The Francisco Sugar Company

Bond | May 15, 1922 | One piece at 500 US-$
TypeBond
Represented Quantity1
Nominal500 US-$
Coupon Rate7.5%
Place of IssueNew Jersey, United States of America
Date of IssueMay 15, 1922
Printing FirmAmerican Bank Note Company
LanguageEnglish
Year of Acquisition2022
ConditionEF

Description

The Francisco Sugar Company was incorporated in New Jersey in 1899 and owned a factory in the Camagüey province named after Francisco Rionda y Polledo which became operational in 1902 and was part of the Rionda family empire. In 1921 it acquired Compañía Azucarera Elia which owned a mill and planting area adjacent to the company. The company remained active into the 1960s and the mill seems to still be operating today.

sample coupon

Specimen. Typical design for the period. Vignette with allegorical figures. First Mortgage 20 year sinking fund gold bond.

The capital stock of the company was admitted for trading on the New York Stock Exchange on the 2nd of January 1937.

The Francisco Sugar Company | Museum Fraikin