Ray Johnston Company - 1926 dated First Mortgage $500 Gold Bond - St. Petersburg, Florida
Inv# RE1059 Bond
$500 8% Gold Bond printed by Goes. Most coupons remain. St. Petersburg is a city situated in Pinellas County, Florida, United States. According to the 2020 census, its population was recorded at 258,308, ranking it as the fifth most populous city in Florida and the largest city in the state that does not serve as a county seat, with Clearwater being the county seat of Pinellas. It holds the position of the second most populous city within the Tampa Bay area, which is the second largest metropolitan region in Florida, boasting an estimated population of approximately 3.29 million as of 2022.
The city is positioned on the Pinellas peninsula, nestled between Tampa Bay and the Gulf of Mexico, and is linked to the mainland of Florida to the north. Residents commonly refer to the city as St. Pete. In 1994, neighboring St. Pete Beach officially abbreviated its name following a resident vote. The governance of St. Petersburg is managed by a mayor and a city council.
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.
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