Birmingham is a city in the north central region of Alabama. Birmingham is the seat of Jefferson County, Alabama's most populous county. As of the 2022 census estimates, Birmingham had a population of 196,910, down 2% from the 2020 census, making it Alabama's third-most populous city after Huntsville and Montgomery. The broader Birmingham metropolitan area had a 2020 population of 1,115,289, and is the largest metropolitan area in Alabama as well as the 50th-most populous in the United States. Birmingham serves as an important regional hub and is associated with the Deep South, Piedmont, and Appalachian regions of the nation.
Birmingham was founded in 1871, during the post–Civil War Reconstruction period, through the merger of three pre-existing farm towns, notably, Elyton. It grew from there, annexing many more of its smaller neighbors, into an industrial and railroad transportation center with a focus on mining, the iron and steel industry, and railroading. Birmingham was named after Birmingham, England, one of the UK's major industrial cities. Most of the original settlers who founded Birmingham were of English ancestry. The city may have been planned as a place where cheap, non-unionized, and often African-American labor from rural Alabama could be employed in the city's steel mills and blast furnaces, giving it a competitive advantage over industrial cities in the Midwest and Northeast. Read more at https://en.wikipedia.org/wiki/Birmingham,_Alabama
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