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Pekin, Lincoln and Decatur Railroad Co. - $1,000 Bond

Inv# RB7427   Bond
Pekin, Lincoln and Decatur Railroad Co. - $1,000 Bond
State(s): Illinois
New York
Years: 1871

$1,000 8% Bond with 3 rows of coupons attached.

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: $104.00