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State of New Jersey-County & City Bonds

Inv# GB5095   Bond
State of New Jersey-County & City Bonds
State(s): New Jersey
Years: 1940's-50's
Color: Various colors
$1,000 Bond. Vertical type bond with Coat of Arms vignette. Specimen

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: $10.00