Goldmine in Your Attic


Old Common Share CertificateHave you ever thought of what your Attic may be hiding from you? Chances are, you never climbed into that covered hole in your closet’s ceiling, especially if you have a fear of spiders.

Recently, one of our clients had decided to check what was in her Attic. She had inherited her house from her late mother some years ago, but overtaken by her sorrow never thought of exploring it. To her surprise, she not only found a bunch of antique household accessories and upholstery, but also some old papers which she did not know what they were. Upon a closer look, she discovered that they were old stock certificates issued in her late mother’s name. In fact, they were so old that they appeared yellow and had worn edges. She carefully summoned them and walked straight over to our office.

As result of our investigation into the company’s history and a number of corporate searches we called her in for a chat. It looked like the company which issued these old stock certificates was still active and publicly trading which meant that there was some value attached to these old papers.  Excited to hear the great news, she hired a lawyer who was able to recover a considerable sum of money from these stocks to the whole of which she was entitled as the only heir of her late mother’s.

So, if you have a fear of spiders, we suggest that you do not climb up into your Attic unless any of the following applies:

  • Your house is old.
  • You have a suspicion that there might be something in your Attic.
  • Your late relative told you that you should check your Attic out.
  • Your cat constantly looks at the covered hole in your closet’s ceiling and meows.
  • You are an opportunist and believe in happy incidents, and spiders would not stand in your way.

Call us if you have old stock certificates, and we will help you determine whether or not the company that had issued it is active or ceased to exist and when.

Who knows, perhaps your fear of spiders is preventing you from something that is worth overcoming it!

ESC Corporate Services Ltd.

Toll free number: 1.800.668.8208
Office telephone number: 416.595.7177
Fax: 416.595.1268

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