Toledo and Ohio Central Railway Co. - 1901 dated $1,000 Railroad Bond

Inv# RB7264 Bond

State(s): Ohio

Years: 1901

Color: Green and Black

$1,000 4% Gold Bond printed by Franklin-Lee Bank Note Co., New York. The Toledo and Ohio Central Railway (T&OC) was a railway company in the U.S. state of Ohio from 1885 to 1952. In 1928 it was leased by the New York Central System, which purchased the line in 1938.

Precursors

Atlantic & Lake Erie Railroad
Atlantic & Northwestern Railroad
Ohio Central Railroad
- Columbus & Sunday Creek Valley Railroad
  - Ohio Central Railway
Zanesville & Western Railroad

Read more at https://en.wikipedia.org/wiki/Toledo_and_Ohio_Central_Railway

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.

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