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Louis D. Brandeis - State of New York Bond

Inv# AG1134   Bond
Louis D. Brandeis - State of New York Bond
State(s): New York
Years: 1930's

Louis D. Brandeis (1856-1941) Supreme Court Justice. Graduated from Harvard and as a young attorney became known as the People's attorney. He always felt a deep responsibility to aid in making the law responsive to the needs of a rapidly changing society. While on the bench of the Supreme Court, he scrupulously avoided all extrajudicial activities and involvements except for his support of the Zionist cause, to which he had been devoted since 1912. Brandeis University, founded in 1947, was named for him. This 1930's $1,000 Bond of the State of New York Loan for Highway Improvement is issued to Brandeis and is signed by the Trustees of his Estate including 3 Brandeis relatives including Alice G. Brandeis on a separate transfer document dated 1941. Excellent Condition. Rare!

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: $400.00