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Toledo, Canada, Southern and Detroit Railway Co. - $105 Bond

Inv# RB7463   Bond
Country: Canada
State(s): Michigan
Years: 1873

$105 7% Bond printed by Henry Seibert & Bros. Ledger Building, N.Y.

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: $74.00