from the towers The importance of Board elections By Morton Gitter Our corporate By Laws provide for an annual election by Shareholders of directors to the Board of Directors ( “Board”). The election process usually begins in May and concludes at the annual meeting of Shareholders, which will be held this year on June 19, 2014. The Board has nine members in total. Shareholders will elect five directors to serve on the Board this month. Four directors will be elected in June 2015. The importance of Board elections cannot be over emphasized. The Board sets policy and is responsible for overall management of the business affairs of our Corporation including the operation of the apartment buildings, the property and the facilities. The Board elects the officers of the Corporation, including the president, treasurer and secretary. The officers also have responsibility for the general management of the affairs of the Corporation . Our independent management company runs the dayto day operation of our complex and works in cooperation with the Board and corporate officers. By voting in Board elections, Shareholders have a powerful voice and influence in determining how the affairs of the Corporation are conducted and in how matters and issues of significance will be decided. If a large percentage of Shareholders do not vote in Board elections, there is danger that a small, well-organized group of Shareholders can elect members to the Board whose views may be inconsistent or out of step with those of the “silent majority” do not vote. If a Shareholder does not vote in Board elections, it seems that his or her right to criticize -- or have a say in what’s going on -- will be seriously diminished. Our election process is straight forward and fair. It is supervised by American Arbitration Association. Eight Shareholders -- three incumbent Board members, two former Board members and three Shareholders who have not previously sought election -- are vying for five Board seats. Ballots are being mailed to Shareholders by AAA on or about June 3. Please be sure to vote and send it back. Included with the ballot will be an insert which contains a biographical sketch of each candidate and also their platform and/or positions. The ballot will also contain instructions for voting. Additional proxies for voting may be obtained at the management office. We will hold a “Meet the Candidates Night” on Thursday June 5 in the movie theatre. All Shareholders are welcome to attend. Each candidate will have the opportunity to make a short statement after which time, questions from the audience will be entertained. A bulletin board will be located in each lobby on which will be posted a flyer prepared by each candidate. In addition, a flyer will be distributed under the door of each apartment. Voting will be by mail, or by depositing the voted ballot in the ballot boxes located in each building lobby or at the annual meeting. Voting will close at the conclusion of the June 19 annual meeting, after which time ballots will be tabulated by AAA. Election results will be certified by AAA and posted as soon as possible upon conclusion of the election. To reiterate, if you want your voice to be heard, please vote! 12 North Shore Towers Courier n June 2014 SEND US YOUR LETTERS! North Shore Towers Courier 38-15 Bell Boulevard, Bayside, NY 11361 Fax: 718-224-5442 • Email: nstcourier@aol.com Victoria Schneps-Yunis Joshua A. Schneps William J. Gorta Jennifer Decio Michael Shain Stephen Reina, Nirmal Singh, Ron Torina, Cheryl Gallagher Publisher & E ditor Associate Publisher Editor-in-chief Art Director Contributing Editor Artists NORT H S H O R E TOWERS North Shore Towers Courier, 38-15 Bell Blvd., Bayside, NY 11361 • Tel: 718-224-5863 • Sales Fax: 718-631-3498 • Editorial Fax: 718-224-5441 • e-mail: mshain@queenscourier.com All letters sent to NORT H SHORE TOWERS COURIER should be brief and are subject to condensing. Writers should include a full address and home and office telephone numbers, where available, as well as affiliation, indicating special interest. Anonymous letters are not printed. Name withheld on request. ALL LETERS TO THE EDITOR AND OP-ED’S DO NOT REFLECT THE OPINION OF THE PUBLISHER. No such ad or any part thereof may be reproduced without prior permission of NORTH SHORE TOWERS COURIER. The publishers will not be responsible for any error in advertising beyond the cost of the space occupied by the error. 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