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Group of three $50,000 Railroad Bonds

Inv# RB5161   Bond
Group of three $50,000 Railroad Bonds
State(s): New York
Years: 1920's or so
1920's or so, New York Central & Hudson River RR, Michigan Central RR, and Maine Central RR. All Unissued with Superb graphics by American Bank Note and Choice Mint Condition. Imagine, 3 $50,000 Bonds!!! The Set of 3. Scarce so nice.

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.