| T.R | Title | User | Personal
Name | Date | Lines |
|---|
| 588.1 | Thanks and a nit | ULTRA::KINDEL | Bill Kindel @ LKG2 | Wed Jul 22 1992 15:36 | 11 |
| Thank you, Paul, for posting the minutes. My main suggestion at this
point is that VAXnotes readers don't need them to be double-spaced and
paginated. How about entering straight text here and placing a version
that is suitable for printing/posting into a file in a known location?
My only other nit seems to have been touched on at the May meeting.
When reporting the outcome of motions, please adopt a consistent format
(e.g. "nn FOR, nn AGAINST, nn ABSTAINED -- ") and either "MOTION PASSED"
or "MOTION DEFEATED". You're right to note when a vote requires other
than a simple majority for passage, though I'd suggest doing so BEFORE
reporting the outcome.
|
| 588.2 | | RANGER::MCANULTY | | Wed Jul 22 1992 17:38 | 7 |
| ...wow...
And this is the same DCU from last September? :-)
Thanks to all of you.
Peter
|
| 588.3 | | DECLB1::SHERMAN | ECADSR::Sherman DTN 223-3326 | Wed Jul 22 1992 18:01 | 12 |
| I feel that shareholders expect to see what the voting records are of
their elected representatives if they so choose. This is at times a
hot topic when it concerns government officials. Basically, how else
can we be assured that the directors we voted for are representing our
interests? There were no "hot" questions with this set of minutes.
But, if such questions come up, the Board doesn't decide the way I would
like and the voting is kept secret, I plan to contact all Board members
to ask what their vote was and why. Just as with government officials
and as with the recent DCU elections, I may expect that my concerns
would reflect the concerns of others.
Steve
|
| 588.4 | | TOMK::KRUPINSKI | Repeal the 16th Amendment! | Wed Jul 22 1992 18:17 | 35 |
| First and foremost, thanks for posting the minutes!
Now, on to the comments and questions...
> Mr. Cockburn informed the Board of their right to waive a seven
> (7) day notice for Board of Directors' Meetings.
I take this to mean that normally, each BoD member must be notified
about a BoD meeting 7 days before it is held, but that the Board
my vote to waive that right. I think that is a bad idea, unless
it is waived by all 7 directors. If you don't know about a meeting,
and hence aren't there, you can't vote against waiving the right
to notice...
> After a brief discussion, the Board decided to hold the regular
> monthly Board Meetings on the fourth Tuesday of every month, beginning
> at 3 p.m. at the DCU headquarters office in Maynard.
a) encouraged to attend?
Are members b) discouraged from attending?
c) prohibited from attending?
I understand that if an executive session is called, members would
be excluded.
re: Attorney/client privilege:
It was stated that only the full Board can waive this privilege.
Does that mean all 7 directors, or all those in attendance?
Tom_K
|
| 588.5 | | ESBLAB::KINZELMAN | Paul Kinzelman | Wed Jul 22 1992 19:20 | 12 |
| The waiving was to get around a legal problem. There must be a board meeting
every month, and so we had to have one in April. However, the election results
were announced late in the month so there wasn't time to do the 7 day thing.
All other board meetings are announced way in advance so this shouldn't
be a problem.
I don't know if members can attend. I'll ask. I suspect it would require a
vote of the board.
re: A/C privs
I don't know the answer to that. I would think that it would be a simple
majority. Fortunately it is moot for now, because we all voted in favor of it.
|