The Shareholder Forum

for

North State Telecommunications

Forum Home Page
 

North State Tel Home Page

North State Tel Reference

 

Forum Report

Corporate Records of North State Telecommunications

Responding to a Forum request, the management of North State Telecommunications Corporation has provided copies of the company's current bylaws, including amendments adopted this month.* Links for downloading these records as well as the company's articles of incorporation can be found under "Governance documents" in the Company Reports section of the Forum's reference page for North State.

On the subject of the company's annual report for 2009, management indicated that they expect it to be distributed to shareholders next week.

Please let me know if you have any questions or comments about these corporate records, or about any other information relevant to investor interests.

GL – November 29, 2010

 

Gary Lutin

Chairman, The Shareholder Forum

c/o Lutin & Company

575 Madison Avenue, 10th Floor

New York, New York 10022

Tel: 212-605-0335

Email: gl@shareholderforum.com


 

* The recent amendments of the bylaws provide for the type of "advance notice requirements" that many corporate lawyers have started recommending as a means of limiting possible abuses of the processes for shareholder nominations and proposals. For views of two advocates of these provisions, see

▪  September 11, 2010, J.W. Verret of George Mason University School of Law, in the Harvard Law School Forum on Corporate Governance and Financial Regulation: "Defending Against Shareholder Proxy Access"

▪  September 16, 2010, Adam O. Emmerich of Wachtell Lipton Rosen & Katz, in the Harvard Law School Forum on Corporate Governance and Financial Regulation: "Shareholder Proxy Access: Time To Get Ready"

 

 

This Forum program is open to all shareholders of North State Telecommunications Corporation, and to any fiduciaries or professionals concerned with their investment decisions. Participation is free of charge, according to the Forum's standard Conditions of Participation.

The purpose of the program is to provide shareholders with access to information and a free exchange of views relating to their consideration of issues described in the Forum Summary. As stated in the Conditions, all Forum participants are expected to make independent use of information obtained through the Forum, subject to the privacy rights of other participants. Forum polices are intended to support anonymous communication, and provide that participants will not be identified or quoted without their explicit permission.

Inquiries and requests to be included in the Forum's distribution list may be addressed to nors@shareholderforum.com.

The information provided to Forum participants is intended for their private reference, and permission has not been granted for the republishing of any copyrighted material. The material presented on this web site is the responsibility of Gary Lutin, as chairman of the Shareholder Forum.

Shareholder Forum™ is a trademark owned by The Shareholder Forum, Inc., for the programs conducted since 1999 to support investor access to decision-making information. It should be noted that we have no responsibility for the services that Broadridge Financial Solutions, Inc., introduced for review in the Forum's 2010 "E-Meetings" program and has since been offering with the “Shareholder Forum” name, and we have asked Broadridge to use a different name that does not suggest our support or endorsement.