Northern Alaska Development Corp. - $1,000 Mining Bond from College, AlaskaInv# AH1018 Bond
$1,000 8% Unissued Bond printed by Northern Bank Note Co., Chicago. Rare! Many coupons remain. College (Lower Tanana: Trothyeddha') is a census-designated place (CDP) in Fairbanks North Star Borough, Alaska, United States. It is part of the Fairbanks, Alaska Metropolitan Statistical Area. As of the 2020 census, the population was 11,332, down from 12,964 in 2010. College is the third-most populated CDP in Alaska.
College is adjacent to the city of Fairbanks. The University of Alaska Fairbanks lies within its boundaries and serves as its core. The area is often referred to as part of Fairbanks, and not as a separate entity. The area is served by the University of Alaska Fairbanks for fire protection and ambulance service, and jointly by the University of Alaska Fairbanks Police Department and Alaska State Troopers for police protection. Read more at https://en.wikipedia.org/wiki/College,_Alaska
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.