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State of New York - Loan For Barge Canal Terminals - 1910-1940's dated New York State Bond

Inv# GB5076   Bond
State(s): New York
Years: 1910-1940's
Color: Gr

Various Denominations. State Coat of Arms vignette of eagle, 2 female figures and a sunset. Ornate and attractive!!! The Inner Harbor is a former industrial quarter of Syracuse, New York, situated at the center of a larger district long colloquially known as Oil City, and since 1989 rebranded as the Lakefront. The waterfront zone was originally considered to be limited to just that area bounded by West Kirkpatrick, Solar, West Bear, and Van Rensselaer streets, but it has been gradually enlarged by the process of familiarity and promotion to include the opposite sides of some of those streets.

The water at Inner Harbor's center can be variously viewed as the outlet of Onondaga Creek, or as a human-made extension southeasterly of Onondaga Lake, or as a small, seldom-utilized part of the modern Erie Canal. It has been the scene of more than three decades of development or redevelopment proposals, sponsored by the State of New York or the City of Syracuse, some of which has come online in the late 2010's.

The central waterway appears on the area's U.S. Geological Survey topographical map from 1939 labelled as the Barge Canal Terminal, so called because it served as a dead-end southerly spur -- through Onondaga Lake -- off of the Erie Canal, after that system's 1918 modernization and re-routing. An older 1895 topographical map shows the naturally winding course of Onondaga Creek had by then been partially straightened in the district, but not exactly along the modern footprint. Read more at https://en.wikipedia.org/wiki/Inner_Harbor,_Syracuse

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: $5.00