Fort Worth Land Co. - $1,000 BondInv# GB5688 Bond
$1,000 7% Gold Bond printed by Stephens Litho. & Eng. Co., St. Louis. All but 3 coupons remain.
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.