Montgomery & West Point Railroad of the State of Alabama

Inv# IM1007   Bond
Montgomery & West Point Railroad of the State of Alabama
State(s): Alabama
Years: 1867
$100, $500, or $1,000 denominations available, 8% Bonds. Each with various types of imprinted revenues in yellow. Lith of Henry Seibert & Bros, NY. Some coupons at bottom. Most have little cut cancels throughout but nice appearance. Rare!!! Great!!!

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: $150.00
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