Stratton v. Royal Bank of Canada

HUNTER, JR., Robert, N., Judge.

Elizabeth Stratton is the sole heir, to her mother’s estate. Several years after her mother’s death, she discovered a Bank of Manteo stock certificate, which had belonged to her mother, in a closet (the “Stock Certificate”). The Bank of Manteo is a predecessor corporation to RBC Centura Banks, Inc., which is owned by the Royal Bank of Canada (“RBC”). Years after discovering the Stock Certificate, Ms. Stratton brought suit seeking declarative and compensatory relief, claiming she is the rightful owner of at least 14,486 shares of RBC common stock. The trial court…