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South Carolina Railroad Co. - £500 Bond

Inv# RB7343   Bond
South Carolina Railroad Co. - £500 Bond
State(s): South Carolina
Years: 1868
£500 5% State of South Carolina Bond with 2 great vignettes. Most coupons remain (not shown). Larger size bond measures 14 1/2" x 21 1/4" including coupons.
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: $140.00