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PENNSYLVANIA Pennsylvania Sugar Co Stock Certificate Jack Frost Sugar Specimen

$ 25.87

Availability: 100 in stock
  • All returns accepted: Returns Accepted
  • Item must be returned within: 30 Days
  • Refund will be given as: Money Back
  • Return shipping will be paid by: Buyer
  • Restocking Fee: No
  • Condition: Diagonal fold on bottom right corner

    Description

    Voting Trust Certificate specimen.
    Vignette features William Penn.
    In 1881, in Philadelphia Fishtown section its first sugar refinery, owned by the Pennsylvania Sugar Refining Company, began operating in the area bounded by the Delaware River to the south, Laurel Street to the west, Penn Street to the north, and Shackamaxon Street to the east. The complex also included one building on the east side of Shackamaxon Street connected to the rest of the complex by an above-ground conveyor system. The National Sugar Refining Company, better known as Jack Frost, acquired Penn Sugar in 1947. Active sugar refining at the complex halted in 1984 after National Sugar sold the property.
    When the Pennsylvania Sugar Refining Company began operations at this site in early 1881, it occupied five buildings rebuilt from an earlier soap and oil works. From molasses and syrup, Penn Sugar manufactured soft and brown sugar, employing approximately 40 men in the process. Two boilers were used to refine the sugar, while a 100 h.p. engine drove 24 centrifugal machines. The original brick and frame buildings were demolished as Penn Sugar expanded and rebuilt the facilities to their near-present state in the early twentieth century. Penn Sugar appears as six brick buildings in a 1895 atlas. A 1910 atlas shows three large brick buildings and a frame wharf. In 1916, Penn Sugar employed over 300 men and women, and had an office staff of 73 people.
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