JP> No, but it's the basic system all US corporations use with their
JP> shareholders. Which, come to think of it, may not be the best
JP> recomendation in the world . . .
NP> I know they allow proxy, as in fact probably does the NRA bylaws, but
NP> don't think many work exclusively or predominantly by proxy.
Actually most large corporations do. The majority of the shares
outstanding must be represented at the annual meeting. As most shareholders
do not make it, they give their proxy to those that are attending, usually
company management.
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* OFFLINE 1.56 * 400 legs and 8 teeth? The Willie Nelson fan club.
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