State of South Carolina - 1874 dated Columbia, South Carolina Municipal Bond
Inv# GB5109 Bond
Available in Unissued $500 or $1,000 Denominations. Please specify type. Engraved bond with four great vignettes by American Bank Note Co. Superb!!
Columbia is the capital city of the U.S. state of South Carolina. With a population of 136,632 at the 2020 census, it is the second-most populous city in South Carolina. The city serves as the county seat of Richland County, and a portion of the city extends into neighboring Lexington County. It is the center of the Columbia, SC Metropolitan Statistical Area, which had a population of 829,470 in 2020 and is the 7th-most populous urban center in the Deep South and the 72nd-most populous metropolitan statistical area in the nation. The name Columbia is a poetic term used for the United States, derived from the name of Christopher Columbus, who explored for the Spanish Crown. Columbia is often abbreviated as Cola, leading to its nickname as "Soda City".
The city is located southeast of the geographic center of South Carolina and was the center of population of South Carolina in 2020. It is also the primary city of the Midlands region of the state. It lies at the confluence of the Saluda River and the Broad River, which merge at Columbia to form the Congaree River. As the state capital, Columbia is the site of the South Carolina State House, the center of government for the state. In 1860, the South Carolina Secession Convention took place in Columbia; delegates voted for secession, making South Carolina the first state to leave the Union in the events leading up to the Civil War. Read more at https://en.wikipedia.org/wiki/Columbia,_South_Carolina
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.
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