Harlem River and Portchester Railroad Co. issued to Grace RooseveltInv# AG2034 Bond
Grace Walton Roosevelt (married name Appleton Clark) (June 3, 1867 – November 29, 1945) was a right-handed American tennis player of the end of the 19th century, born in Hyde Park, New York. She was the daughter of John Aspinwall Roosevelt, an estate proprietor, and Ellen Murray Crosby. She started playing tennis with her sister Ellen in 1879 when her father installed a tennis court at their mansion 'Rosedale'. In 1889 she won the mixed doubles title at the U.S. National Championship with A.E. Wright. She won the doubles title in 1890 with her sister Ellen, defeating compatriots Margarette Ballard and Bertha Townsend in two sets. In 1895, she married lawyer Appleton LeSure Clark and had two sons, Russell and Roosevelt. She returned to Rosedale after her husband's death in 1930. She was a first cousin of Franklin Delano Roosevelt, 32nd President of the United States of America.
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.