Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers W > Headlines for Warwick Valley Telephone Co. > News item |
Warwick votes three to board, shareholders reject proposal to sell company
By Lisa Kerner
Charlotte, N.C., May 3 - Warwick Valley Telephone Co. elected the following people to its board of directors at its annual meeting held on April 27: Jeffery D. Alario, Wisner H. Buckbee and Douglas J. Mello.
They were elected for three-year terms as class II directors. Buckbee was also named chairman of the board.
Thomas H. Gray was elected to fill the remaining one-year term of the class III directorship formerly held by Corinna S. Lewis.
Shareholders approved the selection of WithumSmith+Brown, PC as the company's independent accountants through Dec. 31.
The proposal to sell the Warwick, N.Y., communication services company at auction was defeated by more than a 2 to 1 margin, according to a company news release.
Shareholders also voted down a proposal urging that the quarterly dividend to shareholders be significantly increased.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.