Fernandina and Jacksonville Railroad Uncanceled Bond signed by Edward Henry HarrimanInv# AG1010
Edward Henry Harriman (1848-1909), Self-confident and ruthless, he spared neither friend nor foe if they blocked his plans. He was President of the Union Pacific. He was worth $400 million at the turn of the century. His genius as an administrator made him one of the great railway builders of all time. This 1880 Fernandina & Jacksonville Railroad bond is fully issued, uncancelled, has all 60 coupons, is signed and sealed three times by officers of 2 railroads and a steamboat company. Harriman signs at back with other trustees. Beautifully engraved by American Bank Note and in Superb Condition.
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.