New Haven, Middletown & Willimantic Railroad - Bond
Inv# RB5322 Bond
State(s):
Connecticut
Years:
1871
$500 7% Uncancelled Bond. At least 38 of 40 coupons present. National Bank Note Co-NY. Superb vignette and including several rows of coupons each with a great locomotive. Truly a Classic!!!
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.