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State of Louisiana Board of Levee Commissioners for the Levee District - $1,000 Bond

Inv# GB5643   Bond
State of Louisiana Board of Levee Commissioners for the Levee District - $1,000 Bond
State(s): Louisiana
Years: 1867
$1,000 8% Bond for the State of Louisiana, Parishes of Carroll and Madison. Coupons on both sides of Bond as well as wide margins top and bottom. Large size bond measures 18 3/4" x 23 1/4". (side and top and bottom margins not fully illustrated).
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: $115.00