Civil War State of New York $1000 Bond.1865, 6 3/4" x 11 3/4" "Payment Of Bounties To Volunteers."
Bonds were used by various counties and cities in the North to raise funds for bounties to entice young men to enlist into the Union Army. Each county was required to raise a certain number of soldiers to fight in the Civil War. If enough young men volunteered, everything was fine. But, if the county did not meet its quota, it was forced to "find" additional men. This was done by offering a bounty to any volunteer, paid with funds raised from the sale of these Bounty Fund Bonds.
Very Good to condition, slash cancelled marks. (Cwsb001; $85.