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Southern Pacific Co. - 1929 dated $350 Railway Fractional Warrant for Subscription Rights to Forty-Year 4 1/2% Gold Bonds of 1929

Inv# GB5553   Bond
Southern Pacific Co. - 1929 dated $350 Railway Fractional Warrant for Subscription Rights to Forty-Year 4 1/2% Gold Bonds of 1929
State(s): New York
Years: 1929
Various denomination 4 1/2% Fractional Warrant Gold Bond printed by American Bank Note Company. Rare!
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.
OUT OF STOCK