I’d hate to have to prove what state or city I was living in 30 years ago, much less a street address. Sounds fishy.
What a strange conclusion to jump to.
I assure you that not only is my friend telling me the truth, my friend would never lie to me about the color of her lipstick.
Now, it’s more than possible that my friend has misunderstood something or miscommunicated it, or I have misunderstood something.
She’s going to bring me everything she has in writing and Im going to work on it.
Where would I look? I"m very familiar with using Lexis for legal research, and the library makes it available. But where do I look?
She says it is the company telling her she needs the proof of residence because it’s a requirement of the SEC, but she also says the company will accept her identity if it’s notarized, but the notary is who needs the proof of residence. Sounds like the notary may work for the company? Has she tried a local notary?
Just reading it precisely as written doesn’t make sense, but I assume she does need to prove where she lived. Who it’s for doesn’t really matter.
Huh? This sounds strange to me and I am a stockbroker. This type of stuff is not what the SEC gets involved in.
What the SEC does
The SEC is much more ‘big picture’ than caring about who owned what stock 30 years ago.
I’d get much more information from the friend, but this sounds like a requirement of one of those lost property companies who will help you recover escheated property. If your friend had a brokerage account that was inactive 30 years ago, it was probably turned over to the state. I’d had them visit http://www.unclaimed.org/ to see if they’re listed there and how to file a claim with their state if it is just some stock that was held at an inactive brokerage account.
The truth is information which is correct. It doesn’t matter if she is deliberately misleading you or is simply telling you something which she believes to be untrue but is not; in either case she is not telling you the truth.
LINJ is not necessarily accusing your friend of lying. He’s simply saying that what she is telling you is wrong - for whatever reason.
[quote=“dalej42, post:25, topic:529694”]
Huh? This sounds strange to me and I am a stockbroker./QUOTE]
Thank you for all that information! VERY interesting…and somewhat confusing, at least once the stock is examined.
What does “returned by PO” mean?
And on the California site, it says that if your address is changed you need to verify the reported address.
I’ve learned that my friend has 60 shares of stock still with the company or broker, not turned over to the state, but reported and they will be in a few months. Those are the 60 Series A shares. Then she has another 200 and another 13 shares that were already turned over to the state at some point int he past and still have the name of the original company on them.
How does one trace what happened in a company over a 30 year span, in terms of stocks, sales, etc? Her stocks were originally all the same company, and now they are two different ones. And it matters, because the majority are in the name of a company trading for $15, the rest are in the name of a company trading for $45.
REALLY:
I disagree with your characterization of what people understand “telling the truth” to mean. If she is mistaken, she isn’t “not telling you the truth” - that implies that she knows the truth and is offering something else. When one is reporting something they believe to be true and accurate but which is not, most people would describe that as her being mistaken, not that she is failing to tell the truth - because from her perspective, she is telling the truth as she understands it to be.
“truth” and “fact” are not used interchangeably in this type of expression.
What you need is Public Record search on the SSN. Then get a Report, which will have address going back as far as they have. However, you may need a “permissible use”. I do this several times a day.
Just use a different notary. Becoming a notary can be done pretty much by anyone who is not being chased by the law (I was one once) and as others have noted the way different notaries interpret legal ID requirements is all over the map.
Most legal and many executive secretaries are notaries, just pick one you know and get it done.
It seems to me that the whole issue is confusing.
If the issue is “are you the same Sally Smith, 123 Main St., to whom the shares were registered 30 years ago?” - that should be simple to solve. If Sally was too young and her parents rented the house, or if it was her (ex)husband - simply documenting the proven resident and the relationship between her and them should be enough. “Here’s a directory entry proving Joe Smith rented the house, and here’s my birth certificate showing he’s my father. Here’s my school records showing I went to nearby Main Street High.” I would imagine, unless it’s several million dollars, that sort of chain of documents should be proof enough.
Returned by Post Office. It means it was returned because of insufficient postage, insufficient address, because the receiving address is vacant or abandoned, for violation of postal false representation laws, the address doesn’t exist, the recipient is unknown at the receiving address, the recipient is deceased, the address does not exist, a forwarding order has expired, or because the receiving address has no postal receptacle.
Or probably a dozen other things I’ve forgotten.