Alpo Posted June 24, 2020 Share Posted June 24, 2020 Let's say, just for pretends, did THAT I own a large block of voting stock in XYZ Gun company. There is a stockholders meeting coming up where they will vote on whether or not to get out of the gun business. I will not be able to go to the meeting. Hardpan is going to the meeting, so I give him my proxy. Does he have to vote my 500,000 shares the way I want them voted - NOT JUST NO BUT HELL NO - or can he vote them however he wants to, because he's there and I'm not? Link to comment Share on other sites More sharing options...
Marshal Mo Hare, SASS #45984 Posted June 24, 2020 Share Posted June 24, 2020 He can vote as he damn well chooses unless you have a contract. Link to comment Share on other sites More sharing options...
Cat Brules Posted June 24, 2020 Share Posted June 24, 2020 Give Hardpan a box othose cigars he likes. Anybody know what he drinks? Cat Brules Link to comment Share on other sites More sharing options...
Cyrus Cassidy #45437 Posted June 24, 2020 Share Posted June 24, 2020 19 hours ago, Marshal Mo Hare, SASS #45984 said: He can vote as he damn well chooses unless you have a contract. What he said. On the other hand, most companies are now doing proxy votes electronically, where the share owner votes without being present. You vote for yourself; you just don't have to be at the meeting. For security reasons, they are using third party electronic voting members to administer it. I do this all the time with my stocks. Link to comment Share on other sites More sharing options...
Ramblin Gambler Posted June 25, 2020 Share Posted June 25, 2020 The last time I looked at the paperwork for a proxy ballot it had 3 options. Assign my proxy to someone to vote as they please Assign my proxy to someone to vote no. Assign my proxy to someone to vote yes. On the first option I had to name the person. I don't think there was a name for the last 2. I assumed they just knew people who were going to vote each way and would give it to them. But maybe it was electronic votes like Cyrus said. Link to comment Share on other sites More sharing options...
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