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Western Pacific Railroad Company - Bond

Inv# RB5134   Bond
Western Pacific Railroad Company - Bond
State(s): California
Years: 1950
Color: Bl
$1,000 Railroad Bond. Great diesel locomotive vignette. $100 also available in Green but very few are available.

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.