Skip to main content

Board of Education of the Township of Passaic, in the County of Morris - $1,000 Bond

Inv# GB5674   Bond
Board of Education of the Township of Passaic, in the County of Morris - $1,000 Bond
State(s): New Jersey
Years: 1953
Unissued $1,000 3% Bond. Full page of coupons remain.
Condition: Excellent

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.

Item ordered may not be exact piece shown. All original and authentic.
Price: $28.00