1777 dated State of Massachusetts Bay - Colonial BondInv# CD1009A Bond
100 Pounds 6% Bond with Independence Stamp of a Man with Sword in Hand. Exceptional quality! Archival repairs at back.
Signed by Henry Gardner Sr. (1731-1782) was an American politician who served as Treasurer of the Commonwealth of Massachusetts and the Colony of Massachusetts Bay. He was appointed receiver general and treasurer in 1774 by the Provisional Congress of Massachusetts.
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.