Punta Alegre Sugar Company

Common | 1915 | 100 pieces at 50 US-$
TypeCommon
Represented Quantity100
Nominal50 US-$
Place of IssueDelaware, United States of America
Date of Issue1915
Printing FirmAmerican Bank Note Company
LanguageEnglish
Year of Acquisition2016
ConditionVF

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 certificate for 100 shares of common stock. Vignette of a harvesting scene with workers, ox-cart and rider. Punchholes and stamped “Specimen”. 00000-numbered. The certificate probably dates from 1915 or shortly thereafter.

Punta Alegre Sugar Company | Museum Fraikin