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Industrial Development Board of the City of Elkton, Tennessee - $1,000 Municipal Bond

Inv# GB5697   Bond
State(s): Tennessee
Years: 1973

$1,000 7 3/4% Uncancelled Bond printed by Northern Bank Note Company, Chicago. Elkton is a city in Giles County, Tennessee, United States. The population was 578 at the 2010 census. Read more at,_Tennessee

Condition: Excellent

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.