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Village of Edgewater - $500 or $1,000 - Bond

Inv# SB5035   Bond
Village of Edgewater - $500 or $1,000 - Bond
State(s): New York
Years: 1870
$1,000 or $500 7% Bond printed by J.O. Seymour, Kennard & Hay, N.Y. The Village of Edgewater on Staten Island in New York no longer extant, was incorporated in 1866 and included Stapleton, Clifton and the portion of Tompkinsville that lies west of what is now Victory Boulevard.
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.