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Midland Valley Railroad - Bond (Uncanceled)

Inv# RB5581   Bond
Midland Valley Railroad - Bond (Uncanceled)
State(s): Arkansas
Years: 1913
$500 5% Gold Uncanceled Bond. Brown or Gray. Franklin-Lee Bank Note Co., NY. Brown has at least 32 of 40 coupons present. Gray has at least 28 of 40 coupons.

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.
OUT OF STOCK