Compañía Azucarera Andres Gómez Mena
Voting Trust Certificate | 1925 | 100 Dollars| Type | Voting Trust Certificate |
|---|---|
| Nominal | 100 Dollars |
| Place of Issue | New York, Cuba |
| Date of Issue | 1925 |
| Printing Firm | American Bank Note Company |
| Language | English |
| Year of Acquisition | 2014 |
| Condition | EF |
Description
The Spanish Gómez-Mena family living in Cuba owned two centrales - Amistad and Gomez-Mena in the La Habana province, Cuba under the umbrella of the company. Through marriage the mills apparently came to be controlled by the Fanjul family likely in the late 19th century - today one of the largest private owners of sugar operations. In 1920 it sold the two centrales to interests associated with Warner Sugar Refining (a US sugar refiner). By 1938 the company was stated as controlled by Spanish interests and in all likelihood the company was reorganized from 1925 resulting in the New Gomez-Mena Sugar Company. The centrales were nationalized as a consequence of the Cuban revolution and whilst Gómez-Mena may still be operating Amistad was dismantled.
Typical plain Voting Trust Certificate. Stamped “Specimen”, punchholes.
Voting trusts were usually put in place to either ensure the joint voting of parties that cooperated to control a company or during a reorganization to ensure that required majorities would be achieved.