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Q: STOCKS RESEARCH ( Answered 5 out of 5 stars,   1 Comment )
Category: Business and Money
Asked by: edsamson-ga
List Price: $50.00
Posted: 20 Jun 2003 08:22 PDT
Expires: 20 Jul 2003 08:22 PDT
Question ID: 219637
What hapenned to a company by the name of
I bought stocks of this company back in 1987.
What is the value today ?
Where do they trade ?

Request for Question Clarification by pafalafa-ga on 20 Jun 2003 09:21 PDT
Are you absolutely sure of the name?

Might it be the California Southway Development Corp?

Clarification of Question by edsamson-ga on 20 Jun 2003 23:54 PDT
The name of the company, as shown on the stock certificate is;
Thank you

Request for Question Clarification by reeteshv-ga on 21 Jun 2003 03:30 PDT
Is the address provided on the stock certificate as follows?


Clarification of Question by edsamson-ga on 21 Jun 2003 05:02 PDT
Certificate does not show company's address, but it shows
They were the Transfer agent and Registrar for CALIFORNIA &
SOUTHERN DEVELOPMENT CORP. INC., they cannot be reached by 
telephone in the Bahamas, I presume that they no longer exist.

Request for Question Clarification by pafalafa-ga on 21 Jun 2003 10:59 PDT

So far, I haven't uncovered any information on your company.  I will
continue looking, but also wanted to ask you a question.

Have you tried any of the commercial services out there that research
old stock certificates like yours?  There are several that have good
reputations.  The feeds tend to run in the $40-80 range per search. 
Several of the services have a policy that there is no charge to you
unless they actually find the information on the company.

In the event that the researchers here do not uncover any information
post information about these search services as an answer to your

Clarification of Question by edsamson-ga on 21 Jun 2003 12:41 PDT
Since I am located in Europe, I thought that the
easiest and fastest way would be to go through
this Google system, I have indeed contacted a few
stock brockers in Europe and in New York, this was
several month result.
Any usefull information is welcome, and of course
I accept the extra fees, for as long as they stay
within acceptable limits, i.e. 40 to 80 $.
Than you.
Answered By: pafalafa-ga on 21 Jun 2003 15:44 PDT
Rated:5 out of 5 stars
Hello again Edsamson-ga,

Thanks for clarifying what you needed.  I have some good news...I did
turn up some info on your company, and a number of contacts that can
help you find even more.

I've listed below several companies that specialize in the exact
service you need -- tracing the fate of stock certificates for
companies that are no longer listed.  Where available, I've also
included information on pricing, refund policies, and so on.

I hope this is the information you need.  If anything requires
elaboration, just post a Request for Clarification and let me
know...I'll be happy to assist you in any way I can.

And good luck...may your certificates be worth millions! 



This first company may be the best place to start, as they have your
company listed in their database.

Stock Search International 
4761 West Waterbuck Drive 
Tucson, Arizona 85742 USA 
Phone (520) 579-5635 
Fax (520) 579-5639 
U.S. Tollfree: (800) 537-4523 

They describe themselves this way:

Stock Search International is recognized as the authority when it
comes to finding value in stocks and bonds no longer trading on
current markets. We believe we offer the most thorough research
service in this field, as we track down 97% of all the companies we

They charge $40.00 to access reports in an on-line database, and
$85.00 to initiate manual research on a company.

The on-line database option may be a good starting point for you, as
they do list your company in their records:

[NOTE:  Their database is pretty picky as to how a name appears. 
Enter the company name exactly as I've written it here:  california &
southern development  ]

Preview prepared on June 21, 2003 
First paragraph of complete report: 

This company was organized under the laws of the Commonwealth of the
Bahamas in 1984. Its head office was located at Nassau, Bahamas.
William A.
Rogers served as president...

