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City of Philadelphia - $300 Bond

Inv# GB5662   Bond
City of Philadelphia - $300 Bond
State(s): Pennsylvania
Years: 1887
$300 4% Bond printed by American Bank Note Co., Philadelphia. Some repair.
Condition: Good

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: $100.00