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<p>[QUOTE=&quot;Maxfli, post: 3459741, member: 69089&quot;]I believe those are known as bearer bonds, presumably a means by which the railroads raised working capital, in the same way that companies today, and governments, issue bonds to raise money.</p><p><br /></p><p>You can learn more by searching &quot;railroad bearer bonds.&quot;</p><p><br /></p><p>Unlike bonds issued to buyers by name, bearer bonds are &quot;owned&quot; by whoever has possession of them (the bearer). They were outlawed in the U.S. in the 1980s because they lent themselves too easily to things like tax evasion and money laundering.</p><p><br /></p><p>If you ever saw Die Hard, you may recall that Hans Gruber and his gang took over Nakatomi Plaza in an attempt to rob a safe containing millions of dollars worth of bearer bonds.[/QUOTE]</p><p><br /></p>

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