Thirty Fourth Street Crosstown Railway Co. - 1896 dated $1,000 Railroad Gold Bond
Inv# RB7125 Bond
$1,000 5% Gold Bond printed by International Bank Note Co., New York. Over 2 pages of coupons attached. The 34th Street Crosstown Line is a surface transit line on 34th Street in Manhattan, New York City, United States. It currently hosts the M34/M34A SBS routes of MTA's Regional Bus Operations. The M34 runs from 12th Avenue to FDR Drive via 34th Street, while the M34A runs from Port Authority Bus Terminal to Waterside Plaza.
For most of its length, the M34 uses 34th Street to travel crosstown. There is a one-block stretch of the westbound route, between 11th and 12th Avenues, that runs along 33rd Street; this is because the M34 needs to terminate along the northbound West Side Highway. At its eastern end, the M34 turns north onto the service road under FDR Drive to terminate at the East 34th Street Ferry Landing, which requires the M34 to make a U-turn at 35th Street and down southbound FDR Drive for one block. Read more at https://en.wikipedia.org/wiki/M34_and_M34A_buses
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.
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