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Subject:  Re: Taking possession of stocks Date:  11/20/2000  12:18 PM
Author:  snailgate Number:  26243 of 78168

The usual answer is "it all depends. . ." I have never been able to figure out any benefit to me if the broker should hold the certificates.

Do you have a personal business manager who pays all your bills each month? If you pay your own bills, then why shouldn't you hold your own assets as well?

The fees will vary. On-line brokers usually charge heavily to send the certificates. This service means they actually have to do something beyond pushing buttons on a computer. Full-service Brokers should charge very little.

Whether the dividend checks go to you or your broker account are simply a matter of your preference relayed to the stock-holders service office of the corporation. There should be no fee for this.

There is a problem of security and availability which ever way you do it. Brokers can misfile papers and you can forget to get the certificates to the