Skip to main content

Broadway and Seventh Avenue Railroad Company - $1,000 - Bond - SOLD

Inv# RB7271   Bond
Broadway and Seventh Avenue Railroad Company - $1,000 - Bond - SOLD
State(s): New York
Years: 1893
$1,000 5% Gold Bond printed by International Bank Note Co., N.Y. Minor archival fold repairs. Some 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.
OUT OF STOCK