State Board of Education - 1974 dated $5,000 Jacksonville, Florida Bond
Inv# GB5689 Bond
$5,000 6.50% Bond printed by Northern Bank Note Co., Chicago. 31 of 60 coupons remain. Jacksonville is the most populous city proper in the U.S. state of Florida, located on the Atlantic coast of northeastern Florida. It is the seat of Duval County, with which the City of Jacksonville consolidated in 1968. It was the largest city by area in the contiguous United States as of 2020.
City-county consolidation greatly increased Jacksonville's official population and extended its boundaries, placing most of Duval County's population within the new municipal limits; Jacksonville grew to 900 square miles (2,300 km2).
As of July 2022, Jacksonville's population was 971,319, while the population of Duval County was about 1 million. After consolidation, Jacksonville became the most populous city in Florida and the Southeastern United States, and the largest in the South outside the state of Texas. With a population of 1,733,937, the Jacksonville metropolitan area ranks as Florida's fourth-largest metropolitan region. The metropolitan area consists of Clay County, St. Johns County, Nassau County, and Baker County. Read more at https://en.wikipedia.org/wiki/Jacksonville,_Florida
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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