Central Cunagua

Bond | July 1, 1917 | One piece at 1000 US-$
TypeBond
Represented Quantity1
Nominal1000 US-$
Coupon Rate6%
Place of IssueHabana, Cuba
Date of IssueJuly 1, 1917
Printing FirmAmerican Bank Note Company
LanguageSpanish, English
Year of Acquisition2021
ConditionEF

Description

The Central Cunagua erected a large mill in the Camagüey province, Cuba. The mill with a large acregae of 110,000 acres was finisihed in 1917. In 1919 the American Sugar Refining Company exercised an option to acquire the property for about 10 mln US-$ - which was one of the few Cuban sugar assets to remain profitable in 1921. ASR grouped its other Cuban mill (Jaronu) also under Central Cunagua. The two mills were nationalized along with the other assets after the Cuban revolution.

Specimen. Typical design for the period. Vignette of a harvesting scene with a mill in the background. Coupons here. Stamped “Specimen”, punchholes.

Central Cunagua | Museum Fraikin