Expert: Steven Taylor - 4/29/2011

Question
I have a certificate for 500 of these shares bought on July 14th.1980 and am wondering what the value of these are this year and how to go about selling same.

Answer
Alex, from the information I have available, the company went through numerous name changes and eventually became Anchor Lamina. Anchor was acquired in 1997 for $8 cash per share.

Assuming the shares are in your name, if you did not receive the cash at the time of acquisition, it would have been turned over to the government for safekeeping for you until you could claim it, or the time for holding the lost property has expired. You will need to contact the missing property department of every State or Province you lived in from the date the certificate was first issued to you until the buyout. You can search many of them online for free at www.missingmoney.com and www.naupa.org. Check both, as they have different participants.