Thursday, April 10, 2014

Dissenting proxies

I have absolutely no idea of the issues involved at Harvard Illinois Bancorp - but they led to one of the funnier dissenting proxies I have ever seen.

I will save you the bother of reading. The introduction is as follows:

Dear Fellow Shareholder,

Below is a picture taken at last year’s annual shareholder meeting of our Bank’s Chairman.  None of the other board members bothered to wake him up.



Photo taken at annual meeting on May 23, 2013 at 2:54 pm.



If you, like me, believe it’s time to bring a fresh influence to our Bank’s board of directors, please vote the GREEN proxy card for Mark Saladin.


Priceless.




John

3 comments:

Gareth Brown said...

Thanks for the laugh John. I once saw Roger Corbett asleep (or very close to) at a Fairfax AGM, perhaps 2005 or 2006. Clearly, he was dreaming about one day becoming chairman.

Luke said...

They did well to get Rob Ford of Toronto to be chair

Phil Timyan said...

Here is a profile of the company, HARI Harvard Illinois Bancorp http://timyanbankalert.blogspot.com/2014/10/update-harvard-savings-bank-harvard-il.html

General disclaimer

The content contained in this blog represents the opinions of Mr. Hempton. Mr. Hempton may hold either long or short positions in securities of various companies discussed in the blog based upon Mr. Hempton's recommendations. The commentary in this blog in no way constitutes a solicitation of business or investment advice. In fact, it should not be relied upon in making investment decisions, ever. It is intended solely for the entertainment of the reader, and the author.  In particular this blog is not directed for investment purposes at US Persons.