Hello.
I'm afraid that I have bad news.
Airlift International was de-listed from the American Stock Exchange
in 1971. The company went into bankruptcy in 1981. In 1983, the
bankruptcy trustee announced that neither preferred nor common
stockholders would receive anything. As such, your stock certificate
is worthless.
sources:
"Airlift Stock Is Delisted", The New York Times, Jun 25, 1971, page 45.
http://pqasb.pqarchiver.com/nytimes/results.html?st=advanced&QryTxt=%22airlift+international%22&x=27&y=12&By=&Title=&datetype=6&frommonth=06&fromday=25&fromyear=1971&tomonth=06&today=25&toyear=1971&restrict=articles&sortby=REVERSE_CHRON
From the Boston Globe:
" Q. Can you tell me what happened to Airlift International Inc.? If
it is out of business, I would like to take this off my 1984 income
tax.
- M.B., Winchendon
A. In 1981 the Miami company filed for Chapter 11 bankruptcy.
According to a Standard & Poor's report, the trustee told the court on
March 1, 1983, that neither preferred nor common stockholders would
receive anything, and, in fact, unsecured creditors also were out of
luck."
source: Boston Globe, Dec 30, 1984., SPREAD THE MONEY AROUND IN FDIC BANKS
, by BEATSON WALLACE pg. 46
http://nl.newsbank.com/nl-search/we/Archives?p_product=BG&p_theme=bg&p_action=search&p_maxdocs=200&p_text_search-0=%22airlift%20AND%20international%22%20AND%20bankruptcy%20AND%20trustee&s_dispstring=%22airlift%20international%22%20AND%20bankruptcy%20AND%20trustee&p_perpage=10&p_sort=YMD_date:D&xcal_useweights=no
--------
search strategy:
I searched for "airlift international" in a newspaper database
available through my local public library.
Again, I'm sorry to be the bearer of bad news, but I hope that you
find this information useful. |