Monday, August 28, 2006

AP Wire | 08/28/2006 | Long-unclaimed stock a windfall for Indiana businesswoman

AP Wire | 08/28/2006 | Long-unclaimed stock a windfall for Indiana businesswoman:
"A woman who invested in a wig-making company during the 1960s but believed it had gone out of business recently learned she was wrong - and that her $800 investment had grown far larger.

Carol Lee Woods received a check last week for $116,429 from Indiana Attorney General Steve Carter, whose office's Unclaimed Property Division received the stock because Woods' shares had no activity for at least five years.

'I was absolutely amazed. It's better than winning the lottery,' said Woods, whose name was listed on the unclaimed-property database kept by Carter's office."

No comments:

Sale of 26 Marsh stores approved by bankruptcy court, remaining 18 stores to close

From Fox59 On Tuesday, FOX59 learned two companies won the bidding war: Topvalco and Generative Growth II. Topvalco is a Kroger subsidiary...