Subject: File No. S7-19-03
From: Eugenia D. Fritz

October 12, 2004

From: eefritz []
Sent: Tuesday, October 12, 2004 1:14 PM
Subject: Shareholder democracy

Dear Mr. Chairman:

Please amend the rules of corporate governance so that small stockholders can gain more control over the boards of directors of corporations on the various stock exchanges. It is very frustrating to receive proxies that do nothing to give the small stockholders a say in what is going on. All one can do is to vote against the provisions that give the officers and directors of the said corporation bigger and bigger salaries and stock options.

Eugenia D. Fritz
4144 Cochran Chapel Road
Dallas, TX 75209