Colorado Gold Mining and Smelting Co. - 1902 dated $100 Colorado Mining Bond
Inv# MB5148 Bond
$100 6% Bond with some coupons attached. Printed by Denver Lith. Co. The Pike's Peak gold rush (later known as the Colorado gold rush) was the boom in gold prospecting and mining in the Pike's Peak Country of western Kansas Territory and southwestern Nebraska Territory of the United States that began in July 1858 and lasted until roughly the creation of the Colorado Territory on February 28, 1861. An estimated 100,000 gold seekers took part in one of the greatest gold rushes in North American history.
The participants in the gold rush were known as "Fifty-Niners" after 1859, the peak year of the rush and often used the motto Pike's Peak or Bust! In fact, the location of the Pike's Peak gold rush was centered 85 miles (137 km) north of Pike's Peak. The name Pike's Peak gold rush was used mainly because of how well known and important Pike's Peak was at the time. Read more at https://en.wikipedia.org/wiki/Pike%27s_Peak_gold_rush
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.
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