When I was a little girl, I was given five shares of Stardard Oil (Indiana)

[Mind_your_head]

stock to 'do with' as I willed.

[MrSlayer]

1. And?

What happened?

[Mind_your_head]

3. It's still an open story......

I don't know how it all 'ends'.....

[MrSlayer]

7. What a tease.

The story goes nowhere. In fact it's not even really a story. What a gyp.

[SheilaT]

2. So what is it worth now?

In 1965 my now ex told his parents he wanted ten shares of IBM. They gave him five shares. In 1980 those five shares had become 160 shares. Not long after, the ex sold those shares, so I have no idea how many or what they'd be worth now.

But those are always interesting stories, and generally show the enormous value of compounding.

[Skink]

4. She traded them for Arbusto energy.

Knowing that one day Bush would be president.

[gblady]

6. oh, yeah...

my ex bought a bunch of Microsoft in mid 80's

and freaked out at a slight downturn...
sold all...

I told him to hang on...he wouldn't listen.
sigh!

[Mind_your_head]

5. Promises/expectations broken n/t

[Just-plain-Kathy]

8. When my father In-law passed away, my husband found a stock certificate...

for 275 shares of Meadow Group stock. I can't find info on it's worth. My husband think the stock is worthless.

[SheilaT]

11. There are ways to trace

old stocks. I don't know anything about it, although you could try doing an internet search. A research librarian would also be someone who could point you to places or people who do those searches. Don't throw away the certificate until you can establish exactly what happened to that company. Every so often you hear stories of people with a stock certificate like that of some nowadays totally unknown company that turns out to have been a precursor to something that's still in business. So research this very carefully. And yes, the odds are high that it is worthless, but you never know.

[Just-plain-Kathy]

12. Thank you Sheila, it was very nice of you to respond. :) ...n/t

[MazeRat7]

15. Found Meadow Group Inc, MDOW in the OTC "Pink Sheets"

Doesn't look like it's been actively traded in years. The last price was $.001/share. I'm not sure if this is the same Meadow Group you are referring to but thought I would check since I was logged into my trading account when I read your post.

Peace,
MZr7

[Just-plain-Kathy]

19. Thank you MZr7. I guess we can't help send my kids to college on our stocks finding. Thanks again :)

[M0rpheus]

16. A quick search took me here...

http://www.oldstockexchange.com/companylistm.htm
Old Stock Exchange TM
We Buy and Sell Collectible Stock and Bond Certificates
and
Research Company's Stock Certificates


Meadow Group is listed there.

A little more digging says that it was a penny stock back in the 90's when this case was filed.
http://www.sec.gov/litigation/opinions/3441034.htm

Enjoy!
:hi:

[Just-plain-Kathy]

21. Welcome to DU MOrpheus, You'll fit in great here with some of the nicest helpful people.

Knowing now that my father In-law dabbled in penny stock, makes me feel a lot better about another stock certificate I found and then lost while clearing out his home. :)

[M0rpheus]

22. I've been here forever...

I'm a Perpetual lurker, I just don't say much.
Glad my search-fu was helpful.
:hi:

[Historic NY]

9. A shiny "dime" from John D. might have been worth more.

[Vinca]

10. Speaking of Indiana and oil, I saw something on the tube the other night

about a guy who lives on top of former Indiana oil fields. He got so frustrated with the cost of energy, he decided to start digging. Amazingly, like the Clampetts, he hit oil. He invested $100,000 in equipment to get it out of the ground and now gets about 4 barrels a day out of his well. He also gets natural gas to heat his home and some of his neighbors. If I lived anywhere near this area, I'd start digging, too.

[proud2BlibKansan]

13. I know a gal whose dad is a farmer who discovered natural gas under his land

He now farms for fun and counts his gas money in his spare time :)

[Dukkha]

14. I'll ask John what it's worth next time I'm in Lake View cemetery

I took this pic of his obelisk last time I was there

[Blue Diadem]

17. Thats BP now isn't it?

There are several refineries around here and if I recall correctly, Standard Oil was one that was bought out and eventually became BP.

[Mind_your_head]

18. Yep.....that is correct. n/t

[Horse with no Name]

20. My Great-Aunt bought 10,000 shares of Del Webb stock when

they were penny stocks....