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Tehuantepec Co. £125 - Bond (Uncanceled)

Inv# RB5204   Bond
Tehuantepec Co. £125 - Bond (Uncanceled)
State(s): Louisiana
Years: 1853
£125 Sterling 7% Bond. Uncanceled. Exceptional graphics by Rawdon, Wright, Hatch & Edson, NY. All 39 coupons present. Rare Southern state. Very historic company intending to build a railroad across Mexico from the Atlantic to the Pacific. Unfortunately it failed. Superb Condition! Rare!

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: $1,805.00