City of Providence Collection of 4 BondsInv# GB5173
Collection of 4 Bonds of Different Colors State of Rhode Island and Providence Plantations. These superb bonds have 3 vignettes, including 'What Cheer' picturing Roger Williams being greeted on shore by Indians. This 17th century clergyman and President of RI was quite a Colonial thinker, religious liberal and earliest of the Fathers of American Democracy. He owes his enduring fame to his humanity and breadth of view, and to his long record of opposition to privilege and self-seeking. Rare qualities indeed in American politics today. These great, superbly engraved bonds by American Banknote are blue, brown, green & orange. By far, the nicest color set we have seen. Collection of 4 bonds.
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.