Johns-Manville Corporation Issued to Billy Graham Evangelistic Association - 1980 dated Registered Bond
Inv# GB5723 Bond
9.70% Bond issued to Billy Graham Evangelistic Association and printed by American Bank Note Company. The Billy Graham Evangelistic Association (BGEA) is a non-profit Christian outreach organization that promotes multimedia evangelism, conducts evangelistic crusades, and engages in disaster response. The BGEA operates the Billy Graham Training Center in Asheville, North Carolina, and the Billy Graham Library in Charlotte, North Carolina.
The organization was founded in 1950 by Billy Graham in Minneapolis, Minnesota; it later moved to Charlotte, North Carolina. The organization broadcast the Hour of Decision radio show for more than sixty years. In August 2018, six months after Graham's death, the BGEA launched the Billy Graham Channel on SiriusXM to broadcast Graham's sermons. Read more at https://en.wikipedia.org/wiki/Billy_Graham_Evangelistic_Association
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.
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