Carl Lomb - Bausch and Lomb Optical Co $1,000 Uncanceled Gold Bond signed by Carl LombInv# AG1080
Carl Lomb - In 1853 Henry Lomb lent John Jacob Bausch his life savings of sixty dollars. This led to a capital appreciation of one million percent! He then became a partner of Bausch & Lomb, which fifty years later was capitalized at Six Hundred Thousand dollars and was recognized as the world’s largest manufacturer of optical lenses. This attractive $1,000 Gold Bond has a dark uncancelled signature of Carl Lomb as Vice President. Quite rare and nicely printed by Franklin Lee Division of American Bank Note Co. Excellent Condition.
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.