Canadian Stocks/Old Gold Mine Shares
Hannah wrote at 2015-09-02 18:25:32
I found two of the same stock certificates from Wayside Consolidated Gold Mines Ltd. in my grandmother's things, passed down from her father. He bought them in August of 1933. My grandmother had contacted a Valuation Specialists Company that investigated the stocks and told her the following in a letter:
"This company was incorporated in British Columbia and had offices at Vancouver, B.C. According to our records, the company is no longer in existence, having been dissolved in 1943. There was no equity remaining for stockholders. In our opinion, no value attaches to this holding."
The letter is from R.M. Smythe & Co, Inc. in New York NY, dated August 20, 1979.