Chicago, Portage and Superior Railway Co. - 1881 dated $1,000 Railroad Gold Bond
Inv# RB7392 Bond
Wisconsin
$1,000 6% Gold Bond printed by Franklin Bank Note Company, N.Y. Most coupons remain. Some margin tears. This line was sold to the Chicago, St. Paul, Minneapolis and Omaha Railway or Omaha Road (reporting mark CMO) which was a railroad in the U.S. states of Nebraska, Iowa, Minnesota, Wisconsin and South Dakota. It was incorporated in 1880 as a consolidation of the Chicago, St. Paul and Minneapolis Railway and the North Wisconsin Railway. The Chicago and North Western Railway (C&NW) gained control in 1882. The C&NW leased the Omaha Road in 1957 and merged the company into itself in 1972. Portions of the C. St. P. M. and O. are part of the Union Pacific Railroad network. This includes main lines from Wyeville, Wisconsin, to St. Paul, Minnesota, and St. Paul to Sioux City, Iowa. Read more at https://en.wikipedia.org/wiki/Chicago,_St._Paul,_Minneapolis_and_Omaha_Railway
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.
Ebay ID: labarre_galleries