Acadia Sugar Refining Company
First Mortgage Gold Bond | 1920 | One piece at 1000 US-$| Type | First Mortgage Gold Bond |
|---|---|
| Represented Quantity | 1 |
| Nominal | 1000 US-$ |
| Coupon Rate | 7% |
| Place of Issue | Halifax, Canada |
| Date of Issue | 1920 |
| Printing Firm | Franklin Lee Division - American Bank Note Co |
| Language | English |
| Year of Acquisition | 2024 |
| Condition | EF |
Description
The company was originally established in the UK to consolidate three cane refineries active in Canada. The bust in the sugar market in the 1920s caused the company to fail and it was subsequently reorganized in 1926. The name itself changed in 1945 to Acadia-Atlantic Sugar Refineries Ltd which in turn was acquired by Lantic Sugar. Today none of the refineries under Acadia is still active.
Typical, decorative certificate with a large harvesting scene (which maybe understandably is one of the rarer vignettes in the ABN roster). Coupons (front/rear). The choice of orange for the bond was unusual - close to 90% of 1000-$ bonds were green...
Interesting to note that this is a British corporation, issuing a Canadian bond denominated in US-$.
Sources: 17 Nov 1945, page 25 - National Post at Newspapers.com™ - Newspapers.com™, History of the Sugar Industry in Canada - The Canadian Sugar Institute all retrieved 15.12.2025