Expert: Steven Taylor - 6/11/2009

Question
Aunt has 200 shares issued 7/1959 and 900 from 6/1959.  Purchased from Canada Trust Com and Anglo-Northern Securities, both in Toronto.  Any chance there is any value and if so - how do I help her further?  Thanks very much.

Answer
Unfortunately, from the information I have available, it appears the shares have no current value. Kelkirk had its charter cancelled in 1971. That occurs when a company fails to file its required regulatory documents (and pay its incorporation fees) for several years in a row, which is usually because the company is out of business.