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Subject:
From:
David Gaynon <[log in to unmask]>
Reply To:
Records Management Program <[log in to unmask]>
Date:
Fri, 29 Jan 2010 08:23:29 -0800
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 The only business record that I would keep permanently are certain negotiable securities.  I understand that around the time of the Napoleonic wars that UK issued Consols which are perpetual bonds (e.g. bonds with no redemption date).  See http://en.wikipedia.org/wiki/Consols

I understand that recently others are selling perpetual bonds.  See

http://www.reuters.com/article/idUSN1319919220091013

http://www.indianexpress.com/news/allahabad-bank-closes-perpetual-bond-sale/439322/

Since you could never cash them in you and your heirs would most likely want to hang on to them if not permanently for at least a very long time.

David B. Gaynon
[log in to unmask]
Huntington Beach CA, USA

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