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<blockquote data-quote="water302" data-source="post: 54645"><p><strong>True Story!!! </strong></p><p> <strong></strong></p><p><strong></strong>My Grandfather and his brother (I'll call my Uncle) both went to work for UPS at Newark, NJ in 1936. My Grandfather worked his way up to management on the night shift loading trucks, my Uncle was a driver until he retired after 45 years of safe driving. </p><p> </p><p>Anyway, around 1952 UPS sold stock "Brown Shares" to employees on a one time basis. My Grandfather bought 150 shares and my Uncle bought 150 shares plus 75 from a friend who wanted to sell them. So, they wound up with my Grandfather having 150 shares and my Uncle having 225 shares. They both signed waivers to apply all dividends to additional stock and put the stock certificates away. They continued to work for UPS and lived middle class lives never mentioning the stock. In fact I really think they forgot about it. </p><p> </p><p>Anyway, here it is 53 years later. Both my Grandfather and my Uncle have passed away and we found out about the stock. The stock has been divided through inheritance to my entire family and as close as I can tell, because of splits and dividend assignment the total value of that investment (375 shares) is in excess of $19,000,000.00. </p><p> </p><p>My Mother is in poor health with Altzheimer's Disease and because of UPS we are able to have her spend her time comfortably in a nursing home. This would not have been possible had my Grandfather and Uncle not made that investment. </p><p> </p><p>UPS has impacted my life and that of my family in a way no one will ever know. I salute all you USPers. I am sorry to say I have never worked for UPS but I wish I had. </p><p> </p><p>P.S. I am 59 years old and because of UPS I will be able to retire next year when I turn 60. Thanks Again!!!</p></blockquote><p></p>
[QUOTE="water302, post: 54645"] [b]True Story!!! [/b]My Grandfather and his brother (I'll call my Uncle) both went to work for UPS at Newark, NJ in 1936. My Grandfather worked his way up to management on the night shift loading trucks, my Uncle was a driver until he retired after 45 years of safe driving. Anyway, around 1952 UPS sold stock "Brown Shares" to employees on a one time basis. My Grandfather bought 150 shares and my Uncle bought 150 shares plus 75 from a friend who wanted to sell them. So, they wound up with my Grandfather having 150 shares and my Uncle having 225 shares. They both signed waivers to apply all dividends to additional stock and put the stock certificates away. They continued to work for UPS and lived middle class lives never mentioning the stock. In fact I really think they forgot about it. Anyway, here it is 53 years later. Both my Grandfather and my Uncle have passed away and we found out about the stock. The stock has been divided through inheritance to my entire family and as close as I can tell, because of splits and dividend assignment the total value of that investment (375 shares) is in excess of $19,000,000.00. My Mother is in poor health with Altzheimer's Disease and because of UPS we are able to have her spend her time comfortably in a nursing home. This would not have been possible had my Grandfather and Uncle not made that investment. UPS has impacted my life and that of my family in a way no one will ever know. I salute all you USPers. I am sorry to say I have never worked for UPS but I wish I had. P.S. I am 59 years old and because of UPS I will be able to retire next year when I turn 60. Thanks Again!!! [/QUOTE]
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