Negative and photo holder

A folder for holding objects therein having two independently expandable pockets. A bottom end adjoins front and back panels along their respective bottom edges. A divider panel is disposed within the folder between the front and back panels separating the folder into two pockets. Each pocket includes a pair of expandable side panels permitting expansion of each pocket independent of the other. The bottom end is expandable between the front and back panels equal to the total combined expansion of the expandable sides of the two pockets. An open bottom corner is disposed between the bottom end and the expandable sides on each edge of the folder. The open comers permit free expansion of the expandable sides without interference from the bottom end. The bottom edge of the divider panel extends downward less than the front and back panels so that it does not interfere with full expansion of the bottom end.