| REF. NO. | DENOMINATION | DESCRIPTION | NO.ISSUED | VALUE |
|---|---|---|---|---|
 |
||||
| 101s | Less than 100 $50 shares | specimen, 19-, c.1905?, orange and black American bank Note Company |
? | £50 |
 |
||||
| 102s | 100 shares no par value | specimen, c.1920, blue and black American bank Note Company |
? | £50 |
Guantanamo Sugar Company
Incorporated in New Jersey in 1905. Nationalised by the Cuban State in 1960.
Capital in shares of $50. in 1920 converted to shares of no par value.
1905
Description
The Guantánamo Sugar Company was established in 1905 and was a significant operation in Cuba. Besides three mills in the Oriente province (Soledad, Isabel and Los Canos) it controlled Guantánamo Railroad with 27 miles of standard gauge railway. The company survived the crisis of 1921 the Great Depression whilst being unable to pay a dividend on its common shares from 1921 – 1938 (and likely thereafter). Pretty much the last time the company makes it into US news is the reports of the nationalisation of the company’s three sugar mills by Cuban authorities in March 1960. Source – Museum Fraikin