Santa Cecilia Sugar Company

Bond | February 1, 1905 | One piece at 1000 US-$
TypeBond
Represented Quantity1
Nominal1000 US-$
Coupon Rate6%
Place of IssueMaine, United States of America
Date of IssueFebruary 1, 1905
Printing FirmAmerican Bank Note Company
LanguageEnglish
Year of Acquisition2014
ConditionEF

Description

The Santa Cecilia Sugar Company was incorporated in 1904 in Maine (which was an unusual choice). The company owned the Santa Cecilia mill near Guantánamo in the Oriente province of Cuba. By 1917 the company needed to be reorganized and was succeeded by Santa Cecilia Corporation which in turn was reorganized in 1929 and the property was sold for 75,000 US-$ and by 1938 the mill was controlled by a Cuban company. The mill was probably closed before the 1959 revolution.

Sample coupon

Unusual design for this first mortgage gold bond. The vignette shows an ox-cart used for harvesting and - I presume - mules that seem to want to be on a race. Stamped “Specimen” and punchholes. 0000-numbered. 

Santa Cecilia Sugar Company | Museum Fraikin