- Dec 18, 2010
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http://money.msn.com/top-stocks/post.aspx?post=f76f513b-05ff-429a-b9d9-fa9decd4b634&_nwpt=1
What bothers me about the article, the judge warned the family from trying to cash in on the stock. Isn't that the whole point of buying stock? You get the stock, keep it, cash in later. So why would the judge has an issue with a company having to pay a stock holder?
Man finds old stock certificate at estate sale. Certificate worth hundreds of millions of dollars. Man's family suddenly rich.
That's the story that Tony Marohn's family is sticking with -- and it wants Coca-Cola (KO -0.62%) to pay up. Marohn bought an antique Palmer Union Oil Co. stock certificate in 2008 for $5, and his family now says the certificate is worth $130 million in Coca-Cola shares.
What bothers me about the article, the judge warned the family from trying to cash in on the stock. Isn't that the whole point of buying stock? You get the stock, keep it, cash in later. So why would the judge has an issue with a company having to pay a stock holder?
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