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Tenax, Inc. - $1,000 Bond - Still in Business

Inv# GB5699   Bond
State(s): New York
Years: 1960

$1,000 5 3/4% Uncancelled Bond printed by Security-Columbian Banknote Company. Some coupons remain. Still in business. Here is their website:

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: $13.00