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California Country Club - Bond (Uncanceled)

Inv# GB5118   Bond
State(s): California
Years: 1927
$100 7% Uncanceled Gold Bond, Printer W. P. Jeffries Co, Los Angeles. 12 of 24 coupons remain. Golf is a Very Popular Topic! Rare!
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: $79.00