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The posted information does not exactly match any "shares" that I have been able to access but I think you may have been asking about municipal bonds.
Municipal bonds are issued by state and local governments to raise money for public works projects.
Municipal bonds are exempt from federal, state and local taxes if you live in the issuing municipality. Municipal bonds generally pay interest twice a year.
Check with the government that issued the bonds if you are asking about City of Laguna Niguel bonds issued in 1961.
If you have any other questions, please ask me – I’ll be happy to respond. Thank you!