The Stockholders'
Meeting
By The Courier
Staff
August, 1975
On August 3rd, the stockholders' meeting was
held. One of
the points that was discussed was the
problem of the
income from memberships going down.
Two solutions were brought up: 1) Lowering the price of membership and
2) Having half-season memberships.
Both were turned
down. The first was, because it was
thought that the number of new members wouldn't be enough to counter
the amount
of money that would be lost in the lowering of the price. The second
was turned down
because it
was thought that many people that are now buying full season
memberships would
switch to half a season. It was decided that the number of memberships
may have
gone down because of the rain in July, so it was resolved not to change
the
membership system for next year.
Another point
that was discussed was whether or not
a shareholder could vote for another shareholder to whom he was
related. It was
decided that he had to have written
consent from
the other shareholder.
The board of directors was elected at the nesting.
All of last year's directors were re-elected. The present directors are
Mr. Wilbar H.
Bolsterle
Mr. Walter Green
Mr. Herbert S.
Heyer
Mr. Arnold
Johnson
Mr. Leslie Gallt
The week before
the Stockholders' meeting, some
representatives from the Tabor Lake Corporation went to see Mr. Ben
White, a
lawyer whom we had dealt with before. They discussed whether