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State of New York - Bounty Bond

Inv# CW1025   Bond
State of New York - Bounty Bond
State(s): New York
Years: 1860's
$1,000 Bond. Four vignettes. Bonds raised money to entice men to join the army during the Civil War. Title at back-”Bounty Bond”. Several hole cancellations, still Ornate and Historic!

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: $65.00