Bloomsburg and Sullivan Railroad Co. - 1898 dated $1,000 or $100 Bond
Inv# RB7509
Bond
$1,000 Blue or $100 Brown 5% Second Mortgage Bond printed by Huston, Ashmead & Co., Phila. $100 Bond available for $200. Please specify denomination.
The Bloomsburg and Sullivan Railroad, (e.1888-d.1972) also called the B & S Railroad, was a long-lived independent shortline railroad that existed under that name operating independently from 1888 to 1928[note 1] in Columbia County, Pennsylvania, when it was made a subsidiary of the Reading Company, which closed it in 1972. The shortline railroad was 29 miles long, running from south of Bloomsburg, Pennsylvania past the town, then northwards to Jamison City, Pennsylvania, with 4.45 miles of yard tracks. The Bloomsburg and Sullivan Railroad was one of five railroads serving Bloomsburg near the turn of the 20th century. The Bloomsburg and Sullivan Railroad Company's headquarters was in Williamsport, Pennsylvania, and the managers of the company were James Corcoran and Thomas Wheeler. The Bloomsburg and Sullivan Railroad owned five locomotives and seven cars in 1917. Read more at https://en.wikipedia.org/wiki/Bloomsburg_and_Sullivan_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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