Chicago Motor Vehicle Company - SOLD

Inv# AB5014   Bond
Chicago Motor Vehicle Company - SOLD
State(s): Illinois
Years: 1903
$1000 Bond. So very early for automotive! Rare!! Important!

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.