U.S. Armed Forces Leave Bond, 1946, 2.5% Interest Payable in 5 Years.

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Washington, D.C., (Issued in Philadelphia), $100, Federal Bond. These Armed Forces Leave Bonds were issued to compensate servicemen under the leave act of 1946 as compensation for unused leave. The bonds are printed on Hollerith Punch Cards bearing the portrait of Carter Glass, former U. S. Treasury Secretary (1918-1920). Carter Glass left, Black and Blue, Red Treasury Seal and Serial Number. Back has terms of Negotiation on ADP Punch Card. Rarely seen bond. Light center fold.