Skip to main content

Michigan Central Railroad Co. - Various Denominations Bond

Inv# RB7442   Bond
State(s): Michigan
Years: 190-

Various denominations 5% Unissued Bond. Printed by American Bank Note Company, New York.

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: $24.00