| Type | Debenture |
|---|---|
| Represented Quantity | 1 |
| Nominal | 500 US-$ |
| Coupon Rate | 7% |
| Place of Issue | Delaware, United States of America |
| Date of Issue | July 1, 1922 |
| Printing Firm | American Bank Note Company |
| Language | English |
| Year of Acquisition | 2020 |
| Condition | EF |
Description
Important company in Cuba. Incorporated 3.8.1915 in Delaware as part of the empire of the Atkins family of Boston. It constructed, acquired and controlled sugar mills in several Cuban provinces and in 1925 was in control of 9 sugar mills. In 1930 the company - by then the fourth largest producer in Cuba was put in receivership. The successor company Punta Alegre Sugar Corporation moved into textiles after being expropriated in Cuba.
Typical design for this Sinking Fund Convertible Debenture. Vignette of a harvesting scene with workers, ox-cart and rider. Punchholes and stamped “Specimen”.
Sources: American Sugar Kingdom. The Plantation Economy of the Spanish Carribean 1898 - 1934, April 18, 1931 - NYTimes.com visited on 19.2.2022, November 13, 1965 - NYTimes.com visited on 19.2.2022