State of North Carolina - 1869 $1,000 Bond

Inv# ST1001   Bond
State of North Carolina - 1869 $1,000 Bond
Years: 1869
1869 6% $1,000 UNCANCELLED Bond issued for the Western North Carolina Railroad. Signed by the Governor W. W. Holden. Engraved with three great vignettes by American Bank Note. 59 of the 60 coupons present. Great for framing! From a popular and scarce state! Scarce. Excellent Condition.

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: $175.00