Tacajo Sugar Corporation

Bond | 1919 | One piece at 1000 US-$
TypeBond
Represented Quantity1
Nominal1000 US-$
Coupon Rate7%
Place of IssueNew York, United States of America
Date of Issue1919
Printing FirmFranklin Lee Division - American Bank Note Co
LanguageEnglish
Year of Acquisition2014
ConditionVF

Description

Set up in 1916 to erect the central Tacajo in the Oriente province of Cuba. In 1924 acquired by Compania Azucarera Antilla S.A, which owned the adjoining central Baguanos.

Sample coupons front and rear

Somewhat unusual certificate for this second mortgage bond (in itself unusual - typical were first mortgage bonds). Three females not obviously allegorically related to agriculture and brown rather than the standard green. Stamped specimen, punchholes. Vignette of a harvesting scene with an ox-cart.

Presumably this bond was issued to finance further expansion at the company which was highly profitable at the time.

 

Tacajo Sugar Corporation | Museum Fraikin