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Rochester Water Works Loan dated 1869 - $1,000 Bond

Inv# GB5624   Bond
State(s): New York
Years: 1869

$1,000 6% Gold Bond with most coupons remaining. Red seal and revenue stamps! Some paper tearing at folds but otherwise nice!

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: $20.00