The word cancellable (which is also but less commonly spelled cancelable) describes something, such as a contract or policy, that can be canceled—that is, that can be made no longer valid or effective.
No it is far less. They send out notices for each brokerage account for sure even if duplicate and they may have sent it for each series with the same owner.
Thanks Robert - good point regarding the 146,000 or so. Dont you think someone knows who owns what now also? It would be interesting to know what the transfer agent knows regarding the holdings of FMCC common.