Georgia and Florida Railway - 1912 dated $1,000 Bond
Inv# RB7571
Bond
Georgia
$1,000 6% Gold Bond printed by Hamilton Bank Note Co., New York. with great train vignette and full page of coupons.
The Georgia and Florida Railway (reporting mark GFRR) is a short line railroad operating in Georgia and Florida, and is a subsidiary of OmniTRAX. The railroad spans 297 miles (478 km) over numerous different rail lines, most of which radiate out of Albany, Georgia. Primary commodities include corn, scrap metal, chemicals, ethanol, cement, paper, cottonseed, clay wood pulp, peanuts, fertilizer, beer, aggregates and others, generating 21,000 annual carloads. Upon its start on April 14, 1995 the railroad was named the Georgia and Florida Railroad and was a Gulf & Ohio subsidiary operating over two lines: Albany to Sparks, and Valdosta to Nashville over former Norfolk Southern (NS) trackage. Initially the railroad consisted of approximately 130 miles (210 km) of track over two separate branches, including trackage rights over NS to link the disconnected lines. The railroad initially hauled grain, peanuts, fertilizer, woodchips, and beer, totaling around 10,000
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.
Ebay ID: labarre_galleries