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Wichita Falls & Northwestern Railway - Bond

Inv# RB5565   Bond
Wichita Falls & Northwestern Railway - Bond
State(s): Oklahoma
Years: 1907
$1,000 Gold Bond, Train vignette engraved by Franklin Lee Bank Note Co., NY. Page of coupons attached. Several coupons throughout bond. Still a scarce Western bond.

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: $50.00