You are here:

Canadian Stocks/Old Canadian Stock

Advertisement


Question
I have found a stock certificate for Old Smokey Oil & Gas Limited for 500 shares purchased in 1952. Is this company still in business or has it been merged into another company? It was purchased through Newburger,Loeb and Company in New York, and registered by The Guaranty Trust Company of Canada.

Thank You

Answer
Frank, from the information I have available, the company did a massive 1 for 100 reverse stock split and became Largo Oils & Mines around 1967. That is all the information I have. Since Guaranty Trust is no more, I suggest you contact a broker and see if they can perform a search to find out what ultimately happened to the shares.  

Canadian Stocks

All Answers


Answers by Expert:


Ask Experts

Volunteer


Steven Taylor

Expertise

Canadian stocks, including growth and resource companies.

©2012 About.com, a part of The New York Times Company. All rights reserved.