for no apparent reason I received a Met Life 1099 statement saying that I am now the proud owner of 25 shares at $39.70 or close to $1000 worth of shares. Now some weeks later up to $1022.50. When this first arrived in the mail I was like uuuuhhhh huh? When? How? I never bought any stock from Met LIfe. I never had an insurance policy from them.
I called the number and the tried to explain what happened. Apparently in 1994 when I was a lowly pastor in the NW territories . . .living off NOTHING but the kind support of loved ones, Cheryl and I busted out and paid for my very own Life Insurance policy with New England Life. Then in 1999 when I moved to Dallas to take a wonderfully fullfiling roll at a non profit here, I had a Life Insurance policy there so I let the New England Life policy lapse. No need anymore. In 1996 it turns out Met LIfe bought out new England Life and "as a result of the merger some policies were eligible to receive stock dividends". OKAAAYY.
This makes no sense to me at all. But you know what. I am broke and my bronco needs to be fixed. So I am cashing those damn shares, smiling to God in heaven and running to Duncanville before that guy puts glue in my transmission or something.
viva la mergers!