Instructions for Transfer of a Stock Certificate
Donors who wish to transfer stock that is held in certificate form should
use the following procedure:
- Obtain a stock power from your broker, bank officer or the College.
- Sign the stock power exactly the same as your name appears on the
stock certificate, and have the broker or bank officer guarantee your
signature. This must be a "medallion signature guarantee." (A notarized
signature does not qualify.)
- Mail the stock power in a separate envelope to the above address.
- Put the unsigned stock certificate with a letter designating the
purpose of the gift in one envelope and mail to:
Development Office
Gault Alumni Center
The College of Wooster
1012 Beall Avenue
Wooster OH 44691-2363
You may wish to send the certificate(s) via registered mail.
Note: Only one stock power form is required for transferring
multiple stock certificates of the same company.
When the College receives the stock certificate(s) and the stock power, we
will call the donor to advise that his or her gift is in hand. A receipt, indicating
the exact dollar amount of the gift, will be sent in a few days.
For security reasons, we suggest that a stock power form be used to assign
ownership and that the stock certificate(s) and the stock power be mailed in
separate envelopes.
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