Bailey Corporation is a Florida Corporation governed by the…

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Bаiley Cоrpоrаtiоn is а Florida Corporation governed by the Florida Business Corporations Act.  Bailey is having its first annual meeting in April. The written notice of the meeting was mailed to all shareholders on the record date. Unfortunately, for Bailey Corporation, the annual meeting took place two days after a devastating hurricane. Major roads were in disrepair, and it was difficult to get commercial airline flights in and out of Florida. When the meeting was called to order, 47 of the 100 shareholders showed up, and there were 10 proxies received by mail. This represents 57% of the shares entitled to vote. Bailey Corporation's articles of incorporation do not specify what is required for a quorum. Where the articles of incorporation are silent as to what constitutes a quorum of shareholders at a shareholder's meeting, what is a quorum?

Bаiley Cоrpоrаtiоn is а Florida Corporation governed by the Florida Business Corporations Act.  Bailey is having its first annual meeting in April. The written notice of the meeting was mailed to all shareholders on the record date. Unfortunately, for Bailey Corporation, the annual meeting took place two days after a devastating hurricane. Major roads were in disrepair, and it was difficult to get commercial airline flights in and out of Florida. When the meeting was called to order, 47 of the 100 shareholders showed up, and there were 10 proxies received by mail. This represents 57% of the shares entitled to vote. Bailey Corporation's articles of incorporation do not specify what is required for a quorum. Where the articles of incorporation are silent as to what constitutes a quorum of shareholders at a shareholder's meeting, what is a quorum?

Bаiley Cоrpоrаtiоn is а Florida Corporation governed by the Florida Business Corporations Act.  Bailey is having its first annual meeting in April. The written notice of the meeting was mailed to all shareholders on the record date. Unfortunately, for Bailey Corporation, the annual meeting took place two days after a devastating hurricane. Major roads were in disrepair, and it was difficult to get commercial airline flights in and out of Florida. When the meeting was called to order, 47 of the 100 shareholders showed up, and there were 10 proxies received by mail. This represents 57% of the shares entitled to vote. Bailey Corporation's articles of incorporation do not specify what is required for a quorum. Where the articles of incorporation are silent as to what constitutes a quorum of shareholders at a shareholder's meeting, what is a quorum?

Bаiley Cоrpоrаtiоn is а Florida Corporation governed by the Florida Business Corporations Act.  Bailey is having its first annual meeting in April. The written notice of the meeting was mailed to all shareholders on the record date. Unfortunately, for Bailey Corporation, the annual meeting took place two days after a devastating hurricane. Major roads were in disrepair, and it was difficult to get commercial airline flights in and out of Florida. When the meeting was called to order, 47 of the 100 shareholders showed up, and there were 10 proxies received by mail. This represents 57% of the shares entitled to vote. Bailey Corporation's articles of incorporation do not specify what is required for a quorum. Where the articles of incorporation are silent as to what constitutes a quorum of shareholders at a shareholder's meeting, what is a quorum?

Bаiley Cоrpоrаtiоn is а Florida Corporation governed by the Florida Business Corporations Act.  Bailey is having its first annual meeting in April. The written notice of the meeting was mailed to all shareholders on the record date. Unfortunately, for Bailey Corporation, the annual meeting took place two days after a devastating hurricane. Major roads were in disrepair, and it was difficult to get commercial airline flights in and out of Florida. When the meeting was called to order, 47 of the 100 shareholders showed up, and there were 10 proxies received by mail. This represents 57% of the shares entitled to vote. Bailey Corporation's articles of incorporation do not specify what is required for a quorum. Where the articles of incorporation are silent as to what constitutes a quorum of shareholders at a shareholder's meeting, what is a quorum?

Bаiley Cоrpоrаtiоn is а Florida Corporation governed by the Florida Business Corporations Act.  Bailey is having its first annual meeting in April. The written notice of the meeting was mailed to all shareholders on the record date. Unfortunately, for Bailey Corporation, the annual meeting took place two days after a devastating hurricane. Major roads were in disrepair, and it was difficult to get commercial airline flights in and out of Florida. When the meeting was called to order, 47 of the 100 shareholders showed up, and there were 10 proxies received by mail. This represents 57% of the shares entitled to vote. Bailey Corporation's articles of incorporation do not specify what is required for a quorum. Where the articles of incorporation are silent as to what constitutes a quorum of shareholders at a shareholder's meeting, what is a quorum?

Bаiley Cоrpоrаtiоn is а Florida Corporation governed by the Florida Business Corporations Act.  Bailey is having its first annual meeting in April. The written notice of the meeting was mailed to all shareholders on the record date. Unfortunately, for Bailey Corporation, the annual meeting took place two days after a devastating hurricane. Major roads were in disrepair, and it was difficult to get commercial airline flights in and out of Florida. When the meeting was called to order, 47 of the 100 shareholders showed up, and there were 10 proxies received by mail. This represents 57% of the shares entitled to vote. Bailey Corporation's articles of incorporation do not specify what is required for a quorum. Where the articles of incorporation are silent as to what constitutes a quorum of shareholders at a shareholder's meeting, what is a quorum?

Bаiley Cоrpоrаtiоn is а Florida Corporation governed by the Florida Business Corporations Act.  Bailey is having its first annual meeting in April. The written notice of the meeting was mailed to all shareholders on the record date. Unfortunately, for Bailey Corporation, the annual meeting took place two days after a devastating hurricane. Major roads were in disrepair, and it was difficult to get commercial airline flights in and out of Florida. When the meeting was called to order, 47 of the 100 shareholders showed up, and there were 10 proxies received by mail. This represents 57% of the shares entitled to vote. Bailey Corporation's articles of incorporation do not specify what is required for a quorum. Where the articles of incorporation are silent as to what constitutes a quorum of shareholders at a shareholder's meeting, what is a quorum?

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