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Ernest Ochs - Aetna Brewery - 1890 dated $1,000 6% Mortgage Bond - Very Rare

Inv# BR1048   Bond
State(s): New York
Years: 1890
Color: Green and Black

$1,000 6% Mortgage Bond. "Aetna Brewery". Charles Herold is the man who founded the Aetna Brewery in Hartford Connecticut. His actual birthdate in 1835 is lost to history. He was born in Saxony, Germany and came to America with his wife Emilie (née Koenig) in the late 1840s. He started a Steam Brewery at 110 Albany Avenue in Hartford Connecticut in 1858. Herald sold that firm 8 years later to Paul Link and established a new brewery on Bellevue Street which he named the Harold Capitol Brewery. He ran that brewery for nearly 30 years, until his death on January 17th, 1892. By this time the Charles Herold name had such a reputation that the brewery continued in his name for several more years, despite his having no children in management. In fact William W. Frick, the manager who finally changed the brewery name to the Columbia in 1896, was shortly afterwards deposed in part because of this decision. Read more at https://www.taverntrove.com/aetna-brewing-co-of-hartford-connecticut-usa-br-5826.html?pID=0

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.
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