Town of Lincklaen War Loan - 1869 dated $100 7% New York Bond - Bounties to Volunteer Soldiers, Pursuant to the calls of the President of the United States
Inv# GB5560 Bond
$100 7% Civil War Bounty Bond. Rare! Chenango County is a county located in the south-central section U.S. state of New York. As of the 2020 census, the population was 47,220. Its county seat is Norwich. The county's name originates from an Oneida word meaning 'large bull-thistle'. Chenango County was formed on March 15, 1798, from 1,610 square miles (4,170 km2) of Tioga and Herkimer counties. Its eastern border is formed by the Unadilla River. The land had been purchased the previous year from the Oneida, who were forced into a smaller reservation to the north. On April 4, 1804, 70 square miles (180 km2) of Chenango County was partitioned to expand Oneida County; the communities of Waterville and Sangerfield were assigned to the new Oneida County. On March 21, 1806, 650 square miles (1,680 km2) of Chenango County was partitioned to produce Madison County. This established the current borders of Chenango County, which have been maintained to the early 21st century. This area was developed for agriculture in the nineteenth century and is still largely rural. Read more at https://en.wikipedia.org/wiki/Chenango_County,_New_York
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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