[to see the rest, you have to buy the full report]


Old Company Research offers a similar service at their site:

OUR SERVICE For a $39.95 fee per company , we will serve as your Old
Stock Detective SM and will provide you with a brief profile of
companies whose original identities have been lost due to a change in
name, merger, acquisition, dissolution, reorganization, bankruptcy or
charter cancellation.  If it is determined the certificates have no
investment value, we may be interested in buying the certificate as a
collectible.  Simply, send us a fax of the certificate to

If we do not find any information regarding the company being
researched, you are not charged for our service or time.  In fact, we
don't even charge you until our research is completed. If you are
interested in using our service, click here to go to our secure server
for ordering instructions to pay by credit card or check or you can
print out our Fax and Mail Order Form by Clicking Here.

If you have any questions, please call our toll free number at
1-888-STOCKS6 or dial direct to 703-579-4209.


So does Old Stock Research:

Today there are billions of dollars in the US and Canada being held in
special accounts waiting to be claimed by turning in these old stock
certificates and old bonds.  Does your old, uncancelled stocks or old
bonds still have a cash value?  Let me find out for you!  My stock
research company has been researching old company histories for 22
years!  My report will provide you with detailed information on the
current status of your old stock companies including any business name
changes, mergers, acquisitions, stock splits, reorganizations,
bankruptcies or liquidations.

95% SUCCESS RATE - that's a track record I'm proud of.  I get the
results on company research 95% of the time.  Occasionally I come up
empty handed after exhausting all avenues of research.  If that
happens, my research service is FREE to you and you will receive a
FULL REFUND despite my costs and research time.

LOW RESEARCH FEE - my research fee is just $35 to $45 per company when
others are charging $55 to $100 per company.  My fee is lower because
my office is in my home and I personally conduct the research on your
certificates.  You could pay more for the same service, but why?  And
here's a special offer - if you can find a research service that
offers the same services for a lower price, you just tell me and I'll
match it!  With these six reasons, you can't ask for a better
agreement between us, can you?


A company called Paperchase International can also research the value
of an old stock certificate for you.  You may contact them via this
link, or by phone at (514) 482-3609:

They charge $50 per company search and their site says:  "If we cannot
trace your company and thus are unable to assess the value of your
stock, bond and mutual fund certificates; we will offer a full refund
of the stock search fee."

Request for Answer Clarification by edsamson-ga on 22 Jun 2003 12:45 PDT
Thank you for all this info.
This should give me all I wanted, and who knows
make me a millionair, as you said.
Will let you know within a few days how these
stocks are doing.

Thank you

Clarification of Answer by pafalafa-ga on 22 Jun 2003 15:12 PDT
It's a rare thing to have a customer call an answer "beautiful".  

Thanks.  And here's hoping for the best.


Clarification of Answer by pafalafa-ga on 03 Jul 2003 19:55 PDT
Edsamson-ga,'s it going?  

I'm very curious to know how your stock-hunting activities have turned
out.  If you have the time to bring me up to date, I'd really
appreciate it.

Here's hoping for good news...!


Request for Answer Clarification by edsamson-ga on 07 Jul 2003 07:31 PDT
In Memoriam..... Company went bust, although....

The former president is now enjoying playing golf tournaments in the
I think that he IS NOT a gentlemen, since I was among the fools who
invested money in his "Company", and lost it all, I feel that he could
have at least invited me in the Bahamas, to play golf with him.
You know when stocks dive people also say that they "went south" i.e.
that's why the name of the company was California SOUTHERN.
Maybe I should start a company by the name of California NORTHERN,

Clarification of Answer by pafalafa-ga on 07 Jul 2003 08:05 PDT
Ahhh...c'est la vie.

Sorry to hear you're not a gazillionaire, but at least you now know
where you stand.

Hope we'll see you back at Google Answers one of these days.  

All the best,

edsamson-ga rated this answer:5 out of 5 stars and gave an additional tip of: $50.00
A 5 star rating for the info, although I lost my investment in a
ghost company. I feel that the info has sharpened my wisdom for any
future investment.

From: pafalafa-ga on 07 Jul 2003 08:54 PDT
Wow...thanks so much for the generous rating and the tip.  Both are
much appreciated.  Best of luck in your future investing.


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