New Orleans, Mobile & Texas Railroad

Inv# RB7204   Bond
New Orleans, Mobile & Texas Railroad
State(s): Alabama
Years: 1872
$1,000 8% Bond. Printer-Henry Seibert & Bros, NY. Several rows of coupons. 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: $275.00