2(f) of the Articles of Incorporation
as amended shall be by the joint nominating committee of The Florida Bar Foundation and The Florida Bar.
2) In addition to the above reasons, the Company will make the necessary additions, deletions, revisions and movements as a stock corporation under the Corporation Law, and will take this opportunity to review the provisions of the Articles of Incorporation
and make any necessary changes across the board.
The proposed amendments to the company's Articles of Incorporation
call for, among other items, increasing the number of authorized shares in order to effect a 2-for-1 stock split.
3) The Company's Articles of Incorporation
were amended to increase the number of authorized shares of Common Stock of the Company to 95,000,000 shares, $.
The Board of Directors have also voted and agreed unanimously to amend its Articles of Incorporation
to authorize five million shares of preferred stock at $.
Aetna (NYSE: AET) today announced that its Board of Directors has voted to submit a proposal to shareholders to place a majority vote standard for the election of directors in the company's articles of incorporation
Shareholders at the Company's annual meeting also approved (i) amending the Company's articles of incorporation
to increase the number of authorized common shares to 100,000,000 and to authorize 30,000,000 preferred shares and (ii) the adoption of the 1994 Stock Option Plan and the reservation of 10,000,000 Common Shares for issuance thereunder.
Global's Articles of Incorporation
are not approved by shareholders, the special dividend will not be paid, and the Board and management will consider other options.
The proposed amendment to the Articles of Incorporation
would change the plurality voting standard to a majority voting standard.
McDowell said that Osborne's acquisition of Cardinal common stock was not in compliance with the company's Articles of Incorporation
The Board also approved amendments to the Articles of Incorporation
The company has filed a proxy statement with the Securities and Exchange Commission pursuant to which the company intends to seek shareholder approval of an amendment to the company's Articles of Incorporation
creating an authorized class of preferred stock.