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1903 Pennsylvania Sugar Refining Company Stock Certificate #39 Jack Frost Sugar
$ 40.12
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Description
The certificate is datedSeptember 6, 1903. The company was incorporated in Pennsylvania.
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.
Nice low numbered certificate, #39.
The site is now the location of the Sugar House Casino.
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