Expert: Steven Taylor - 11/8/2009

Question
Hello- My father passed away in August, and I just found a small stock certificate in some of his papers.  He lived in a small village called Port Stanley.  It operates a train station which provides scenic rides for visitors and villagers.  The certificate is for 25 common shares of PORT STANLEY TERMINAL RAIL INCORPORATED.  It is numbered 129 and reads at the top " INCORPORATED UNDER THE LAW OF THE PROVINCE OF ONTARIO".  It is dated September 22, 1986.  I was able to find out that the railway is owned by Ontario Southland.  I also read something that said the railway was owned by it's shareholders.  That's all I know.  It's probably not worth anything, but it's interesting anyway.  Thank you for your answer.  CINDY

Answer
Unfortunately, I have no information on this company, probably because it is too small and obscure. My guess is that the railroad may have done a private offering to raise funds by selling shares to a very limited number of buyers. I suggest you should try contacting the railroad itself to ask about the certificate. You could also contact Ontario as the Province of Incorporation to see what information they have available as well.