Cumberland Coal Company

Inv# MB5069   Bond
Cumberland Coal Company
Country: United States
State(s): New York
Years: 1867
$500 Gold Bond; 1867; Early! Great!
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: $250.00
Quantity: