Expert: Steven Taylor - 10/21/2010

Question
I have a certificate by Guaranty Trust for 100 shares of Quebec copper corporation and an other of 15 shares of Sullico mines emitted in 1961 and bought by my husband
Are they worth anything

Answer
Nicole, from the information I have available, Quebec Copper and Sullico are the same company. Quebec Copper did a reverse split and changed its name to Sullico. Later, Sullico became Sullivan Mining, then Sullivan Mines, which was acquired by Cambior in 1987 for $7.50 per share cash.

If your husband did not receive the cash at the time of the acquisition, then the funds would have been turned over to the government as missing property for safekeeping. Even though it has been 23 years, the money may still be available. What you can do is search in every state or province in which your husband was resident from the time he original acquired the shares until the takeover. You can search many of them online for free at www.missingmoney.com and www.naupa.org (check them both, as they have different participating governments). Search using the name exactly as it appears on the certitificate(s), even if it is misspelled or abbreviated.