Canadian Stocks/A.C MacPherson & Co.Inc
Expert: Steven Taylor - 3/18/2011
QuestionMy wife found an old statement of account from A.C. MacPherson & Co.Inc for stock in Heartland Resources Inc. There was no certificate issued and no number for one on the statement. It just states that the certificate was being held by them. When MacPherson was shut down would the certificates be held in trust somewhere?
AnswerMichael, from the information I have available, Heartland changed its name to Ryland, which was acquired in 2010 by Crescent Point Energy on the basis of 0.0117 of a Crescent Point share for each Ryland share. Crescent Point trades on the TSX for about $46 a share. You will need to contact the current transfer agent, Olympia Trust (www.olympiatrust.com) and see if they list you as a shareholder. If so, they should be able to issue you a new certificate without ever having to track down the old one from MacPherson.