| Type | Bond |
|---|---|
| Represented Quantity | 1 |
| Nominal | 1000 US-$ |
| Coupon Rate | 6% |
| Place of Issue | New Jersey, United States of America |
| Date of Issue | July 1, 1909 |
| Printing Firm | American Bank Note Company |
| Language | English |
| Year of Acquisition | 2021 |
| Condition | EF |
Description
The Francisco Sugar Company was incorporated in New Jersey in 1899 and owned a factory in the Oriente 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 was 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.
Specimen. Typical design for the period. Vignette with photograpic image of a central mill. First Mortgage 30 year sinking fund gold bond. Stamped “Specimen”, punchholes, 00000-numbered. Probably this bond was issued to refinance bonds issued when the company was incorporated. For coupons see here.
The capital stock of the company was admitted for trading on the New York Stock Exchange on the 2nd of January 1937.