State of NY-Park System - Bond
Inv# GB5083 Bond
State(s):
New York
Years:
1940's
Color:
Pur
Various Denominations. NY State Coat of Arms small vignette of eagle, 2 female figures and a sunset at bottom center. Ornate & attractive!!
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.
