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Michigan Central Railroad - Bond

Inv# RB5314   Bond
Michigan Central Railroad - Bond
State(s): Michigan
Years: 1929
$50,000 4 1/2% Unissued Gold Bond. American Bank Note Co. Great!!

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: $50.00