Out to 30,000 banks, trust companies and brokers this week went a special SEC report on a hunt for a "pot of gold." In the pot, said SEC Chairman Donald Cook, is about $25 million. It is made up of stock in 200 corporations now being reorganized. Unless the stock is turned in on new stock, said SEC, holders will lose their investment.
Many stockholders, said Cook, do not know that old stock in reorganized companies must be turned in. Since the unorganized companies have often been in long receivership, their address lists of stockholders are usually out of date....
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