Sewer Bond of the Village of Pilger, Nebraska - 1925 dated Town Sewage Bond
Inv# GB5475 BondState of Nebraska Sewer Bond of the Village of Pilger, Nebraska; $500 Bond; Printed by The Beacon Press. Pilger is a village in Stanton County, Nebraska, United States. As of the 2010 census, the population was 352. It is located approximately 85 miles northwest of Omaha. Pilger was platted in 1880 when the railroad was extended to that point. It was named after Peter Pilger, the owner of the original townsite. Pilger was incorporated as a village in 1887. The Chicago & North Western ended railroad service in the spring of 1982; after flooding damaged many sections of the track & declining freight traffic volumes (which was ongoing since the mid-1970s) led to the track being abandoned. The track was removed a few years later. Read more at https://en.wikipedia.org/wiki/Pilger,_Nebraska
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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