Mann's Boudoir (Railroad) Car Co $1,000 Uncanceled Gold Bond signed by William D'Alton MannInv# AG1207
William D'Alton Mann (1839-1920), Important Civil War Officer, Editor, Inventor. Captain 1st Michigan Cavalry, organized 1st Mounted Rifles, afterwards 5th Mich. Cavalry, and Daniel's Horse Battery, 1862; organized 7th Mich. Cavalry and Gunther's Horse Battery (these troops composing Mich. Cavalry Brigade); Colonel 1862; devised improvements in accoutrements of troops, used in the US and Austrian Armies. He was a pioneer manufacturer of cotton-seed oil; several years proprietor of the Mobile Register, invented and patented the boudoir car in 1871, and introduced it throughout Europe; organized the Mann Boudoir Car Co.-NY in 1883 which was later bought out by Pullman Co. This gorgeous $1,000 Gold Bond dated 1886 is engraved by Franklin Bank Note Co.-NY and is signed at front by Mann as President. The decent number of coupons are equally attractive. Even the back of the bond has an attractive Female vignette. Particularly Exciting in many ways!!!
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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