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City of Providence, Rhode Island $1,000 Highway/ Water Loan Bond from 1915/ 1930

City of Providence, Rhode Island $1,000 Highway/ Water Loan Bond from 1915/ 1930

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Are the certificates authentic?

Yes, all of the certificates we sell are authentic stock and bond certificates unless otherwise mentioned in the description. At one point in time, this certificate represented a share of of the company, or a bond receipt. These certificates have been removed from circulation and digitalized, as seen by cancellation holes, stamps and writing on the certificate. We offer these certificates as a collectable item, not a security.  

 

Your choice of a $1,000 Highway Loan or Water Loan Bond issued by the City of Providence, State of Rhode Island and Providence Plantations, due in 1935 or 1945. Issued in the early 1900s. It was signed by the mayor. 

These bonds represents Providence's infrastructure financing efforts during the late 19th century. During this period, Providence was experiencing significant development:In 1870, the city had already constructed a major sewer system, and by 1884, was exploring additional infrastructure improvements. The 1881 Highway Loan Bond would have been part of the city's broader infrastructure development initiatives during this era

In 1901, Providence began operating its first sewage treatment system. This system, located at Field's Point, was the third chemical precipitation plant of its kind in the United States and was described as "The largest of its type ever built". The system consisted of a pumping station at Ernest Street to lift sewage to Field's Point for treatment and a chemical precipitation plant for processing the sewage.

Prior to the 1901 treatment system, Providence had already taken steps to improve its water infrastructure. In 1870, the city constructed a sewer system that discharged waste through 65 sewer outfalls directly into Providence's urban rivers and harbor. In 1884, City Engineer Samuel M. Gray was sent to Europe to study waste treatment methods. He recommended a system to collect sewage at Field's Point and treat it using a chemical precipitation method used in England.

Materials and care

Here are some quick tips to preserve your certificate for decades to come. 

Paper quality: Stock certificates were printed on a variety of certificate paper dating back to the mid 1800s. Most of these vintage collectable certificates have signs of used & wear , cancellation holes, pencil / pen writing, stamps, staples, adhesives, slight rips, missing coupons and other features. 

Handling: Always handle the certificate with clean, dry hands or use cotton gloves to avoid transferring oils and dirt from your skin onto the paper.

Storage: Store the certificate in a cool, dry place away from direct sunlight, which can cause fading. Use acid-free folders or archival-quality plastic sleeves to protect it from moisture, dust, and physical damage.

Framing: If displaying the certificate, use a frame with UV-protective glass to prevent light damage. Ensure the certificate is mounted using acid-free materials to avoid any chemical reactions that could degrade the paper over time.

Avoid Exposure: Keep the certificate away from direct sun, extreme temperatures and humidity, which can cause the paper to warp or deteriorate. Avoid exposing it to pollutants, such as smoke or chemicals, which can cause discoloration.

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