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State of Louisiana - Bond

Inv# GB5087   Bond
State of Louisiana - Bond
State(s): Louisiana
Years: 1828
$1,000 5% Uncancelled Bond. Signed by Governor P. Derbigny. (1767-1829). Judge LA Supreme Court. Governor 1828-29. Printer-Benjn. Levy, New-Orleans. Rare!

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: $600.00