Illinois Central Railroad Co. signed by Stuyvesant Fish - $1,000 Bond - Extremely RareInv# AG2578 Bond
$1,000 Bond signed by Stuyvesant Fish as president.
Stuyvesant Fish (June 24, 1851 – April 10, 1923) was an American businessman and member of the Fish family who served as president of the Illinois Central Railroad. He owned grand residences in New York City and Newport, Rhode Island, entertained lavishly and, along with his wife "Mamie", became prominent in American high society during the Gilded Age. Read more at https://en.wikipedia.org/wiki/Stuyvesant_Fish
The Illinois Central Railroad (reporting mark IC), sometimes called the Main Line of Mid-America, was a railroad in the Central United States, with its primary routes connecting Chicago, Illinois, with New Orleans, Louisiana, and Mobile, Alabama, and thus, the Great Lakes to the Gulf of Mexico. A line also connected Chicago west to Sioux City, Iowa (1870). There was a significant branch to Omaha, Nebraska (1899), west of Fort Dodge, Iowa, and another branch reaching Sioux Falls, South Dakota (1877), starting from Cherokee, Iowa.
Beginning in 1850, IC was the first U.S. railroad in which construction was partially financed through a federal land grant - such financing became a key to building U.S. railroads. The Canadian National Railway acquired control of the IC in 1998, and merged its operations in 1999. Illinois Central continues to exist as a paper railroad. Read more at https://en.wikipedia.org/wiki/Illinois_Central_Railroad
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.