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Empresa del Ferro-Carril de Guantánamo

24247

Acción $100 No. 6355, Empresa del Ferro-Carril de Guantánamo, Dr. Manuel Tenorio y Piñeyro, Santiago de Cuba, 1 Jan. 1882. Capital $1M, CANCELADO. Rare colonial Cuban railway.

€160.00
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The Empresa del Ferro-Carril de Guantánamo was one of the first railway companies of eastern Cuba, operating in the province of Guantánamo, on the southeastern coast of the island. This acción of $100, numbered 6355, was issued on 1 January 1882 in the name of Dr. Manuel Tenorio y Piñeyro, likely a figure of the Creole bourgeoisie of Santiago de Cuba. The company had a capital of $1,000,000, considerable for the time and the region. The document bears the mention CANCELADO (cancelled), indicating that the share had been bought back or converted. Cuba was developing its railway network under Spanish colonization to facilitate the transport of sugarcane between plantations and export ports. The Guantánamo railway served a region particularly rich in agricultural and mining production.

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