Skip to main content

Mobile and Dauphin Island Railroad and Harbor Co. - £200 Bond

Inv# RB7444   Bond
State(s): Alabama
Years: 1893

£200 5% Gold Bearer Bond printed by Waterlow Bros. & Layton, London. 2 full pages of coupons. Large flaw at left border.

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.