Obverse
Denomination
Reverse
"Franklin Baker Co. Employees and Laborers Cooperative Association" "Gem Coconut"
Note
The company was founded in in Philadelphia, Pennsylvania, when Franklin Baker, a flour miller, saw the potential of desiccated (pre-processed) coconuts in the U.S. market. Looking for a primary source of coconuts, he came to the Philippines. In , he and his son, Franklin Baker Jr., put up plant facilities in Santa Mesa, Manila. In , General Foods Corporation acquired the company.