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Comstock Tunnel Bond signed by Theodore Sutro (Uncanceled)

Inv# MB5000   Bond
Comstock Tunnel Bond signed by Theodore Sutro (Uncanceled)
State(s): New York
Years: 1889
Color: Green or Orange

Theodore Sutro (1845-1927), Lawyer, was responsible in 1887 for saving the interests of the Sutro Tunnel Co. and organizing its successor "The Comstock Tunnel Co." These 1889 green $1,000 or orange $500 bonds by Homer Lee Bank Note-NY bears the uncanceled signature at front of Theodore Sutro as President. A very important piece of Western history. Available in $500 Orange or $1,000 Green Type. . Please specify type.

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: $160.00