If you think the bank was the trustee for the company and the bank is still in business you can contact them for the value of the stock.
If you did or do own the stock, the company should have been sending correspondence to you, if you have received nothing this would mean the company does not know you, or can not contact you. If you have received nothing from the company you ownership has been escheated to the state you lived in when the stock was purchased then you would have to contact the department of unclaimed property for the state.
Once again, holding stock certificates does not mean you have any ownership in the company especially if you have not received any communications from them
You write very well for a 93 year oild person
Unless the certificates are registered in you name, the stock has no value to you. The fact that you hold certificates does not mean that they have any monetary value for you. The registered owner of the stock is entitled to all the benefits (if any) that remains in the ownership of the company. Holding certificates does not entitle you to any benefits.
On the front of the certifiate is the name of the transfer agent, you will have to contact them. If the transfer agent does not exist, you can call the company for the name & address of the agent. Companies that are traded, must send information to the share holders annually. Since you have not been receiving any information, it appears either you are not the owner of the company or the company has not be able to contact you and your ownership has been escheated to the state in which the registered owner once lived.
The stock was purchased in February 1921 from a company who was trying to raise $20,000.00 My purchase was 10 shares of stock with a value of $10.00
The company made the similar to a Loan to the share holders rather than go to a bank and agreed to put this into a trust at a local bank after the purchase. For every $100.00 each shareholder would receive a credit of $110.00, thus giving them a 10 % cash compensation; in addition, it is provided that we would be paid at the same time 25% of your $100.00 in Common Stock this would of course will apply to any number of $100.00 units to which we subscribe. At the present time February, 2014 What would the worth of this stock be ?
I do realize the Same stock is old, and that there was a Stock Market Crash. and many people went bottom up. But the Bank still exists and was the TRUST for this Stock. What would be the worth of the Stock. I still have the Stock Certificate in my Safety Deposit Box. with others just as old. The Stock is 93 years old at this present time
