Tenax, Inc. - $1,000 Bond - Still in BusinessInv# GB5699 Bond
$1,000 5 3/4% Uncancelled Bond printed by Security-Columbian Banknote Company. Some coupons remain. Still in business. Here is their website: https://www.tenaxus.com/en/about/our-history/
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.