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Cedar Rapids, Iowa Falls and Northwestern Railway Co. - $1,000/£200 Bond

Inv# RB7459   Bond
State(s): Iowa
Years: 1884

$1,000/ £200 5% Unissued Bond printed by Franklin Bank Note Co., New York. 1 complete page of coupons.

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