Skip to main content

new Lake Shore and Michigan Southern Railway Company issued to Malvina Astor

Inv# AG2202   Bond
New Item!
Lake Shore and Michigan Southern Railway Company issued to Malvina Astor
State(s): Michigan
Years: 1924
$1,000 3 1/2% Gold Bond issued to the will of Malvina Astor; related to the famous Astor family. Printed by American Bank Note Company, New York.

The Astor family achieved prominence in business, society, and politics in the United States and the United Kingdom during the 19th and 20th centuries. With ancestral roots in the Italian Alps, the Astors settled in Germany, first appearing in North America in the 18th century with John Jacob Astor, one of the wealthiest people in history.

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.
Price: $75.00