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Michigan Central Railroad Company - Bond

Inv# RB5610   Bond
Michigan Central Railroad Company - Bond
State(s): Michigan
Years: 1903-42
Various Denomination 3.5% Gold Bonds, Available in Green, Blue or Brown. Please specify type. Also available Issued or Unissued. Graphics by American Bank Note Co., NY. Neatly hole & stamp cancelled. High denomination. Scarce!!

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