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Kona and Kau Railway - Bond (Uncanceled)

Inv# RB5188   Bond
Kona and Kau Railway - Bond (Uncanceled)
State(s): Hawaii
Years: 1902
$100 6% Bond was payable in U.S. Gold Coin. Uncanceled. Early Hawaii stocks and bonds are so very rare and this bond is truly exceptional! 59 of 60 coupons remain. Excellent Condition. Very Rare and in Great Demand!

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.