Skip to main content

Penobscot and Kennebec Railroad Co. - $1,000 Bond

Inv# RB7447A   Bond
State(s): Maine
Years: 1855

$1,000 6% Bond printed by W.S. Drummond, Printer, Boston. All coupons remain. Similar to RB7447.

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: $151.00