Sokol Slavsky Gymnastic Association - 1926 dated Cicero, Illinois $100 Bond - Rare Variety
Inv# SR1122 Bond
$100 5% Bond with gold seal. Cicero, Illinois. Cicero (originally known as Hawthorne) is a suburb of Chicago and an incorporated town in Cook County, Illinois, United States. Per the 2020 census, the population was 85,268, making it the 11th largest municipality in Illinois. The town of Cicero is named after Marcus Tullius Cicero, a Roman statesman and orator. Originally, Cicero Township occupied an area six times the size of its current territory. The cities of Oak Park and Berwyn were incorporated from portions of Cicero Township, and other portions, such as Austin, were annexed into the city of Chicago.
By 1911, an aerodrome called the Cicero Flying Field had been established as the town's first aircraft facility of any type, located on a roughly square plot of land about 800 meters (1/2-mile) per side, on then-open ground at 41°51′19.03″N 87°44′56.5″W by the Aero Club of Illinois, founded on February 10, 1910. Famous pilots like Hans-Joachim Buddecke, Lincoln Beachey, Chance M. Vought and others flew from there at various times during the "pioneer era" of aviation in the United States shortly before the nation's involvement in World War I, before the field closed in mid-April 1916. Read more at https://en.wikipedia.org/wiki/Cicero,_Illinois
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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