Robert D. Fisher Manual of Valuable and Worthless Securities, Volume 15 - Last Fisher Manual

Hard to find unused original book of the Robert D. Fisher Manual of Valuable and Worthless Securities, Volume 15 issued in 1983. 668 pages.

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The following is from the manual:

Volume 15 of the Fisher Manuals of Valuable & Worthless Securities. This continues the work that was originally started in 1926 by Marvin Scudder, who followed in the footsteps of Roland M. Smythe's ( R.M. Smythe) classic 1904 and 1911 Obsolete American Corporations volumes.

As usual, this volume is arranged in straight alphabetical order. First, there are the Delaware lists from 1975 through 1982. There is also new research work from 1975 onward. Then, there are updates on a number of foreign dollar bond issues, as well as issues denominated in other currencies, contained in the alphabetical sequence. We are grateful for the Chinese Hukuang Loan entry to Professor H. Park Beck of the City University of New York and to Mr. W. Kuhlmann, writer and publisher of "China's Foreign Debt" (1983), in which Dr. Beck's article first appeared. The entries for all of the other foreign bonds were written by Lawrence Weinbaum, of Georgetown University, a member of our staff.

Of great value to the researcher, and included here for the first time, are the names of many defunct New York State corporations which were removed from the state's records pursuant to a Special Act of rhe Legislature of 1922. The date of worthlessness for all of these is April 2, 1924.

This book does not supercede any previous volume, and it stands completely on its own for research and reference purposes. We have prepared a summary of the ways to use the entire scries for the benefit of researchers.

The information is arranged in the familiar manner, with the name of the corporation first, followed by the state of incorporation, and then a date. The date is the year that the stock became worthless for tax purposes. In certain cases, there are two dates—the first is included with the state of incorporation and indicates the year in which the corporation began. This technique is used to distinguish corporations with the same or similar names in the same state but existing at different times. Please check the date on the certificate to be sure that you have gotten the information you need. All of the securities with numerical titles can be found in a separate list in the back of the book. The foreign bonds are listed by the names of their countries.

Volume XV(1983) Continuing the updating, this volume contains the very important New York list of corporations from the Special Act of 1922 removing all old and defunct corporations from the records, as well as Delaware lists from 1975-1982. Updates on foreign bonds are included in the alphabetical sequence.

Since the publication of the last volume in the series, a new development has occurred in the field of obsolete securities. Beginning with interest in Europe and then England and the United States, collectors have become interested in old stock and bond certificates as collectors items, and not because they may have an underlying financial value. Some of these old certificates are interesting because of the beautiful vignettes which appear on them. Others have excellent historical associations. There are others which may have autographs of famous people of earlier days. The development of this collecting area has an implication for all obsolete securities research, since there is now a new way to find value in an old security. Other factors which have a bearing on value are condition, and rarity.

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