From: DPalmer@urhcs.org
Sent: Monday, March 29, 2004 11:54 PM
To: rule-comments@sec.gov
Subject: S7-19-03


It's time to allow share holders of a company to nominate members to the Board
of Directors.  In light of all of the corporate malfeasance that we've seen in
recent years it appears that the old system has failed stock holders miserably
and it's time for a change.   Incumbent board members control the nominating
process and they re-nominate themselves or they invite their friends to
participate without regard to stock holder preferences.  Although investors can
accept or reject those candidates it only takes a few votes to retain a director
that shareholders have shown their displeasure for by voting against them in
large numbers (as evidenced the Disney debacle).   Please consider allowing a
consortium of share holders to at least nominate a director for consideration to
a seat on the board of directors and require  that nomination to appear on the
proxy that is sent to each share holder.

Thanks,

Duane Palmer.