TOWN OF CALLICOON NEW YORK VOLUNTEER BOUNTY FUND 1864.
Interest bearing town bond, Sept 17, 1864 12 1/2" x 7 3/4"  payable first day March 1865.
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.
Nice graphic appeal. (cwsb002); $195.