New Orleans, Mobile and Texas Railroad Company signed by Oliver Ames II - BondInv# AG1879
$1,000 8% Bond printed by Henry Seibert & Bros., N.Y. Oliver Ames 2nd signs as Trustee. All coupons remain on bottom of Bond. Oliver Ames (1831-1895), Capitalist, Philanthropist. Son of Oakes Ames. Became dominant figure in Oliver Ames and Sons on the death of his uncle (Oliver Ames, 1807-77). A fortunate and far-seeing financier, he was director of many banks, railroads and land companies. Served ably as Republican Governor of Massachusetts, 1886-90.
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.