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Re: contractor10940 post# 31138

Monday, 08/06/2007 12:53:28 PM

Monday, August 06, 2007 12:53:28 PM

Post# of 44006
contractor One way is at the annual meeting candidates are submitted from the floor. It may be possible to also have these names submitted on the offical documents sent out from the company. Depending upon the articles of incorporation or incorporated state's laws one can have amendments and noninations presentated at the time the annual meeeting is called. It may also be possible to call for a special meeting. The cost to do so would be the burden of the one calling the meeting. About 25 years ago in my younger days I did challenge a small unlisted company with about 500 share holders. Under the preemptive rights of shareholders I obtained the shaerholders list and did a proxy letter. I used an attorney who cost me nearly $15,000 and my printing and mailing came to about another $500. Since I was implementing a hostial action I used an attorney to keep me away from any lawsuite in the event I didn't follow proper proceedure.
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