Grocers Steam Sugar Refining Company of New-York
Bond 01. October 18531 * 500 US-$
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| Type | Bond |
|---|---|
| Security Number | 239 |
| Represented Quantity | 1 |
| Nominal | 500 US-$ |
| Coupon Rate | 7% |
| Place of Issue | New York, United States of America |
| Date of Issue | 01. October 1853 |
| Printing Firm | Nicht zugewiesen |
| Language | English |
| Year of Acquisition | 2016 |
| Condition | F |
Description
Short-lived company that built and ran a sugar refinery in New York. It acquired a plot in 1852 to build a refinery. In 1857 the company failed. Surprisingly the proceeds from the sale in 1858 were more than enough to pay for the mortgage.
Early design for this bond - more typical of later share certificates. Unusually three individuals are identified as creditors. Large vignette of the refinery. Corporate seal. Very thin paper and oversize format.