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The Compania Azucarera Ermita, also known as Ermita Sugar Company, was one of the leading sugar production companies in Cuba. Founded to take advantage of the favorable climatic conditions and the fertility of Cuban soil, the company played a crucial role in the production and distribution of sugar, one of the island's main export products. The issuance of bonds like the one in 1923 allowed the company to raise the necessary funds to expand sugarcane plantations and improve production infrastructure.
Historical Data of the Company
| Data | Value |
|---|---|
| Year of Establishment | 1910 |
| Headquarters | Havana, Cuba |
| Name at Delisting from Stock Exchange | Compania Azucarera Ermita |
| Year of Stock Exchange Admission | Not available |
| Year of Delisting from Stock Exchange | Not available |
| Year of Company Cessation | 1959 |
| Initial Capital | Not available |
| Final Capital | Not available |
| Revenue in 1923 | Not available |
| Revenue in 1930 | Not available |
Characteristics of the Historical Document
| Characteristic | Detail |
|---|---|
| Type of Document | Bond (Gold Bond) |
| Nominal Value | $1000 |
| Interest Rate | 7.5% |
| Duration | 20 years |
| Issue Date | 1923 |
| Maturity Date | 1943 |
| Issuer | Compania Azucarera Ermita |
| Country | Cuba |
| Language | English |
Scripophily collecting offers a unique opportunity to own a piece of economic and agricultural history. Each document tells a story of production, growth, and transformation, reflecting the economic dynamics of a bygone era. The aesthetic beauty of these documents, with their intricate details and illustrations, makes them art pieces as well as historical testimonies.
The bond of the Compania Azucarera Ermita represents a significant piece of Cuban and world agricultural history. Issued in Cuba, it symbolizes the importance and influence of the company in the production of sugar, a fundamental product for the island's economy. Collecting a document like this not only enriches one's collection but also provides a tangible link to the past, allowing for exploration and understanding of the roots of the modern sugar industry.
All historical documents for sale are intended for collection purposes only. The documents have no economic or financial value (no economic or financial value), the second image is only representative of the company's business.
