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Pacific Coal and Transportation Co - Bond

Inv# GB5144   Bond
Pacific Coal and Transportation Co - Bond
State(s): Maine
Years: 1901
$500 6% Gold Bond. Boston Bank Note Co. Pacific Coal & Transportation Co. Incorporated in New Jersey 1901. Charter declared void 1907. For nonpayment of taxes. Securities apparently worthless. Several companies of this name.

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: $125.00