Almada Sugar Corporation

Bond | November 1, 1912 | One piece at 1000 US-$
TypeBond
Represented Quantity1
Nominal1000 US-$
Coupon Rate6%
Place of IssueDelaware, United States of America
Date of IssueNovember 1, 1912
Printing FirmAmerican Bank Note Company
LanguageEnglish
Year of Acquisition2016
ConditionEF

Description

The company was established in 1912 to “grow and cultivate sugar cane and all other kinds of fruits and vegetables” with a capital stock of 3.5 mln US-$. It was apparently active in the Mexican state of Sinaloa and was dissolved in 1918. It was evidently succeeded by a short-lived Mexican company (Azucarera Almada). A 1925 newspaper report speaks of the former Mexican president Obregon looking to acquire the company's assets there.

back and front of sample coupons

Typical 1912 Collateral Trust Serial Gold Bond. Vignette with a harvesting scene. Unusually the first coupon is only for a two month period. Punchholes and stamped “Specimen”.

Almada Sugar Corporation | Museum Fraikin