Skip to main content

Talladega and Coosa Valley Railroad Co. - $1,000 - Bond (Uncanceled)

Inv# RB5203   Bond
Talladega and Coosa Valley Railroad Co. - $1,000 - Bond (Uncanceled)
State(s): Alabama
Years: 1889
$1,000 6% Bond was payable in U.S. Gold Coin. Uncanceled. Extremely attractive graphics by Homer Lee Bank Note Co. Rare State. Excellent Condition. Truly Exceptional!!!
Condition: Excellent

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: $185.00