Cuban Cane Products Co., Inc - 1930 dated $100 Cuba Gold Bond (Uncanceled) - Your Choice
Inv# FB5109 Bond
Very Scarce! Please specify color. Many coupons attached. California and Hawaiian Sugar Company (C&H Sugar) is an American sugar processing and distribution company. Originally organized as a co-operative in 1921, it encountered a severe decline in sugar markets and passed through a series of owners in the latter half of the 20th century. In 2017, its Crockett, California, refinery processed its last shipment of Hawaiian sugar but continues to produce sugar from other locations. The Crockett Refinery employs more than 450 people and produces 14% of the nation's cane sugar.
The California and Hawaiian Sugar Company was founded in 1906 and operated from 1921 to 1993 as an agricultural cooperative marketing association owned by the member sugar companies in Hawai?i. Its headquarters are in Crockett under the Carquinez Bridge in unincorporated Contra Costa County, California.
In 1993, the member companies sold their interests in C&H to Alexander & Baldwin in Honolulu, and the refining company's status changed from a cooperative to a stock corporation. Alexander & Baldwin subsequently sold its majority share to an investment group, Citicorp Venture Capital (CVC) in 1998, retaining a 40% common stock interest in the recapitalized company. American Sugar Refining bought C&H in 2006, merging it with its other sugar operations. C&H revenues and profits continued to decline into the 21st Century as sugar prices fell and labor costs rose. Read more at https://en.wikipedia.org/wiki/California_and_Hawaiian_Sugar_Company
A bond is a document of title for a loan. Bonds are issued, not only by businesses, but also by national, state or city governments, or other public bodies, or sometimes by individuals. Bonds are a loan to the company or other body. They are normally repayable within a stated period of time. Bonds earn interest at a fixed rate, which must usually be paid by the undertaking regardless of its financial results. A bondholder is a creditor of the undertaking.
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