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State of South Carolina - 1871 dated £100 Bond

Inv# GB5109A   Bond
State of South Carolina - 1871 dated £100 Bond
Country: England
State(s): South Carolina
Years: 1871
Unissued £100 6% printed by American Bank Note Co., New York. Toned.
Condition: Good

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.