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El Paso Electric Co. - Bond

Inv# SE1614   Bond
El Paso Electric Co. - Bond
Country: United States
State(s): Texas
Years: 1954
Color: Green
$1000 Specimen Bond; Printed by American Bank Note Company; 5 1/4% Convertible Debenture Due September 1, 1977
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: $95.00