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New York Central Railroad Co. - Various Denominations Bond

Inv# RB7409   Bond
New York Central Railroad Co.  -  Various Denominations Bond
State(s): New York
Years: 1955 or 1970
Color: Burgundy, Brown, Orange or Red
Various denominations 6% Bond printed by Security Banknote Company. Some with coupons attached. Available unissued.
Condition: Excellent

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: $24.00