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Cleveland and Erie Railway Co. - $500 Bond (Uncanceled) dated 1909

Inv# RB5171   Bond
State(s): Ohio
Years: 1909

$500 5% Bond was payable in U.S. Gold Coin. Uncanceled. Printed by American Bank Note Co. Phila., Litho. Attached rows of coupons. Scarce!

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: $54.00