Society of Pacific Coast Pioneers - 1877 dated Bond
Inv# MS2261 Bond
$10 or $20 1% Bond. Rare! "The Society of Pacific Coast Pioneers was organized in 1872 at Virginia, Nevada, as a moral, benevolent, literary and scientific association.to collect and preserve information connected with the early settlement and subsequent history of the Pacific States and Territories." (from State of Nevada). Bold bear vignette!
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.
Ebay ID: labarre_galleries