Word: boarding
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Dates: during 1960-1969
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Democratizing the stockholders and board of directors to give students half the seats on each...
Allowing any member to run for the board if he can get a petition with 100 member signatures...
...main changes proposed by a committee of the board of directors and already approved by the ten stockholders encompass...
...which students will vote for student candidates and non-students (alumni, officers, employees) vote for non-students. Voting by mail with proportional representation will safeguard the Coop from a sudden takeover by a small number of members, while offering a way for minorities to have representatives on the board...
...self-appointed to the directors, who would more than ever represent the membership. The directors instead of the "trustee" stockholders would set the rebate rate, for example. While continuing to hold the 60.000 shares of Coop stock in trust, the stockholders will become no more than a nominating board for the directors...