Expert: Steven Taylor - 2/26/2009

Question
What is the status of the stock of the subject companies?  If they have value, who are the current transfer agents and how does one contact them?

Answer
From the information I have available, this is what I found:

Virginia became Consolidated Virginia after a 1 for 5 reverse split, but the Charter was cancelled in 1974. That means no value for shareholders.

Oka went through 2 reverse splits (a 1 for 4, then a 1 for 16) and then was acquired by Fundy Chemical on the basis of 1 Fundy share for every 3.25 old shares. Fundy was eventually wound up in 1977, and shareholders received $1.42 per Fundy share. With all of those reverse splits (1000 Oka would be less than 5 Fundy shares, for example), you might or might not have had some Fundy at the time of the winding up. If so, the cash would have gone to somewhere. If the registered holder did not receive it, it would have gone to the Government for safekeeping in their name. Even though 32 years have passed, it might still be out there. You need to check with each State or Province in which the registered holder lived from the time of the original acquisition of the Oka shares until the distribution by Fundy. You can search many of them online (search using the name exactly as it appears on the Oka certificate) from this portal site:

http://www.unclaimed.org/