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$1000 City of San Antonio Gold Bond handcrafted-american-flags Local militias were a popular

SKU: 41711095979

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Description

Local militias were a popular and common form of community defense in the sparsely populated English colonies on America's eastern seaboard

writing a new constitution and electing the first leaders

Public meetings were held in Nacogdoches

After the defeat of the Texans

$1000 City of San Antonio Gold Bond handcrafted-american-flags Local militias were a popularIssued by the City of San Antonio, this 20 year $1,000 Gold Coupon Bond paid 4%. The owner would clip one of the accompanying coupons every six months and would be paid $20 interest in gold coins by his or her bank. Investors who owned these bonds would make regular visits to their banks to cut out and redeem the coupons and collect their interest, so the wealthy citizens of this era became known as "Coupon Clippers."

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