Osage City Bank, Osage City, Kansas - 1882 dated $100 Municipal Uncanceled Bond - Fantastic Design
Inv# GB5225 Bond
$100 7% Uncanceled Gold Bond. All 20 coupons remain. St. Louis Bank Note Co. Osage City is a city in Osage County, Kansas, United States. As of the 2020 census, the population of the city was 2,861. Osage City was surveyed and platted in late 1869, after the route of the Atchison, Topeka and Santa Fe Railway had been fixed, but before it had been built to the city. Osage City was incorporated as a city in April 1872. Like Osage County, the city was named for the Osage Nation. Osage City was a very busy coal mining town in the 19th century. In the summer of 1870, the first coal mines were opened by the Osage Carbon, Coal & Mining Company. At one time, there were twenty-eight mine shafts and 1,200 men employed. Read more at https://en.wikipedia.org/wiki/Osage_City,_Kansas
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.
Ebay ID: labarre_galleries