| Type | Shares |
|---|---|
| Nominal | 50 US-$ |
| Place of Issue | New Jersey, United States of America |
| Date of Issue | 1905 |
| Printing Firm | American Bank Note Company |
| Language | English |
| Year of Acquisition | 2016 |
| Condition | EF |
Description
The Guantánamo Sugar Company was established in 1905 and was a significant operation in Cuba. Besides three mills in the Oriente province (Soledad, Isabel and Los Canos) it controlled Guantánamo Railroad with 27 miles of standard gauge railway. The company survived the crisis of 1921 the Great Depression whilst being unable to pay a dividend on its common shares from 1921 - 1938 (and likely thereafter). Pretty much the last time the company makes it into US news is the reports of the nationalisation of the company's three sugar mills by Cuban authorities in March 1960.
Typical design for the period for this certificate for less than 100 shares of Capital Stock. Vignette with an ox-cart on a light railway on its way to the mill. The year of issuance for the specimen is not entirely clear. In 1920 the shares changed from a nominal value of 50 US-$ to no par value - so it must have been before 1920 but could plausibly have been the year of incorporation.
Sources: Manual of Sugar Companies, 1938. Farr & Co, 11 Mar 1960, Page 18 - Lansing State Journal at Newspapers.com visited on 22.5.2022