Shore Line Railway Co. - 1890 dated Canadian Railroad Bond (Uncanceled)
Inv# RB5344
Bond
$1000 4% Gold Uncanceled Bond printed by New York Bank Note. 30 of 40 coupons present. Nice!!! Rare!!! Prince of Wales is a Canadian rural community in Saint John County, New Brunswick. It is located just west of the city of Saint John. The community was settled in 1783 by Loyalist Lieutenant Colonel Gabriel DeVeber, who was a member of the Prince of Wales American Regiment (PoWAR). The PoWAR fought in the American Revolutionary War. The community was a farming and lumbering community in the 19th century. The Shore Line Railway ran through the community, which has since been abandoned. Read more at https://en.wikipedia.org/wiki/History_of_New_Brunswick
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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