State of Maine Town of Jay Funded Debt. - 1864 dated $100 Municipal Bond with Two Revenue Stamps
Inv# GB5719 Bond$100 Bond with 2 5 cents revenue stamps. Jay is a town in Franklin County, Maine, United States. Jay was included in the Lewiston-Auburn, Maine metropolitan New England city and town area. The population was 4,620 at the 2020 United States Census. Jay includes the village of Chisholm. Read more at https://en.wikipedia.org/wiki/Jay,_Maine
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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