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Montgomery Transit & Light Company - Bond

Inv# RB5214   Bond
Montgomery Transit & Light Company - Bond
State(s): Delaware
Years: 1917
$100 Green, $500 Brown or $1,000 Orange 6% Bond was payable in U.S. Gold Coin. Uncancelled. Numerous coupons. Excellent Condition. Available in Green, Brown or Orange. Please specify color.

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: $125.00