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City of Jersey City - $1,000 Bond

Inv# GB5659   Bond
City of Jersey City - $1,000 Bond
State(s): New Jersey
Years: 1903
$1,000 7% Bond with red seal and hole cancellations. Printed by F. Heppenheimer's Sons, Jersey City, N.J. Large size measures 16 1/2" x 12 3/4".
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: $35.00