Claiming Auctioned Stock Certificate

Summary

To claim ownership of a stock certificate won at a storage auction in North Carolina, you need to transfer the stocks in your name through a brokerage firm or transfer agent. The certificate must be transferred officially through the corporations records, and you may need the cooperation of the original owner. For auctioned items like phones and laptops, they are generally considered the property of the winning bidder, but personal data on these devices may be protected under privacy laws. Companies may assist in unlocking devices if you provide proof of ownership, but some may require the previous owners consent. Always respect privacy and data protection laws.

Full Conversation

I recently won a storage unit at auction containing a certificate of stock for * shares in bank of North carolina. Is it legally mine? If so how would i go about cashing it in, or checking value of it if the bank is no longer under the name?
Hello ****,
To claim ownership of the stocks:
*. You may need to transfer the stocks in your name with a brokerage firm.
*. You will need to contact the transfer agent, who can help with the ownership transfer.
To find the bank's current status:
*. Search it on the Financial Industry Regulatory Authority's (FINRA) BrokerCheck.
Please note these are general guidelines, laws may vary based on location.
On the certificate it says verbatim.
Hello ****, I see. Could you please provide more information about what exactly is written on the certificate? That will help me to give you more tailored advice.
This certifies that mark j wilson is the owner of forty one fully paid shared of the common stock
Hello ****,
To claim the stocks, you'll need to:
*. Contact a transfer agent or brokerage firm to initiate a transfer of ownership.
*. Provide evidence of the purchase, like an auction receipt.
*. May require Mark J. Wilson's cooperation.
Laws may vary based on your location.
Below that it says transferable only on the books of corperation by the holder here of in person ir by attorney upon surrender if thi certifucate
Hello ****, thank you for the information. This condition means the stocks can only be transferred officially through the corporation's records. Could you please tell me your location so I can provide location-specific advice?
Asheville nc
Hello ****, in North Carolina:
*. Stocks can be transferred through the corporation's books
*. You'll need the cooperation of the original owner or their attorney
*. You may also consult a local attorney for legal assistance in this matter.
Ok thank so much for your help..
You're welcome, ****. If you have any more questions in the future, don't hesitate to reach out. Good luck with your stock certificate situation!
I actually do have another question pertaining to items in an auctioned storage unit, and ownership of the items. For instance phones and laptops.
Hello ****, in general terms:
*. Items bought in a storage auction are usually considered the property of the winning bidder.
*. However, personal data on devices like phones and laptops may be protected under privacy laws.
*. It's best to erase all data from these devices to avoid legal issues.
Please consult local laws in Asheville, NC for specifics.
Would I be able to call the company and get them unlocked as they are now mine? Or would the company see the items in a different manner and possibly lock them completly?
Hello ****, in general:
*. Companies may assist in unlocking devices if you provide proof of ownership.
*. Some companies might refuse to unlock without previous owner's consent due to privacy reasons.
*. It's best to contact the company and ask their specific policy.
*. Always respect privacy and data protection laws.
I have at least * at this point.. locked electronics. I hate to think i have to stay on hold * times.
Understandable, ****. You might consider seeking professional assistance to unlock these devices, or sell them as locked. Please remember to respect the previous owner's privacy and data protection laws.
Absolutely would do so. As i believe karma is a thing. Which is why i have * of them. Thank you again
You're welcome, ****. If you have any more questions or need further legal information in the future, please feel free to ask. Good luck with everything!
Ty
You're welcome, ****. Don't hesitate to reach out if you have any more questions in the future. Good luck with your endeavors!