Original-Antique-Mexico-Tramways-Company-500-Bond-Certificate-1916-01-brv

Original Antique Mexico Tramways Company $500 Bond Certificate, 1916

Original Antique Mexico Tramways Company $500 Bond Certificate, 1916
Original Antique Mexico Tramways Company $500 Bond Certificate, 1916

Original Antique Mexico Tramways Company $500 Bond Certificate, 1916
Printed by Waterlow and Sons, London, England. This is an authentic original document in good condition. Please see scanned images (front and back) for more details. The Mexico Tramways Company was incorporated in Canada in March 1906, with its head office in Toronto, Canada. The Company was formed to acquire and consolidate the tramway systems in the City of Mexico and the surrounding district, and to this end acquired a controlling interest in both the Mexico Electric Tramways Limited company and the Mexican Light and Power Company. In December 1909, the Mexico City tramways system consisted of 171 miles of single track, of which 145,245 miles were operated by electricity and 26,655 miles by mules. 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. Note: This item has no stock or bond value, and is on offer for sale as a collector’s item only. This item is in the category “Coins & Paper Money\Stocks & Bonds, Scripophily\Transportation\Railroads”. The seller is “huntlym” and is located in this country: US. This item can be shipped worldwide.
  • Circulated/Uncirculated: Unknown
  • Modified Item: No
  • Country/Region of Manufacture: United Kingdom

Original Antique Mexico Tramways Company $500 Bond Certificate, 1916