October 30, 2008
State coal operator gets surprise $965,000 check
Advertiser
BECKLEY, W.Va. -- West Virginia's largest-ever unclaimed property check will benefit a Raleigh County coal operator.
Beckley Attorney Bill Wooton accepted the $965,000 check to Direct Coal Sales on Wednesday.
The money was a refund due Direct Coal pursuant to a contract with Appalachian Power.
Assistant state Treasurer Paul Hill says the check was the largest ever issued under the West Virginia Uniform Unclaimed Property Act.
Since 1997, the Unclaimed Property Division has returned about $60 million to rightful owners and collected more than $92 million from businesses.
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