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City of Providence Bond dated 1930's-40's - State of Rhode Island and Providence Plantations - Indian Vignette

Inv# GB5016   Bond
State(s): Rhode Island
Years: 1930's-40's
Color: Olive, Orange or Brown

Various Denominations Bond printed by Franklin Lee Division-American Bank Note Co. Vignette titled 'What Cheer' of Roger Williams in boat being greeted by Indians. Ornate vertical format. Scarce!! Available in Olive, Orange or Brown. Please specify color.

Providence is the capital and most populous city of the state of Rhode Island and is one of the oldest cities in the United States. It was founded in 1636 by Roger Williams, a Reformed Baptist theologian and religious exile from the Massachusetts Bay Colony. He named the area in honor of "God's merciful Providence" which he believed was responsible for revealing such a haven for him and his followers. The city is situated at the mouth of the Providence River at the head of Narragansett Bay. Providence was one of the first cities in the country to industrialize and became noted for its textile manufacturing and subsequent machine tool, jewelry, and silverware industries. Today, the city of Providence is home to eight hospitals and seven institutions of higher learning which have shifted the city's economy into service industries, though it still retains some manufacturing activity. With an estimated population of 179,883, Providence is the third-most-populous city in New England after Boston and Worcester, Massachusetts.

Providence was settled in June 1636 by Puritan theologian Roger Williams and grew into one of the original Thirteen Colonies. As a minister in the Massachusetts Bay Colony, Williams had advocated for the separation of church and state and condemned colonists' confiscation of land from Native Americans. For these "diverse, new, and dangerous opinions," he was convicted of sedition and heresy and banished from the colony. Williams and others established a settlement in Rumford, Rhode Island. The group later moved down the Seekonk River, around the point now known as Fox Point and up the Providence River to the confluence of the Moshassuck and Woonasquatucket Rivers. Here they established a new settlement they termed "Providence Plantations." Read more at https://en.wikipedia.org/wiki/Providence,_Rhode_Island

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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: $9.00