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new Brooklyn and Rockaway Railroad Co. - 1867 dated $500 Bond

Inv# RB7510   Bond
New Item!
State(s): New York
Years: 1867

$500 7% Bond printed by Estee & Smith, N.Y. with red seal. Large size measures 16 1/4" x 21" with all but 2 coupons attached.

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: $249.00