Subject: Attn: Jonathan Katz, file # S7-25-97
Author:  "Betsy Roberts; Metalsmith/David Meserve; Builder"
Date:    11/25/97 2:33 PM
     
     
Dear Mr Katz:
     
Please record me as a small investor, a trustee of a trust, and a 
citizen of our country, as being firmly AGAINST the new SEC rules in 
regards to procedures for placing a reslolution on a company ballot.
     
The new rules are financially punitive to the small investor who is 
nonetheless a stakeholder in the company and community .
     
Furthermore, I believe that the SEC should again realize that a 
corporate charter was originally intended as a priviledge, to let an 
enterprise be formed "for the public good", and that profit for 
shareholders was explicitly described as a secondary purpose.
     
Thank you for tabulating these responses, 
yours very truly,
Elizabeth Roberts