Word: board
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Dates: during 1960-1969
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After a spot check of 300 names in the Law School category revealed alumni, M.I.T. grad students, and Business School students included, the board of directors ordered a careful check of every name on the voting list. The Coop personnel who carried out this tedious task made sure not to include anyone as a voting member unless his identity and eligibility were verified. In the process they discovered many duplicate listings. Of the more than 28,000 names checked, 21,029 appeared in the directories...
MAKING the Board of Directors more reflective of the membership deeply concerns the By-Laws Committeee. The question of who gets elected in many ways embodies the other questions. Brown said, "We're trying to figure out a way to make our directors more representative of the entire membership. Let me put it this way, the fact that a thousand people showed up at the last meeting indicates that there is a strong interest on their part. There ought to be some representation of group as large as that, even if they are a minority in terms of the total...
...year, the students directors themselves have been advocating that the methods of their selection could be made more representative. Instead of running as part of the stockholders' nominations, student candidates could run in a separate election. In this way any students interested in running for a seat on the board of directors would have a fair chance. To insure a certain continuity, the directors could devise a system of staggered elections and two-year terms...
HOWEVER, before it can advocate such a change they By-Laws Committee must devise a means of deciding who votes for whom. If the object is to make the board more representative, should Harvard undergraduates vote only for their three representatives or should they also vote for the Radcliffe, M.I.T., and graduate candidates? Moreover, what fraction of the total vote should determine an 'election? If after the first few years the numbers of members actually interested enough to vote dwindles, as had happened at the Yale Co-op, will the method any longer be representative? The By-Laws Committee must...
...solutions to the Coop's voting procedure are far from obvious. In response to the sudden interest last fall, the board of directors is trying to take a long, careful look at its own structure. Brown points out that changing the by-laws is not as simple as it seems; "The by-laws are put together very tightly. If you start to tamper with any part, they all begin to come apart. By analyzing the whole corporate structure, hopefully by summer we will be able to come up with a more satisfactory method of getting a representative and responsible board...